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NEWS BRIEF

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Gas Tech Shields Baker Hughes from Oilfield Slump

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Baker Hughes (BKR) topped second-quarter profit estimates on Tuesday, posting adjusted earnings of 63 cents per share against a 56-cent consensus, even as total revenue slipped 3% to $6.91 billion amid a broad oilfield-services slowdown. The beat matters to sector investors because...

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Samsung's €1B Mistral Stake Boosts EU AI

Samsung Electronics (005930.KS) is in advanced talks to invest roughly €1 billion ($1.14 billion) in French AI startup Mistral at a €20 billion ($22.81 billion) valuation, a deal that would cement Asia’s largest chipmaker as a strategic backer of Europe’s top OpenAI...
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SECTOR WATCH
BUSINESS
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ENERGY
gas technology strategy illustration
Gas Tech Shields Baker Hughes from Oilfield Slump
Ceasefire Lowers Crude, Erodes $5 War Premium
Hormuz Disruption Alters Global Oil Flow
FINANCE
Allianz bancassurance deal illustration
HSBC Boosts Equity with Allianz Deal in Singapore
Gas Tech Shields Baker Hughes from Oilfield Slump
Ceasefire Lowers Crude, Erodes $5 War Premium
TECHNOLOGY
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Patreon Slashes Workforce Amid AI Transition
Gas Tech Shields Baker Hughes from Oilfield Slump
Ceasefire Lowers Crude, Erodes $5 War Premium