U.S. stocks closed with the expectation of interest rate cuts boosted by non-farm payrolls, with the S&P and Nasdaq hitting new highs! Tesla rose nearly 38% in eight days, while Nvidia cooled off.
In June, non-farm payroll employment in the USA fell sharply, with significant downward revisions to previous data, and the unexpected rise in unemployment rate highlighted a cooling labor market, leading the market to bet over 70% on rate cuts in September and December.
Express News | U.S. Energy Stocks Fall; Chevron Corp, Exxon Mobil Corp, Marathon Oil Corp, Schlumberger Down Between 1.6%-2.3%
Schlumberger's Quarterly Earnings Preview: What You Need to Know
Schlumberger's OneSubsea Wins Green Production System Deal For TotalEnergies' Angola Project
Schlumberger Limited (NYSE:SLB) disclosed that its OneSubsea joint venture won a contract from TotalEnergies SE (NYSE:TTE) for a Subsea Production System.As per the terms, SLB OneSubsea and TotalEnerg
Top High Quality Stocks That Pay Dividends - UBS
Sector Update: Energy Stocks Edge Higher Premarket Wednesday
Energy stocks were edging higher premarket Wednesday, with the Energy Select Sector SPDR Fund (XLE) up 0.1%. The United States Oil Fund (USO) was 0.1% higher and the United States Natural Gas Fund (UN
Express News | SLB Onesubsea Awarded Contract for TotalEnergies’ Kaminho Deepwater Project
DOJ Asks More Questions About Schlumberger-ChampionX Merger: Details
Schlumberger Limited (NYSE:SLB) and ChampionX Corporation (NASDAQ:CHX) received a second request from the United States Department of Justice regarding Schlumberger's planned acquisition of ChampionX.
SLB, ChampionX Receive Request for More Information on Proposed Merger From US Justice Department
Schlumberger (SLB.PA), d/b/a SLB, and its targeted rival ChampionX received requests for additional information regarding their proposed merger from the Department of Justice, according to a Tuesday r
SLB OneSubsea Awarded Contract for TotalEnergies' Kaminho Deepwater Project
Collaborative field development to launch the first pre-salt Kwanza Basin project, offshore AngolaHOUSTON--(BUSINESS WIRE)--Jul. 3, 2024-- Regulatory News:This press release features multimedia. View
Express News | SLB: Currently Expects Transaction to Close in Q4 2024 or Q1 2025
Express News | SLB: Co, ChampionX Got Request for Additional Information From U.S. DOJ in Connection With DOJ's Review of Planned Acquisition of ChampionX
Schlumberger: Company, ChampionX Get Second Request for Added Information From DOJ
Schlumberger: Company, ChampionX Get Second Request for Added Information From DOJ
Schlumberger, TotalEnergies Partner to Address Energy Value Chain Challenges
Schlumberger (SLB) and TotalEnergies (TTE) said Tuesday they have entered into a 10-year deal that aims to address energy value chain challenges such as carbon capture, utilization, and sequestration.
TotalEnergies To Partner With SLB For Sustainable Energy
TotalEnergies To Partner With SLB For Sustainable Energy
SLB Provides Update on Planned Acquisition of ChampionX
HOUSTON--(BUSINESS WIRE)--Jul. 2, 2024-- Regulatory News:SLB (NYSE: SLB) today announced that, as expected, it and ChampionX (NASDAQ: CHX) have each received a request for additional information (seco
SLB and TotalEnergies Announce 10-Year Partnership to Collaborate on Next-Generation Digital Solutions
LONDON--(BUSINESS WIRE)--Jul. 2, 2024-- Regulatory News:This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240701494323/en/SLB and TotalEnergi
Schlumberger Limited's (NYSE:SLB) Intrinsic Value Is Potentially 74% Above Its Share Price
Key Insights The projected fair value for Schlumberger is US$82.17 based on 2 Stage Free Cash Flow to Equity Schlumberger is estimated to be 43% undervalued based on current share price of US$47.18
Energy Is the Second Worst Performer Amongst S&P 500 Sectors in Q2; APA, SLB, and HAL Among Losers YTD
S&P 500 Edges Down on Week, Still Logs Strong Gain for First Half of 2024
The Standard & Poor's 500 edged down for its first weekly loss since late May, though the index rose almost 15% in the first half of 2024. The S&P 500 ended Friday's session at 5,460.48, down slightly