Oilfield services company SLB (Schlumberger) agreed to buy Kelvion, a data center cooling solutions provider, from Apollo Global Management for about $4.1 billion to expand its AI-related data center business.
SLB is weighing a high-stakes expansion into Venezuela's energy sector, balancing potential market recovery against geopolitical and sanctions-related uncertainties.
SLB and Microchip Technology both experienced a significant surge in call option activity, with SLB's call volume outpacing puts nearly 6-to-1. This indicates strong institutional interest and bullish sentiment for both companies.
New analyst reports have been released for Baker Hughes Co, SLB Ltd, and Brown & Brown Inc. These reports provide updated financial analysis and insights into the performance of these companies.
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Nvidia CEO Jensen Huang met with South Korean President Lee and announced a significant $500 billion partnership with SK Group for AI data centers and memory, pledging massive investment to establish Korea as an AI hub.
SLB, a $70 billion oil services company, is positioned to capitalize on the growth of AI data centers and an anticipated boom in oil exploration following events in the Strait of Hormuz.
German toymaker Tonies plans to double its revenue by 2030, partly through new partnerships such as a deal with Bluey. This strategic move is part of the company's broader growth ambitions.
SLB, formerly Schlumberger, has announced ambitious targets to double its digital business revenue and core profit by the year 2030, signaling a strategic focus on digital transformation.
Citi has adjusted its stock price target for Advanced Micro Devices (AMD) following a significant company move. Analysts are also evaluating whether AMD and SLB are favorable stock investments for the current period.
The war in Iran has caused a supply shock that significantly boosted SLB N.V. (SLB) in Q1, while also contributing to rising prices that outpace wages in the West. This conflict is impacting global economic dynamics.
An analysis explores whether SLB Limited (SLB) stands out as the most resilient player in the oilfield services sector amidst current market conditions.
SLB (formerly Schlumberger) is recognized as one of the best-performing S&P 500 stocks, with an analysis explaining the reasons behind its strong performance.
Financial analysts have shared their perspectives and insights on several prominent energy companies, including Range Resources (RRC), Genesis Energy (GEL), and Schlumberger (SLB).
SLB (Schlumberger) announced its first-quarter 2026 financial results, reporting a 6% slip in net income to $752 million. This indicates a decline in profitability for the oilfield services company.
Multiple exchange-traded funds (ETFs) from Mackenzie, Franklin, and CIBC have announced their latest dividend declarations. These declarations include specific per-unit amounts for various bond, income, and cash management ETFs.
SLB (Schlumberger) announced its first-quarter earnings, reporting revenue of $8.72 billion, which surpassed analyst expectations despite ongoing disruptions in the Middle East. The company's non-GAAP earnings per share were in line with forecasts.
An analysis identifies SLB N.V. (SLB) as one of the best undervalued stocks currently available for under $50, providing insights into its investment potential.
Schlumberger chief executive officer Olivier Le Peuch sold a portion of his holdings worth $275,000, marking another notable insider transaction in the energy services sector.
Ormat is leveraging its geothermal expertise to power cloud infrastructure for AI, launching two next-gen projects in Nevada with Sage Geosystems and SLB.
SLB has been awarded a contract to restore offshore production operations for Brunei Shell Petroleum, marking a significant development in the region's energy sector.
Several stocks, including American Airlines, Coherent, SLB, Tesla, Intel, Oracle, and American Express, experienced notable price changes during premarket and midday trading sessions.
SLB (formerly Schlumberger) is heading into its second-quarter earnings report with particular attention on its digital business performance and overall outlook.
SLB's OneSubsea division has been awarded an Engineering, Procurement, and Construction (EPC) contract for an Eni project located offshore Ivory Coast.
Analysts are assessing SLB N.V. (SLB) as a potential low volatility stock and Micron Technology (MU) as a long-term investment. These evaluations provide insights into potential stock picks for investors.
Jim Cramer highlighted SLB as 'by far the best' in its sector and called Marriott 'the best' among hotel companies, commending their strong industry positions.
SLB, a global technology company, anticipates an additional $10 billion in annual digital spending by the year 2030, signaling a significant investment in digital transformation.
SLB has announced a partnership with Venezuela's state-owned oil company PDVSA to modernize the country's oil sector using artificial intelligence technologies.
Faced with high interest rates and expensive land, a growing number of potential homebuyers in Austria are abandoning plans for house construction and opting to purchase condominiums instead. This trend, already established in the west, is now reaching the country's eastern regions.
SLB announced its intention to acquire Tachyus, a move aimed at expanding its suite of reservoir management tools and enhancing its technological capabilities in the energy sector.
Representatives from Uzbekistan and the global technology company SLB (formerly Schlumberger) have held discussions regarding potential cooperation in the energy sector. The talks focused on enhancing technological advancements and investment opportunities.
Wall Street analysts are divided on the future outlook of SLB N.V. stock, with discussions focusing on whether the company's shares are poised for bullish or bearish trends.
Maine's Democratic Governor vetoed a bill that sought to impose a temporary moratorium on the construction of new data centers in the state. This decision makes Maine the latest state to consider, and ultimately reject, such a ban amidst growing concerns over energy consumption.
SLB and Halliburton predict that crude oil prices will remain elevated for an extended period, not returning to pre-Iran war levels soon, which will impact various products, especially gasoline.
SLB, a major oilfield services company, reported a decline in its quarterly profit. The company attributed the slip to disruptions in Middle East oilfield activity caused by the ongoing Iran war, which also clouds its future outlook.
Shore Bancshares announced its Q1 GAAP EPS of $0.51, surpassing estimates by $0.06, with revenue of $59.89M also beating expectations by $1.59M. Meanwhile, SLB's Q1 earnings are anticipated to fall despite steady revenue growth.
Lockheed Martin has secured an $850 million contract to advance the Trident II submarine-launched ballistic missile, which boasts a range of 11,500 kilometers and precision accuracy.
SLB (formerly Schlumberger) has expanded its partnership with Nvidia to develop advanced artificial intelligence infrastructure specifically for the energy sector, with new reports detailing the scope of this collaboration.
An analysis of oil services stocks suggests that one company is significantly outperforming its peers, with Baker Hughes, Halliburton, and SLB being key players in the sector.
India's naval strength is significantly enhanced with the upcoming commissioning of INS Aridhaman, a larger and more capable Arihant-class nuclear submarine. This vessel boasts an increased missile payload and advanced stealth features, bolstering India's continuous at-sea deterrence and second-strike capabilities. Its operational deployment marks a crucial milestone for the nation's strategic forces.
Construction crews successfully navigated a highly unstable geological shear zone while excavating the Srisailam Left Bank Canal tunnel, marking a critical milestone for the regional water infrastructure scheme.
SLB, formerly Schlumberger, has reportedly gained access to Venezuela's highly sought-after oilfield data through a new contract. This exclusive agreement provides SLB with crucial information on the country's oil reserves.
The SEBI chief has declared that options trading should not dictate market policy and announced an upcoming revamp for the Securities Lending and Borrowing Mechanism (SLBM).
The Pakistan Stock Exchange opened the week with significant gains, rising over 4,000 points in early trade, while SLB stock also experienced a notable surge this past week. These movements indicate positive investor sentiment in both markets.
Energy company SLB has expanded its operations beyond the Middle East, capitalizing on new revenue opportunities in other regions and by venturing into the AI market through data centers, sidestepping challenges in its traditional markets.
Several companies, including SLB, Business First Bancshares, Corteva, Huntington Bancshares, Booz Allen, GrafTech International, and Gorman-Rupp, have announced their latest dividends and reported their second-quarter earnings, with some beating analyst expectations.
SLB has partnered with Liberty Energy to supply modular parts and power solutions to data centers. This collaboration aims to provide energy infrastructure for the growing data center industry.
An analysis delves into the 'SLB Paradox,' examining how the company or concept faces short-term challenges while simultaneously possessing long-term growth drivers. The piece explores the dynamics between immediate obstacles and sustained future potential.
Multiple articles provide analysis on various stocks, including high-growth AI companies, Visa, SoundHound AI, Western Digital, DNOW, HEICO, Spotify, TransAlta, Applied Materials, CoreWeave, Honeywell, and Illinois Tool Works, evaluating their potential as investment opportunities.
SLB (Schlumberger) predicts that global oil prices will remain elevated, even if the Strait of Hormuz reopens, indicating a long-term trend of high energy costs.
Several companies, including Park National and Paul Mueller, have released their Q1 2026 earnings reports, detailing financial metrics like GAAP EPS and revenue. Meanwhile, other firms such as Cadence Design Systems and Sanmina are providing previews of their upcoming Q1 or Q2 2026 financial results.
SLB announced its first-quarter revenue increased by 3% to $8.72 billion, driven by broad growth. The company noted that its operations in the Middle East were affected by disruptions.
North Korea conducted multiple ballistic missile tests, which state media reported were overseen by leader Kim Jong Un. The launches included improved missiles with cluster warheads and drew international condemnation.
An outlook for SLB's first-quarter 2026 earnings has been published, detailing expectations for the company's financial performance. Investors are anticipating the official report.
Nvidia is reportedly increasing its focus on the energy industry through a collaboration with SLB, prompting discussions on whether this strategic move strengthens the investment case for NVDA stock.
Polish President Karol Nawrocki traveled to Budapest to meet with Hungarian Prime Minister Viktor Orbán to strengthen relations, a visit that drew strong criticism in Poland, including from his own foreign minister, due to its timing ahead of Hungarian elections and concerns about supporting Orbán.
Pedro Henriques elogia o árbitro de Évora e considera que está "bem fisicamente e a decidir bem os lances de arbitragem". Jogo entre Benfica e Vitória SC, "sem casos". Nota 7 (em 10) para Godinho.
Analysts are reportedly expressing conflicting opinions and sentiments regarding the stock performance and outlook for energy companies BP and Schlumberger.