SLB, formerly Schlumberger, delivered a strong Q4 2025 earnings beat with adjusted EPS of $0.78 versus $0.74 consensus and revenue of $9.75 billion, up 5% year-over-year. The integration of ChampionX significantly boosted North American revenue by 26%, shifting SLB’s profile from cyclical drilling to steady production systems. Management also announced a $4 billion capital return […]
HCLTech has signed a definitive agreement to acquire Singapore-based Finergic Solutions for 19 million Singapore dollars, marking a strategic move to strengthen its digital wealth management and private banking presence in Southeast Asia. This acquisition is not about revenue but about gaining specialized capabilities in wealth management technology and Temenos platform expertise, positioning HCLTech as […]
Enova International’s acquisition of Grasshopper Bank for $369 million marks a transformative shift in fintech strategy, as the company secures a rare national bank charter. This deal not only brings $3 billion in low-cost deposits but also offers federal preemption, allowing Enova to bypass complex state regulations like Texas HB 700. The acquisition is priced […]
The latest Amazon (AMZN) Q2 2025 earnings call revealed strong headline financials, with GAAP EPS of $1.68 and revenue hitting $167.7 billion, significantly beating Wall Street expectations. Operating income surged by 31%, indicating robust top-line performance. However, investor focus quickly shifted to the cloud computing division, AWS, where sales growth remained solid at $30.9 billion […]