General Electric's stock is in a full-blown crisis — Here's how you can tell

General Electric’s stock is acting right now like the banks did at the height of the 2008 financial crisis — completely disregarding any soothing words from those in the know. Shares of the fallen industrial giant have tanked 10% over the course of two days as Wall Street grows increasingly concerned about GE’s sky high debt levels, weakening fundamentals and pressured liquidity position. “While liquidity is certainly debatable, we believe this is not really about liquidity, it’s about a deterioration in run rate fundamentals,” said JPMorgan analyst Stephen Tusa in a note on Friday.

• 
  Former GE vice chair on Larry Culp's inherited problems

  CNBC Videos
• 
  GE Plunged to a Nine-Year Low after JPMorgan Cut Its Target Price

  Market Realist

How Trump's tax cuts hurt the GOP in America's wealthy suburbs

Republicans are losing their hold on upper-middle-class suburbs, and the tax reform bill may be to blame. Although a number of races are still too close to call, Democrats have taken 30 seats so far — more than the 23 GOP districts they needed to seize control of the House of Representatives. In swing districts across the country, new Democratic challengers vowed to defy the Trump administration while Republican incumbents touted the benefits of tax reform and a booming economy.

Here are the 40 newly announced Sears and Kmart store closures

Sears Holdings Corp. has announced that 40 stores will close in February 2019, adding to the 142 closures the struggling retailer announced previously. The stores, which include both Kmart and Sears locations, will begin liquidation sales late next week, the company said. Sears (SHLDQ)  filed Chapter 11 on Oct. 15.

You have to be 'very, very brave' to buy GE now, says Van...

William Cohan of Vanity Fair joins 'Squawk Box' to discuss General Electric after J.P Morgan downgraded the stock.

• 
  General Electric shares hit lowest level since March 2009

  CNBC Videos
• 
  GE Rout Deepens as CEO's Attempt to Soothe Investors Falls Flat

  Bloomberg

You should be worried about tech stocks, and here’s why

After three weeks of tech earnings reports, we have seen such major companies as Apple Inc. and Amazon.com Inc. hammered after poor forecasts, but the real danger for tech is being voiced by companies that are not such household names. Several semiconductor companies are seeing a slowdown, and, even though they may be in the minority for now, they should not be ignored. Semiconductors, because of where they sit in the global supply chain and how pervasive their use is across so many products, can sound alarms about tech-ecosystem weakness that could be right around the corner.

Pabst says MillerCoors is trying to put it out of business

Pabst Brewing Company and MillerCoors are going to trial, with hipster favorite Pabst contending that MillerCoors wants to put it out of business by ending a longstanding partnership through which it brews Pabst's beers. The case has high stakes for Pabst, whose lawyers argue that the company's very existence relies on the partnership with Chicago-based MillerCoors, which produces, packages and ships nearly all its products, which include Pabst Blue Ribbon, Old Milwaukee, Natty Boh and Lone Star. MillerCoors, meanwhile, says it's not obligated to continue brewing for Pabst and that Pabst doesn't want to pay enough to justify doing so.

Is the Options Market Predicting a Spike in NVIDIA (NVDA) Stock?

Investors in NVIDIA Corporation NVDA need to pay close attention to the stock based on moves in the options market lately. What is Implied Volatility? Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other.

• 
  Do Options Traders Know Something About TESARO (TSRO) Stock We Don't?

  Zacks
• 
  Are Options Traders Betting on a Big Move in Amarin (AMRN) Stock?

  Zacks

PG&E, Edison Plunge as Wall Street Weighs California Wildfire Risk

(Bloomberg) -- PG&E shares saw their worst one-day plunge in 16 years, while utility peer Edison International is having its worst day since 2001 amid California wildfires that began in PCG’s service territory.PG&E fell as much as 38 percent in its biggest

• 
  California Native Aaron Rodgers on Wildfires: 'It's Been a Tough Week for Sure'

  Sports Illustrated
• 
  Shares of Edison dive as California utility says it is cooperating with wildfire investigation

  CNBC

General Electric seeks 'urgent' asset sales to cut debt: CEO

High debt levels can increase a company's risk of default. Culp said GE is trying to get "a better grounding in reality" in its ailing power business, which was responsible for its large loss in the third quarter. Culp said he thinks the power business is "getting close" to bottoming out after more than a year of declining revenue and profit.

• 
  General Electric shares hit lowest level since March 2009

  CNBC Videos
• 
  GE Plunged to a Nine-Year Low after JPMorgan Cut Its Target Price

  Market Realist

Apple stock sinks as concerns over slowing iPhone demand take hold

Shares of Apple Inc. took a dive Monday toward a 3 1/2-month low, as a profit and revenue warning from an optical equipment supplier suggested investor worries that iPhone demand may be weakening was becoming reality. Meanwhile, Lumentum Holdings Inc. shares (LITE)plummeted 29% toward a 21-month low, after the company said before Monday’s open that it “recently received a request from one of our largest industrial and consumer customers for laser diodes for 3D sensing to materially reduce shipments” during its fiscal second quarter, which ends December. As a result, Lumentum slashed its adjusted earnings-per-share guidance range for the quarter to $1.15 to $1.34 from $1.60 to $1.75 and its revenue outlook to $335 million to $355 million from $405 million to $430 million.

• 
  Dollar jumps on Europe risks, Fed bets; stocks weaken amid tech nerves

  Reuters
• 
  Apple Stock Drops To Three-Month Low On Dim Outlook By Suppliers

  Deadline

Former GE vice chair on Larry Culp's inherited problems

Bob Wright, former General Electric vice chairman, weighs in on General Electric shares as they dip below $8 following CNBC’s interview with new CEO Larry Culp.

• 
  GE’s problems highlight liquidity worries for investors, ...

  CNBC Videos
• 
  General Electric seeks 'urgent' asset sales to cut debt: CEO

  Reuters

General Electric's slow demise

General Electric shares breached the $8 per share level on Monday as investors grow more skittish about the company’s capital position and debt pile. CEO Larry Culp, on the job just about six weeks, told CNBC during an interview that there is an “urgency” to sell more assets. Last month the company slashed its dividend to one cent and disclosed that the Securities Exchange Commission (SEC) is expanding its ongoing investigation into accounting practices to include a $22 billion goodwill charge the company took in the third quarter related to acquisitions made in its power business.

• 
  General Electric shares hit lowest level since March 2009

  CNBC Videos
• 
  GE Plunged to a Nine-Year Low after JPMorgan Cut Its Target Price

  Market Realist

Nasdaq falls 2 percent as Apple, chip stocks hit by weak forecasts

Apple shares fell 4.7 percent to $209.67, their lowest since July 27, after Lumentum Holdings Inc, the main supplier for Face ID technology, and screen maker Japan Display Inc cut their forecasts. Lumentum plunged 31 percent and dragged down other Apple suppliers, many of them chipmakers such as Cirrus Logic Inc, Qorvo Inc and Skyworks Solutions Inc.

• 
  Dollar jumps on Europe risks, Fed bets; stocks weaken amid tech nerves

  Reuters
• 
  TSX declines as lower gold prices weigh

  Reuters

Factors Likely to Influence NVIDIA's (NVDA) Q3 Earnings?

NVIDIA Corporation NVDA is scheduled to report third-quarter fiscal 2019 results on Nov 15.Notably, the company has a stellar earnings surprise history. In the trailing four quarters, the company’s earnings surpassed the Zacks Consensus Estimate, with

• 
  Medicines Company (MDCO) Q3 Loss Widens, Inclisiran in Focus

  Zacks
• 
  Why the Earnings Surprise Streak Could Continue for Macy's (M)

  Zacks

GE stock closes at 9-year low after JPMorgan warns worst yet to come

General Electric Co. shares tumbled almost 6% on Friday, closing at the lowest level since March of 2009, after JPMorgan Chase & Co. analyst Stephen Tusa slashed his stock price target to $6 from $10 and said the industrial conglomerate’s recent earnings were worse than expected on almost all fronts. GE stock is on track for its worst year since 2008, when it fell 56%. Tusa now has the lowest target of Wall Street analysts covering GE (GE) cementing his bearish reputation.

• 
  General Electric shares hit lowest level since March 2009

  CNBC Videos
• 
  GE Plunged to a Nine-Year Low after JPMorgan Cut Its Target Price

  Market Realist

GE Rout Deepens as CEO's Attempt to Soothe Investors Falls Flat

The shares tumbled as much as 10 percent Monday as Larry Culp expressed a “sense of urgency” in cutting debt and selling assets. Speaking publicly for the first time since the company spooked investors with its third-quarter earnings report Oct. 30, he also said GE’s troubled power division had yet to hit bottom. The CEO’s failure to stem the stock decline underscored the crisis engulfing GE as weak demand for gas turbines, heavy debt and federal accounting probes fuel one of the deepest slumps in the company’s 126-year history.

• 
  General Electric shares hit lowest level since March 2009

  CNBC Videos
• 
  GE Plunged to a Nine-Year Low after JPMorgan Cut Its Target Price

  Market Realist