SLB (SLB) is deepening its collaboration with NVIDIA to develop cutting-edge generative AI solutions tailored for the energy industry.This partnership, building on years of collaboration, aims to accelerate the deployment of industry-specific AI models across SLB's digital platforms. These platforms, including Delfi and Lumi, will enhance the way energy professionals interact with data.At the heart of this initiative is NVIDIA NeMo, a key component of the NVIDIA AI Enterprise software platform. By leveragin ...

Novo Nordisk (NVO) shares have lost 5% in the past three months, which translates to approximately $29 billion in market value, against the industry’s growth of 2.6%. NVO has also underperformed in the sector and the S&P 500 in the past three months, as seen in the chart below.NVO Stock Underperforms the Industry, Sector & the S&P 500Image Source: Zacks Investment ResearchThe dip in the stock price was primarily observed after the company faced a major setback in July when the FDA rejected its regulatory fi ...

FactSet Research Systems, Inc. (FDS) has reported impressive fourth-quarter fiscal 2024 results, wherein earnings and revenues beat the Zacks Consensus Estimate.FDS’s earnings per share (excluding $1.4 from non-recurring items) of $3.7 beat the consensus mark by 3.9% and increased 27.7% from the year-ago quarter. Revenues of $562.2 million surpassed the Zacks Consensus Estimate by 2.7% and gained 4.9% from the year-ago quarter.The company’s shares have gained 14.1% in the past month compared with the 14.1% ...

Wall Street cheered Nike’s move to oust CEO John Donahoe this week as the sneaker giant’s stock, which had been lagging over the past year amid slumping sales, saw a spike of more than 8%.The stock surge comes as Elliott Hill, a longtime Nike executive who left the popular sportswear brand in 2020 only to return earlier this week as its new CEO, tried to encourage staffers and lift their morale following the departure of his predecessor.“I know things haven’t been easy, and we certainly have taken our fair ...

FedEx Corp FDX has hit a rough patch, with its recent quarterly results leaving investors concerned. The stock plummeted over 15% during midday trading on Friday on the earnings news, wiping out gains made during this past quarter.With the drop, FedEx investors have seen only a 1.56% gain over the past year and less than 1% year-to-date.Earnings Miss: A Tough Quarter For FedExReporting first-quarter revenue and earnings that fell short of analyst expectations, the logistics giant cited a "challenging quarte ...

Three Mile Island — the infamous site of America’s worst nuclear disaster — is gearing up for a comeback, and Microsoft is first in line to tap into its energy.The tech giant signed a data center deal with Constellation Energy to help resurrect a unit of the nuclear plant in Pennsylvania in what would be the first-ever restart of its kind, the companies said on Friday. 4 Constellation Energy plans to restart the reactor by 2028, pending approval from the Nuclear Regulatory Commission, with Microsoft purch ...

Macy’s, Inc. (M) has announced plans to hire more than 31,500 full and part-time seasonal employees for the upcoming holiday season. These positions will support operations at Macy’s, Bloomingdale’s and Bluemercury stores, as well as its distribution centers. The aim is to enhance customer experiences during the holidays by ensuring sufficient staffing across key locations.Macy’s offers a streamlined online application process, with many candidates receiving job offers within 48 hours. In addition to online ...

GE HealthCare Technologies, Inc (GEHC) has introduced Venue Sprint, a new portable ultrasound system designed to meet the growing demand for point-of-care ultrasound across various healthcare settings.Equipped with powerful Venue software, AI-enabled tools and wireless Vscan Air dual-probes, the Venue Sprint delivers high-quality imaging and real-time insights in critical care, emergency medicine and medical transport environments.The device enhances workflow efficiency by simplifying learning, offering exc ...

Hercules Capital, Inc. (HTGC) is well-positioned for top-line growth, supported by the growing demand for customized financing on the back of rate cuts. However, as the company continues to undertake efforts to improve originations, expenses will likely remain elevated, thus hurting profits.Key Growth Drivers for HTGCDespite the challenging macroeconomic backdrop, Hercules Capital has been witnessing a growing demand for customized financing from private equity firms and venture capitalists, which has aided ...

TAMPA, FL and COMMACK, NY, Sept. 20, 2024 (GLOBE NEWSWIRE) -- TRxADE Health, Inc. (“TRxADE”) (NASDAQ: MEDS) and Scienture, LLC (“Scienture”), a wholly owned subsidiary of TRxADE, today announced that it is changing its name to Scienture Holdings, Inc. (“Scienture Holdings”), effective Monday, September 23, 2024. Scienture Holdings stock will begin trading under the new ticker symbol NASDAQ:SCNX on September 23, 2024. About TRxADE TRxADE HEALTH, INC. historically focused on health services IT assets and oper ...