SLB launches new AI product as it focuses on digital sales growth

A recent analysis highlights a troubling trend where the rise of AI is leading to significant job losses in the tech sector, creating what some are calling a 'jobless profit boom.' This phenomenon suggests that as companies benefit from increased efficiency and profits due to AI, they are simultaneously reducing their workforce, resulting in a permanent decline in payrolls. This matters because it raises concerns about the future of employment and the economic implications of relying heavily on technology.

Coface's recent presentation highlights a positive trend where growth in services is successfully offsetting a slowdown in the insurance sector. This is significant as it showcases the company's adaptability and resilience in a challenging market, indicating potential for future stability and success.

IBM has made significant strides in quantum computing, showcasing advancements that bring this futuristic technology closer to practical applications. With Google's Willow chip demonstrating improved error rates, the race for quantum supremacy is heating up. This matters because as these tech giants push the boundaries of what's possible, we could soon see quantum computing revolutionizing industries, enhancing data processing, and solving complex problems that classical computers struggle with.

Coface's Q3 2025 earnings call revealed steady growth despite facing various challenges in the market. This positive performance highlights the company's resilience and ability to adapt, which is crucial for investors and stakeholders looking for stability in uncertain economic times.

OpenAI has made a significant move by signing a $38 billion deal with Amazon to utilize its cloud computing infrastructure. This partnership allows OpenAI to leverage Amazon Web Services (AWS) data centers and Nvidia chips, enhancing its artificial intelligence capabilities. This deal is part of a larger trend where companies are investing heavily in AI infrastructure, totaling over $1 trillion. It highlights the growing importance of cloud computing in the tech industry and positions OpenAI to further advance its AI products.

Hippocratic AI has successfully raised $126 million in its Series C funding round, bringing its valuation to an impressive $3.5 billion. This significant investment highlights the growing confidence in AI-driven healthcare solutions, which aim to enhance patient care and streamline medical processes. As the demand for innovative technology in the healthcare sector continues to rise, this funding will enable Hippocratic AI to expand its capabilities and reach, potentially transforming how medical professionals utilize artificial intelligence.

Compass Group has announced an upgrade in its guidance following impressive growth in the third quarter of 2025. This positive news reflects the company's strong performance and resilience in the market, which is crucial for investors and stakeholders looking for stability and potential returns. The upgrade signals confidence in the company's future prospects, making it an important development in the financial landscape.

As demand for artificial intelligence surges, major companies like OpenAI and Meta are investing billions into AI infrastructure. This trend highlights the growing importance of AI in various sectors, driving innovation and competition. Such investments not only enhance technological capabilities but also create job opportunities and stimulate economic growth, making it a pivotal moment for the tech industry.

Morris Mayo, a director at Nordson, has sold shares worth $61,000. This transaction is part of the normal trading activities that directors often engage in, which can sometimes raise questions about insider trading or the company's future. However, such sales are not uncommon and can reflect personal financial planning rather than a negative outlook on the company's performance.

Gold prices have shown a positive trend, settling 0.45% higher at $4000.30, marking an increase in three of the last four sessions. This uptick in gold is significant as it reflects investor confidence and market stability, especially in uncertain economic times. Meanwhile, silver has seen a slight decline, falling 0.2% for the second consecutive session, which could indicate shifting investor preferences.

The Bank of NT Butterfield has reached a significant milestone as its stock price hit a 52-week high of 46.91 USD. This achievement reflects the bank's strong performance and investor confidence, which is crucial for its growth and stability in the competitive financial sector.

The Guardian's editorial highlights a growing class divide in Britain, where a micro-elite in finance and tech is attracting top talent, leaving traditional white-collar jobs less appealing. This shift raises concerns about a society that prioritizes financial proximity over meaningful contributions, potentially leading to social unrest. The piece emphasizes the importance of addressing this imbalance to ensure a more equitable future.

Blink Charging has introduced its new Shasta EV chargers aimed at the multifamily and fleet markets, marking a significant step in expanding electric vehicle infrastructure. This launch is important as it addresses the growing demand for accessible charging solutions in residential and commercial settings, making it easier for more people to adopt electric vehicles and contribute to a greener future.

Phio Pharmaceuticals has successfully raised $13.4 million through a warrant exercise, a significant boost for the company as it continues to advance its innovative therapies. This funding is crucial for supporting their ongoing research and development efforts, which could lead to groundbreaking treatments in the pharmaceutical industry.