Large Cap Archives - Page 108 of 437

1 minute read

Baker Hughes Forecasts Dip In FY24 North American Oilfield Spending

January 25, 8:27 AM

Baker Hughes expects Q1 FY24 revenue of $6.1B-$6.6B and EBITDA of $880M-$960M. In FY24, the company projects revenue of $26.5B-$28.5B and EBITDA of $4.1B-$4.5B, with strong LNG demand and new orders. It expects North American D&C spending to decline and international oilfield spending to grow.

BKR

2 minute read

TotalEnergies On Contract Winning Spree: 20-Year NJ Wind Contract Propel US Energy Vision

By Lekha Gupta

January 25, 6:34 AM

TotalEnergies and its partner win 20-year contract to supply 1.34 GW of renewable electricity to New Jersey, with projected profits and community investments.

TTE

3 minute read

Tech Giants Nvidia, AMD, IBM, Microsoft, Google Partner With US Government For AI Research Project

By Piero Cingari

January 24, 5:34 PM

NSF has launched the NAIRR pilot, collaborating with government agencies and private organizations to democratize access to advanced AI resources.

AMD

2 minute read

Stock Market Extends Record Highs, S&P 500 Hits 4,900 On Tech Rally, Microsoft’s $3 Trillion Mark: What’s Driving Markets Wednesday?

By Piero Cingari

January 24, 3:38 PM

It’s a bullish day on Wall Street, with major U.S. large-cap indices reaching record highs, driven by broad-based rallies in tech-related stocks as investors continue to embrace the AI trade.

AAPL

2 minute read

Weight Loss Drug’s Ozempic Counterfeit: Rising Reports Over Patient Safety Related Fake Drugs

By Vandana Singh

January 24, 3:21 PM

Discover the alarming rise in fake Ozempic cases, leading to hypoglycemia. Learn about FDA investigations, counterfeit warnings, and the surge in reports.

LLY

3 minute read

Homebuilder Shares Hang In Balance As Credit-Stretched Consumers Await Rate Cuts

By Neil Dennis

January 24, 2:19 PM

Hopes for strength in the housing market in 2024 are hinged on Fed rate cuts.

DHI

2 minute read

Visa Vs. Mastercard: Which Stock Offers More Upside?

By Surbhi Jain

January 24, 1:58 PM

Visa and Mastercard, forming a near duopoly in the credit card space, compare well in terms of scale and market performance.

1 minute read

Why Insurance Company Progressive Shares Are Surging Today

By Lekha Gupta

January 24, 1:39 PM

Progressive Corp reports strong Q4 results with Net premiums earned of $15.773 billion, net income of $1.99 billion, and adjusted EPS of $2.96.

PGR

3 minute read

American Airlines Vs. Alaska Air: Which Is The Better Buy Heading Into Q4 Earnings?

By Surbhi Jain

January 24, 1:28 PM

American Airlines and Alaska Air are reporting their fourth-quarter (Q4) earnings on Jan. 25 before market hours.

AAL

2 minute read

Why Industrial Major Textron Shares Are Rocketing Today

By Lekha Gupta

January 24, 12:31 PM

Textron reported Street-beating Q4 bottom-line performance. The company also provided optimistic guidance, driven by growth in aviation and industrial sectors.

TXT