Self-drilling Oil Wells to Beat Self-driving Cars to Market, SLB VP Says
A top executive of Schlumberger NV (SLB), the world's largest energy services firm, on Monday predicted autonomous drilling…
Source: oedigital.com
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Wall St Week Ahead-US small caps struggle as elevated interest rates take a toll
The prospect of interest rates remaining elevated as the Federal Reserve battles inflation is further clouding the outlook for shares of smaller U.S. companies, which have lagged broader markets this...
Source: marketscreener.com
Wall St Week Ahead-US small caps struggle as elevated interest rates take a toll
Small cap stocks surged at the end of 2023, as expectations grew that the Fed was done raising interest rates and would soon begin easing monetary policy. That would be a welcome change for smaller companies, which rely more heavily on debt financing and consumer spending.
Source: indiatimes.com
Google faces second day of closing arguments in US antitrust trial
The U.S. government will lay out its antitrust case against Alphabet's Google on Friday in a second day of closing arguments focused on accusations that the online search leader broke the law to...
Source: marketscreener.com
Coinbase posts soaring profit on jump in crypto prices
(Reuters) -Coinbase Global swung to a first-quarter profit of over $1 billion from a year earlier loss, helped by an uptick in cryptocurrency trading following the launch of the first U.S.-listed exchange traded funds (ETFs) tracking bitcoin in January.
Source: thestar.com.my