ruderunnerisnt GE one of the companies that make up the DJIA? Meaning essentially that GE is the street.
The street is the Wall Street anylists earnings expectations for the companies they follow. Multiple anylists follow each stock and publish a earnings projection for the company each quarter. If a company's earning's are higher than the collective anylists projections - they 'beat the street'.
DJIA is made up of the stock price ebb and flow the companies that have been selected (and GE is one of them) to form that particular index measure. DJIA is made up of a very small number (30 I believed) of the total number (thousands) of stocks that are traded.
Never too old to have a happy childhood!
As an alternative viewpoint to one of GE's current problems, this Diesel & Gas Turbine magazine story about heavy Siemens cutbacks may be interesting:
https://dieselgasturbine.com/siemens-restructuring-power-gas/
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