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Orders of $5.1 billion for the quarter, up 12% sequentially and up 4% year-over-year. Revenue of $5.1 billion for the quarter, up 8% sequentially and up 9% year-over-year. GAAP operating income of $194 million for the quarter, up 18% sequentially and favorable year-o...
Of late, GE is receiving positive commentary from the sell-side thanks to its impressive progress towards reducing debt and simplifying its business by reducing the size of GE Capital. As end markets recover from Covid-19, the company's good work in terms of taking costs out of the bu...
imaginima/E+ via Getty Images WTI crude oil futures tumble below $70/bbl for the first time in more than a month, as OPEC and its allies agreed to increase production at the same time the COVID-19 delta variant threatens global demand. WTI August crude (CL1:COM) settled -7.5% at $66.42/b...
Enterprise artificial intelligence (AI) is an emerging industry. Offering software-as-a-service (SaaS) is now incredibly common among technology companies, but C3.ai (NYSE: AI) has blazed a new trail by providing its customers with foundational AI tools on a subscription basis. ...
This real-money portfolio was first introduced to the Seeking Alpha community in December 2015. The portfolio underperformed its benchmark in Q2 2021 but it is currently outperforming the S&P 500's performance since late 2015. The portfolio was overweight Financials and Indust...
My previous post discovered ERX in a comparative analysis of leveraged oil ETFs. Since then, the ETF has followed crude’s precipitous rise above $70 bbl. From one of the most unloved asset classes in 2020, crude oil’s gain in popularity is testament to a global econo...
Brasil2/iStock via Getty Images Baker Hughes ([[BKR]] +0.2%) says it was awarded two flexible-pipe contracts from Petrobras ([[PBR]] -0.2%), raising the volume of flexible pipe contracted by the Brazilian company in this year's H1 above the combined total volume awarded in 2019-20. The first ...
Combined contracts include 370 kilometers of flexible pipe for the Marlim 2, Itapu, Sapinhoa, Tupi and Buzios 5 pre-salt and post-salt fields offshore Brazil Volume of flexible pipe awarded by Petrobras to Baker Hughes in the first half of 2021 larger than the total volume o...
Electrochaea technology enables CO 2 recycling into grid-quality, low carbon synthetic natural gas (SNG), contributing to decarbonization of hard-to-abate sectors, such as transportation and heating. Baker Hughes will combine its post combustion carbon capture technology...
FN Media Group Presents GlobalInvestmentDaily.com Market Commentary London – June 25, 2021 -It’s being called the “fuel of the future” in the new age of electric vehicles, but this common household chemical was already being used as a fuel nearly ...
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2024-07-30 04:34:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
Golf tournament benefits hospital's newborn center & neonatal intensive care unit Event has raised more than $7 million since 1998 to enhance innovation and excellence in the research, treatment and care of infants HOUSTON, TX / ACCESSWIRE / July 29, 2024 / Baker Hughes is pleas...
Second-quarter highlights Orders of $7.5 billion, including $3.5 billion of IET orders. RPO of $33.5 billion, including record IET RPO of $30.2 billion. Revenue of $7.1 billion, up 13% year-over-year. Net income attributable to the Company of $579 million. ...