The Latest Breaking News from SLB

While a slowdown looks inevitable, the U.S. economy might narrowly avoid a recession this year. Moreover, experts believe the stock market can recover in 2023. Therefore, investors might consider buying quality momentum stocks Schlumberger (SLB), Overseas Shipholding (OSG), Epsilon Energy (EPSN), and Adams Resources & Energy (AE) now. Keep reading….

IMF chief has warned that this year will be more challenging than the last year. Furthermore, growing recessionary fears and the COVID “bushfire” could negatively impact the economy. Amid an uncertain economic backdrop, it could be wise to add fundamentally strong stocks Altria Group (MO) and Schlumberger (SLB) to your…

Dow Jones futures rose early Thursday after major market indexes broke key levels. Tesla kept rebounding after crashing in recent weeks.

Tesla bounced early after leading a growth sell-off with Moderna and Nvidia. Many industrial and energy plays are thriving

The S&P 500 is above its 50-day, but the market rally is still shaky. Tesla doubled its year-end U.S. discount to $7,500.

Futures rose on Nike earnings after the indexes halted their losing streaks. Tesla is trying to climb after diving again Tuesday.

With inflation starting to ease and the Fed indicating slowing down the pace of interest rate hikes, the market could witness a recovery. Therefore, fundamentally strong stocks Cigna Corp. (CI), Schlumberger (SLB), and Myers Industries (MYE) could be worth buying before year-end. Read more….

This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.

A whale with a lot of money to spend has taken a noticeably bearish stance on Schlumberger. Looking at options history for Schlumberger (NYSE:SLB) we detected 41 strange trades.

Schlumberger earnings beat estimates Friday as the oilfield service firm reported momentum was building in the industry. SLB shares edged higher Friday.

Someone with a lot of money to spend has taken a bearish stance on Schlumberger (NYSE:SLB). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.