General Electric Company (NYSE:GE) & Navient Corp (NASDAQ:NAVI) News Recap

On Friday, Shares of General Electric Company (NYSE:GE) lost -0.39% to $30.67. The share price is trading in a range of $30.52 – 30.90. The stock exchanged hands with 28.58 million shares contrast to its average daily volume of 36.27 million shares. General Electric (GE) is buying a pair of tech (technology) startups. One is focused on machine learning and the other on data analytics. The company is eyeing $15.0 billion in software revenue by 2020. The startups General Electric is adding to its portfolio are Wise.io in machine learning and Bit Stew Systems in data analytics. Both companies are based in California. Besides technology, the acquisitions will add ~120 employees to the GE Digital unit. The digital division is on track to generate ~$7.0 billion in revenue this year,…


Link to Full Article: General Electric Company (NYSE:GE) & Navient Corp (NASDAQ:NAVI) News Recap

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