Why Coronavirus News Is Good News for General Electric Stock Today

Rich Smith, The Motley Fool
·2-min read
Why Coronavirus News Is Good News for General Electric Stock Today

General Electric (NYSE: GE) stock is generally best known for its industrial businesses building jet airplane engines and gas-fired turbines for energy production. This morning, GE Healthcare announced it has developed the world's first X-ray artificial intelligence algorithm to assist doctors working to help critically ill COVID-19 patients with their breathing. GE's announcement relates to its Critical Care Suite 2.0 software system, which the company says can help clinicians "assess Endotracheal Tube (ETT) placement for intubated patients, including critical COVID-19 patients."