Core Insights - Jabil Inc. and Sanmina Corporation are leading players in the electronics manufacturing services (EMS) industry, with Jabil being a prominent provider of EMS solutions globally [1][2] - The EMS industry is expected to grow significantly due to digital transformation, AI investments, and IoT adoption [3] Jabil Insights - Jabil has a diverse product portfolio and strong presence in various sectors, including AI data center infrastructure, automotive, and renewable energy [4] - The AI data center market is projected to grow from $13.62 billion in 2025 to $60.49 billion in 2030, with a compound annual growth rate of 28.3% [5] - Recent acquisitions, such as Hanley Energy Group and Mikros Technologies, have enhanced Jabil's capabilities in data center power management and thermal management [6] - Jabil operates a robust supply chain network across 100 locations in 30 countries, which enhances its reliability and scalability [7] - Jabil faces competition from companies like Celestica and Flex, but its strategic initiatives position it well for competitive advantage [7] Sanmina Insights - Sanmina emphasizes innovation and product diversification, working closely with customers to adapt to future manufacturing needs [8] - The company has developed a connected manufacturing process that improves decision-making by providing real-time data from global factories [10] - Sanmina has faced supply chain disruptions due to geopolitical issues but is working to strengthen its supply chain and is launching a new facility in Houston, TX [11] - The company is gaining traction in cloud and AI infrastructure markets, although competition from other EMS players remains a concern [12] Financial Performance - Sanmina's 2025 sales and EPS estimates imply year-over-year growth of 72.2% and 59.6%, respectively, with stable EPS estimates over the past 60 days [13] - Jabil's 2025 sales and EPS estimates indicate year-over-year growth of 8.8% and 18.46%, with a 4.52% upward trend in EPS estimates over the past 60 days [15] - Over the past year, Sanmina's stock has increased by 92.2%, while Jabil's has risen by 47.3% [16] - From a valuation perspective, Sanmina's shares trade at a forward P/E ratio of 15.11, compared to Jabil's 18.49 [17] Investment Outlook - Both companies are expected to benefit from net sales growth driven by AI proliferation, but Sanmina faces ongoing supply chain challenges [19] - Jabil's strategic acquisitions and product innovations position it favorably in the AI hardware supply chain, making it a more attractive investment option with a Zacks Rank 2 (Buy) [19][18]

Core Insights - Petrobras has approved the final investment decision for the Sergipe Deepwater Project Module 2 (SEAP II), which is crucial for expanding Brazil's domestic energy production and enhancing energy security [1][14] Overview of the SEAP II Project - The SEAP II project targets high-quality light oil reserves in the Sergipe-Alagoas Basin, specifically in the Budião, Budião Northwest, and Budião Southeast fields, located approximately 80 kilometers from the coast [2] - Petrobras operates the BM-SEAL-4 concession with a 75% stake, in partnership with ONGC Campos Limitada, which holds 25%, and has 100% control over the BM-SEAL-4A and BM-SEAL-10 concessions [2] Oil Quality and Production Capacity - The oil in these fields has an API gravity ranging from 38 to 41 degrees, classifying it as light crude oil, which is desirable due to its low density and ease of refining [3] - The FPSO unit for the SEAP II project will have a production capacity of 120,000 barrels of oil per day and a gas processing capacity of 12 million cubic meters per day [4] Project Timeline and Business Plan - Negotiations for the FPSO contract are expected to conclude in the first half of 2026, with first oil production anticipated in 2030, aligning with Petrobras' 2026-2030 Business Plan [5] Strategic Importance - The SEAP II project is strategically significant for Brazil's energy landscape, particularly for the Northeast region, as it opens new production frontiers and enhances domestic gas reserves [6] - The project is expected to generate economic benefits, including job creation and infrastructure development in Sergipe and Alagoas [7] Technological Innovation - The SEAP II project aims to push technological boundaries with operations planned at depths exceeding 2,500 meters, reaching up to 3,000 meters, which presents engineering challenges and opportunities for innovation [9] - Petrobras plans to integrate advanced drilling techniques, subsea production systems, and efficient gas processing technologies into the project [10] Previous Projects - The SEAP I project has established a proven track record in the region, covering fields such as Agulhinha and Palombeta, and has laid the groundwork for SEAP II [11][12] Gas Production Capacity - SEAP II has the potential to produce up to 18 million cubic meters of gas per day, contributing to Brazil's domestic gas supply and diversifying the energy matrix [13]

Company Overview - Schlumberger Limited (NYSE:SLB) is a leading provider of technology and services to the global energy industry, offering products and services in drilling, production, and reservoir management [1] Stock Performance - On October 8, 2025, a price target of $47.60 was set for SLB by Guillaume Delaby from Bernstein, indicating a potential upside of approximately 39.51% from the trading price of $34.12 [2][6] - The stock recently closed at $34.11, reflecting a 2.79% drop from the previous session, contrasting with the broader market where the S&P 500 gained 0.06%, the Dow increased by 0.17%, and the Nasdaq rose by 0.39% [2][3][6] - Over the past month, SLB's shares have increased by 0.26%, which is below the Oils-Energy sector's gain of 0.54% and significantly lags behind the S&P 500's 3.94% rise [3] Earnings Expectations - Investors are anticipating Schlumberger's earnings report on October 17, 2025, with expectations of an EPS of $0.68, representing a 23.6% decrease from the same quarter last year [4] - Revenue is forecasted at $8.95 billion, indicating a 2.25% decline compared to the previous year's corresponding quarter [4] - For the full year, Zacks Consensus Estimates project earnings of $2.88 [5] Current Stock Metrics - As of the latest trading, SLB's stock price is $34.14, reflecting a decrease of 0.80% or $0.28, with a market capitalization of approximately $50.99 billion [5]