Siemens' wind business losses hint at a challenging industry...
Siemens' wind business losses hint at a challenging industry environment, potentially impacting similar GE Vernova. The situation could affect investor sentiment towards the approaching spinoff, beneficial for GE if Siemens demonstrates recovery. GE's profitable aerospace division's size and profitability are also noteworthy amidst the struggling energy business.
Siemens Energy Stock Plummets on Wind Power Worries. What GE Investors Need to Know. -- Barrons.com
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
Read more
Comment
Sign in to post a comment