Weekly Recap: Chart deal, lifted 2026 outlook and energy investment
Baker Hughes Company Class A (NASDAQ:BKR) closed its $13.6B Chart deal after EU approval and raised 2026 guidance to $28.5—30.3B revenue and $4.88—5.48B adj. EBITDA, though management warned Q4 profit timing and near—term margin pressure amid robust LNG, gas and AI—driven power demand and a ~$37B b…