Shares of oil and gas engineering and services companies are trading lower amid rising Iranian attacks on Strait of Hormuz shipping and continued attempts by Yemen's Houthi rebels to strike Saudi energy infrastructure. Subdued exports from the region for a longer period may lead to fewer contracts for the sector.

Pulsar Helium Outlines Development and Project-Financing Strategy for Commercial-Scale Helium & CO₂ Plant

Pulsar Helium announced its development strategy for a commercial-scale helium purification and liquefaction plant combined with a CO₂ processing facility in Minnesota. The company accepted a binding proposal from Chart Energy & Chemicals (Baker Hughes subsidiary) for US$85.5 million in equipment supply. Pulsar plans to fund the project primarily through project-level debt and public-sector financing, supplemented by existing cash resources, while pursuing discussions with University Bank, DEED, USDA Rural Development, and Minnesota's IRRR for financing support.

Nasdaq 100 Records Have Rarely Been This Narrow, 55 Stocks Are Still Below 50-Day Average

The Nasdaq 100 trades at records Monday, yet 55 of its 101 stocks sit below their 50-day average. QQQ has beaten equal-weight QQQE by 8% since late July.

JPMorgan’s October Stock Picks Hint at 3 ETF Trades: Value, AI Power, Health Care

JPMorgan’s October stock picks spotlight American Express, Liberty Energy and Thermo Fisher, opening ETF plays across value, AI power and health care.

Shares of U.S.-traded companies with Brazil exposure are trading higher after the first round of Presidential election balloting showed right-wing candidate Flavio Bolsonaro with a lead over Lula, the current left-wing President. The results may indicate a possible pro-business final election outcome ahead of the October 25 run-off vote, wherein the winning candidate must achieve a majority above 50%.

Halliburton To Not Carry Out Any Activities On Sea Lion Project In Argentina, Confirms No Participation In Hydrocarbon Exploration Or Production Activities In Or Around Malvinas Islands

SLB Inks 15-Year Deal With TotalEnergies To Use DrillPlan Well Planning, Engineering Solutions

SLB (NYSE: SLB) today announced a 15-year agreement with TotalEnergies to use the DrillPlan™ coherent well planning and engineering solutions. The agreement will support TotalEnergies’ transition to a digital planning