Baker Hughes shares are trading higher after the company reported better-than-expected Q2 financial results. Also, it received a technology order from Venture Global for its CP2 LNG project expansion.

RBC Capital Maintains Outperform on Baker Hughes, Raises Price Target to $76

RBC Capital analyst Keith Mackey maintains Baker Hughes (NASDAQ:BKR) with a Outperform and raises the price target from $71 to $76.

AI's Next Bottleneck Isn't Chips, It's Power, With Demand Expected to Soar 1,100% by 2033: Why CEG, VST, GEV Stocks Are in Focus

Global AI electricity demand is set to explode, straining an already struggling power grid, with the U.S. absorbing most of it.

Baker Hughes Announces Multi-Year Contract With Kuwait Oil Company To Develop Upstream Technology, Will Build Research Center In Ahmadi Innovation Valley; Terms Not Disclosed

Shares of oil and gas engineering and services companies are trading higher amid crude price gains due to continued Iranian demands over war reparations, unfreezing of sanctioned assets, and Strait of Hormuz tolling as negotiations with the U.S. may have reached an impasse.