SLB Posts Upbeat Results, Joins Bank OZK, Qorvo And Other Big Stocks Moving Higher On Friday

Author: Avi Kapoor | January 17, 2025 11:34am

U.S. stocks were higher, with the Dow Jones index gaining over 300 points on Friday.

Shares of Schlumberger Limited (NYSE:SLB) rose sharply during Friday's session following fourth-quarter results.

The company reported better-than-expected fourth-quarter EPS and revenue. Additionally, the Board announced a 3.6% increase in its quarterly cash dividend.

Symbotic shares jumped 17.7% to $31.48 on Thursday.

Here are some other big stocks recording gains in today's session.

Blaize Holdings, Inc. (NASDAQ:BZAI) shares jumped 25.4% to $8.15. The stock may be moving on continued strength after announcing a strategic partnership with AlwaysAI on Thursday.
SEALSQ Corp (NASDAQ:LAES) shares jumped 13.8% to $4.9499. SEALSQ announced common criteria EAL5+ certification for MS600X secure hardware platform.
Qorvo, Inc. (NASDAQ:QRVO) gained 13% to $83.18 following a WSJ report indicating activist investor Starboard Value has acquired a 7.7% stake in the company.
Sasol Limited (NYSE:SSL) rose 10.7% to $5.51
Coincheck Group N.V. (NASDAQ:CNCK) rose 9.3% to $9.77.
Telix Pharmaceuticals Limited (NASDAQ:TLX) surged 9% to $17.60.
Semler Scientific, Inc. (NASDAQ:SMLR) gained 8.8% to $63.38.
JD.com, Inc. (NASDAQ:JD) gained 8.7% to $38.52.
Intel Corporation (NASDAQ:INTC) rose 7.5% to $21.14. Barclays analyst Tom O’Malley maintained Intel with an Equal-Weight and lowered the price target from $25 to $23.
Bank OZK (NASDAQ:OZK) rose 6.5% to $48.29 following fourth-quarter earnings.
Coca-Cola Consolidated, Inc. (NASDAQ:COKE) gained 5.6% to $1,411.80.