GE Reaffirms Year Forecast as 1Q EPS Tops Estimates

The transcript discusses General Electric's (GE) financial performance, highlighting challenges in cash flow and the power sector. It covers the company's divestitures, including potential exits from oil, gas, and healthcare, and the impact of US-China trade disputes. The discussion also touches on GE Financial's issues and market sentiment, noting a cautious optimism tempered by ongoing challenges. The need for cash generation and strategic moves, such as the biopharma deal with Danaher, are emphasized.

What does the speaker imply about the future of GE's power business?

What are the expectations for GE's aerospace and healthcare sectors?