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Shares of Schlumberger N.V. (NYSE:SLB) traded today at $46.93, eclipsing its 52-week high. Approximately 5.8 million shares have changed hands today, as compared to an average 30-day volume of 12.8 million shares. Schlumberger is the world's largest supplier of products and services to t...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Monday saw strength across the equity market, leading to these three top stock trades for the week. Citigroup ( C ): Completed an inverted head-and-shoulders pattern on Monday. Schlumberger ( SLB ): This st...
A stock market bottom is closer but more than half of the needed conditions have yet to be met, according to Oppenheimer. Now three out of 10 boxes in its Stock Market Bottom checklist are checked, up from just one last week, technical analyst Ari Wald wrote in a note. "While the checklist do...
Energy (NYSEARCA:XLE) is easily the leading S&P industry sector in Monday's trading, +3.6% as it enjoys support from rising WTI crude oil prices to a fresh high for the month and U.S. gasoline futures topped $4/gallon for the first time ever. "The stronger [oil] products get, the more opt...
Oil and gas equities plunged Monday, with the S&P energy sector (NYSEARCA:XLE) tumbling to the bottom of the day's standings, as crude oil futures fall ~5% from pressure on multiple fronts. June WTI crude (CL1:COM) -5.1% to $104.20/bbl, and July Brent crude (CO1:COM) -4.7% to 107.04/bbl. ...
Fisher's 13F portfolio value decreased from ~$179B to ~$165B in Q1 2022. Nvidia, Intuit, Broadcom, Verizon, Uber, AMD, & Meta Platforms were increased while reducing Intel, Walmart, Walt Disney, Cisco, UnitedHealth, Starbucks & Visa this quarter. The top three positions ar...
As oil prices hover around $100, investors naturally seek to deploy capital to oil stocks, as Warren Buffett did. These intelligent investors must be asking which oil stocks are poised to perform the best in the near term amidst rising inflation. Below, I explain why oilfield serv...
With many major stock market indices down year to date, some investors are scrambling to find a safe harbor for their hard-earned savings. One place they are turning to is the energy sector. Energy has massively outperformed formerly hot sectors like tech, as market participants h...
Vancouver, Kelowna, Delta, BC - May 2, 2022 (Investorideas.com Newswire) Investorideas.com , a global investor news source covering Artificial Intelligence (AI) brings you today's edition of The AI Eye - watching stock news, deal tracker and advancements in artificial intelligence. ...
Shale production has plateaued and could actually be on the decline. This contradicts expectations for substantial growth currently in place. We discuss recent data from an industry expert that highlights reasons why these expectations simply cannot be met. There is no such th...
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Regulatory News: SLB (NYSE: SLB) today announced that it will proceed with a voluntary delisting of its shares (ISIN: AN8068571086) from Euronext Paris. Consistent with its prior decisions to delist from other exchanges, SLB reviewed the low trading volumes on the Euronext Paris and, give...
Long-term partnership will digitally transform Aker BP’s subsurface workflows to lower costs, shorten planning cycles and increase production more sustainably Regulatory News: This press release features multimedia. View the full release here: https://www.businesswire.com/n...