General Electric (GE) achieves first hybrid-electric flight above 30k feet with NASA, BETA Technologies and Boeing (BA)
Newsquawk Staff ·
General Electric (GE) achieves first hybrid-electric flight above 30k feet with NASA, BETA Technologies and Boeing (BA)
What it means
General Electric's successful hybrid-electric flight above 30,000 feet marks a significant advancement in aerospace technology, highlighting their collaboration with NASA, BETA Technologies, and Boeing. This achievement may position GE favorably within the burgeoning sustainable aviation sector, potentially influencing investor sentiment towards their stock and the broader industrial space. Keep an eye on how this innovation could attract partnerships and customer interest, especially as regulatory pressures for greener technologies increase.
- PRE-MARKET AUSTRALIAN STOCKS NEWS: Whitehaven Coal (WHC AT) Q1 managed run-of-mine production rose 3% Q/Q to 11.0mln tons, equity sales of produced coal fell 5% Q/Q to 6.0mln tons
- OpenAI trims valuation target to USD 1.25tln after previously pitching a higher price, according to FT
- Newsquawk Daily Asia-Pac Opening News - 23rd October 2026
- Newmont (NEM) says production growth is expected to begin in 2027 following previously flagged 2026 trough, adds Q3 gold production was broadly flat sequentially as anticipated
- US BROKER MOVES: CME upgraded at JPM; BROS downgraded at RBC
Related headlines
- OpenAI is raising up to USD 30bln in funding round at a USD 1.25tln valuation, led by UAE investors, according to CNBC, citing sources; OpenAI is negotiating a commercial deal that would secure more computing capacity from the UAE3 hours ago
- Western Digital (WDC) Q1 2027 (USD): Adj. EPS 4.64 (exp. 4.08), Revenue 4.38bln (exp. 4.14bln)4 hours ago
- Merck & Co (MRK) and Moderna (MRNA) say safety profile of Intismeran plus Keytruda was generally consistent with previously reported studies of combination; significantly reduced the risk of recurrence or death by 42% compared to Keytruda alone5 hours ago
- Moderna (MRNA) downside attributed to early data leaks (link below) - UNCONFIRMED7 hours ago
- State of Rhode Island sues Meta (META) over alleged tolerance for scam advertising7 hours ago
- Uber (UBER) puts all 30,000 employees on ChatGPT Work8 hours ago
- Newsquawk Daily US Earnings Estimates - 23rd October 2026: AXP8 hours ago
- Nvidia (NVDA) launches Minerva platform for end-to-end AI factory observability9 hours ago
- Fireblocks denies talks with Visa (V), CoinDesk reports9 hours ago
- Norfolk Southern (NSC) says tightening truck capacity is improving rail competitiveness, supporting truck-to-rail conversions and stronger customer demand9 hours ago
- US EQUITY OPEN: Mag-7 earnings lead Tech and Indices lower as the Middle East situation remains fragile10 hours ago
- Procter & Gamble (PG) CFO says 'so far, consumer has held up, we don't know if that's going to continue'10 hours ago
- Meta's (META) 5yr CDS hits an all-time high at 114.5bps10 hours ago
- eBay (EBAY) confirms plans to reduce workforce by 9%; expects Q3 results above guidance 11 hours ago
- Google (GOOGL) is launching an agent compute engine11 hours ago