Baker Hughes - Oilfield Services Provider Surprises with Very Strong Q2 Numbers Thanks to Cost-Cutting Measures!

Business Driver: Baker Hughes (BKR) is one of the world's leading oilfield services providers. Currently, it is primarily benefiting from increasing revenues in the Industrial & Energy Technology – IET sector, especially as it offers turnkey solutions around natural gas and LNG segments, while also providing suitable power supply solutions for cloud and data centers. Especially in this segment, Baker Hughes is presented with enormous growth opportunities due to the AI boom, as they secured orders worth over 350 million USD primarily for NovaLT...