Latest news with #engineering
Yahoo
13 hours ago
- Business
- Yahoo
Jacobs Solutions Stock: Is J Underperforming the Industrial Sector?
Jacobs Solutions Inc. (J), headquartered in Dallas, Texas, is a leading technical professional services provider. With a market cap of $15.3 billion, the company offers engineering and construction services, as well as scientific and specialty consulting for a broad range of clients including companies, organizations, and government agencies. Companies worth $10 billion or more are generally described as 'large-cap stocks,' and Jacobs Solutions perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the engineering & construction industry. Jacobs Solutions' market leadership stems from its comprehensive service offerings, robust brand, and diversified sector expertise, spanning water, transportation, healthcare, technology, and chemicals. 2 Outstanding Stocks Under $50 to Buy and Hold Now 3 ETFs with Dividend Yields of 12% or Higher for Your Income Portfolio Nvidia's Bringing Sovereign AI to Germany. Should You Buy NVDA Stock Here? Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! Despite its notable strength, J shares slipped 15.4% from their 52-week high of $150.54, achieved on Nov. 13, 2024. Over the past three months, J stock has gained 4%, underperforming the Industrial Select Sector SPDR Fund's (XLI) 7.8% gains during the same time frame. In the longer term, shares of J dipped 4.7% on a YTD basis but climbed 8.4% over the past 52 weeks, underperforming XLI's YTD gains of 7.9% and 15.5% returns over the last year. To confirm the bearish trend, J has been trading below its 200-day moving average since late February. However, the stock is trading above its 50-day moving average since late April, with slight fluctuations. J's underperformance is due to a mark-to-market loss on their investment in Amentum, resulting in lower earnings. On May 6, J shares closed down more than 6% after reporting its Q2 results. Its adjusted EPS of $1.43 topped Wall Street expectations of $1.41. The company's adjusted revenue stood at $2.1 billion, up 3.1% year over year. J expects full-year adjusted EPS in the range of $5.85 to $6.20. In the competitive arena of engineering & construction, TopBuild Corp. (BLD) has taken the lead over J, showing resilience with 4.3% loss on a YTD basis. However, BLD shares lagged behind the stock with a 27.6% downtick over the past 52 weeks. Wall Street analysts are moderately bullish on J's prospects. The stock has a consensus 'Moderate Buy' rating from the 15 analysts covering it, and the mean price target of $144.04 suggests a potential upside of 13.1% from current price levels. On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
BBC News
a day ago
- Business
- BBC News
Major £4m electricity engineering works begin in east Lancashire
Major £4m engineering works have begun to upgrade part of east Lancashire's electricity North West said 6km (about 3.7 miles) of underground cables in Burnley and Nelson would be replaced, along with technology at one is under way on Eastern Avenue and will go towards Casterton Avenue and Colne Road, Burnley, in the coming weeks, with the entire project set to last 12 months."The work will provide a safe and reliable supply of electricity whilst also allowing for the adoption of low carbon technologies," said Vincent Cranny, from Electricity North West. "We always want to provide the best possible service for our customers and the proactive work taking place will ensure thousands of homes and businesses continue to benefit."It is believed 39,000 homes and businesses across Burnley and Nelson are expected to benefit from the new infrastructure. Listen to the best of BBC Radio Lancashire on Sounds and follow BBC Lancashire on Facebook, X and Instagram. You can also send story ideas via Whatsapp to 0808 100 2230.
Digital Trends
2 days ago
- Science
- Digital Trends
SpaceX suggests potential cause of huge Starship explosion
SpaceX has offered an update on the massive explosion which destroyed the Starship spacecraft on a test stand on Wednesday. The dramatic explosion took place at SpaceX's Starbase facility near Boca Chica, Texas, during preparations for the Starship rocket's 10th test flight, which was expected to take place in the coming weeks. No one was reported killed or injured in the incident. To be clear, the Starship vehicle comprises the upper-stage Starship spacecraft and the first-stage Super Heavy booster, and it was the upper-stage spacecraft that blew up. In a statement shared on Thursday, SpaceX shared some more details about what happened. 'After completing a single-engine static fire earlier this week, the vehicle was in the process of loading cryogenic propellant for a six-engine static fire when a sudden energetic event resulted in the complete loss of Starship and damage to the immediate area surrounding the stand,' it said. 'The explosion ignited several fires at the test site which remains clear of personnel and will be assessed once it has been determined to be safe to approach.' The spaceflight company said that as for all of its rocket testing, a safety zone had been established around the test site and had been maintained throughout the operation, adding that there had been no reported injuries and all personnel had been accounted for. SpaceX confirmed that engineering teams are now actively investigating the incident and will follow established procedures to determine exactly what happened. It said that its initial analysis 'indicates the potential failure of a pressurized tank known as a COPV, or composite overwrapped pressure vessel, containing gaseous nitrogen in Starship's nosecone area,' but stressed that the full data review is ongoing. It added that there's no risk to its workhorse Falcon 9 rocket as it has a different design. While the explosion is clearly a setback for the Elon Musk-led company, its long-term impact remains to be seen. It's worth noting that SpaceX's development strategy embraces rapid iterative testing, a method that accepts failure as part of the process. The company has always said that such setbacks are expected during the development of complex new rockets and that it's committed to learning from each incident. The overall timeline for Starship's operational missions, including voyages to the moon and even Mars, may be affected, but the company is unlikely to abandon its ambitious goals.
Associated Press
3 days ago
- Business
- Associated Press
Startups Can't Wait: Synviz Solutions Delivers Elite Tech Talent in Just 7 to 14 Days
Synviz's custom-built engineering teams ship features from day one for fast-moving startups. NEW YORK CITY, NY / ACCESS Newswire / June 19, 2025 / In the race to build, launch, and scale, startups and fast-growing product companies can't afford drawn-out hiring cycles or mismatched skill sets. They need world-class developers who can deliver - now. Synviz Solutions, a leading global technology partner, delivers high-performing, pre-vetted developers, engineers, and solution architects trained in the latest stacks and industry compliance. Synviz's talent is ready to join sprint cycles and ship features from day one, giving fast-moving startups the competitive edge they need to race - and win. Whether it's a React developer to accelerate velocity or a Quality Assurance engineer to ensure reliability, Synviz's talent launches impact-ready contributors to create tech teams for agencies, startups and more. 'The speed and quality were unmatched,' said Zoran Ploscar, CEO of Trillium Facility Management (USA). 'We got 3 senior engineers in 10 days, and they were delivering on sprint 1.' Whether a startup is building in healthtech, logistics, retail SaaS, or marketing AI, Synviz offers plug-and-play teams that blend seamlessly into its workflows - without the overhead of traditional hiring. Especially for niche, specialized hires like prompt engineers or automation specialists, Synviz is faster and more cost-effective than traditional hiring. Key Benefits for Startups & Product Teams: 'Synviz didn't just provide developers - they provided problem solvers who understood our product vision from day one,' said Dusty Ross, CEO of Victory Lawnscape (USA). Industries Synviz Solutions Has Helped: Core Success Stories: Lack of momentum and product development isn't just frustrating - for startups, it's the kiss of death. Synviz Solutions provides elite tech talent, pre-vetted and ready to go - in two weeks or less, ensuring startups can tackle the toughest tech challenges without delaying their roadmap. To learn more, visit or book a free appointment. About Synviz Solutions Synviz Solutions is a global technology partner delivering custom-built IT solutions that empower businesses to innovate and scale. Specializing in intelligent automation, software development, and data-driven solutions, Synviz combines deep technical expertise with a client-first approach. From UI/UX design to complex system integrations, Synviz creates transformative tools that solve real business challenges - like the game-changing GHL AI Assistant. Contact InformationZain Ul Abidin Khan CEO (+1) 313-479-1173 SOURCE: Synviz Solutions press release
Zawya
3 days ago
- Business
- Zawya
AtkinsRéalis expands award-winning School of the Future initiative across UAE schools
Dubai, United Arab Emirates: AtkinsRéalis (TSX: ATRL), a world-class design, engineering services and nuclear company, has expanded its School of the Future initiative for the second consecutive year in the UAE. The initiative, which introduces students to sustainability, engineering, and technology through experiential learning, brought together participants from four leading schools for the 2025 finals held at Dubai English Speaking College (DESS) on 14 May. Originally launched in the UK, the School of the Future engages students aged 14 to 16 in designing sustainable school campuses. This year's UAE edition welcomed teams from Repton School, Jumeirah College, JESS Dubai, and Dubai English Speaking College (DESS). The initiative challenges students to think critically about environmental, social, and technological aspects of sustainability while encouraging them to create forward-thinking campus concepts built for the future. 'As this initiative continues to grow year on year, we are proud to see the strong interest and engagement from both students and educators alike in the UAE,' said Campbell Gray, CEO, Middle East, AtkinsRéalis. 'By expanding the programme across more schools in the region, we hope to continue strengthening the link between industry and education by helping young people become future-ready leaders in sustainability and innovation.' Throughout this project, students were mentored by AtkinsRéalis STEM Ambassadors and guided through a multi-dimensional learning journey. Teams developed sustainable, data-driven design proposals by leveraging AI and prioritised renewable energy, smart infrastructure, and water conservation, while also considering the social impact of their schools on surrounding communities. The event concluded with a showcase held at DESS, where student teams presented their ideas to a panel of judges from different backgrounds. Presentations were evaluated based on innovation, collaboration, and the practical application of sustainable principles. "Partnering with Atkins Realis for the School of the Future Competition has been a powerful opportunity to bring industry and education together,' said Laura Reidy, Head of Information, Advice and Guidance, Dubai English Speaking School (DESS). 'Our students were inspired by the challenge to think big, design boldly, and reimagine what learning could look like for future generations. We're proud to be part of a collaboration that champions innovation, sustainability, and student voices." With growing interest across the region, AtkinsRéalis plans to continue expanding the initiative to reach more schools and students in the Middle East. The initiative aligns with the company's long-term sustainability strategy and contributes directly to the United Nations Sustainable Development Goals, particularly those focused on education and sustainable communities. About AtkinsRéalis Created by the integration of long-standing organizations dating back to 1911, AtkinsRéalis is a world-class engineering services and nuclear company dedicated to engineering a better future for our planet and its people. We create sustainable solutions that connect people, data and technology to transform the world's infrastructure and energy systems. We deploy global capabilities locally to our clients and deliver unique end-to-end services across the whole life cycle of an asset including consulting, advisory & environmental services, intelligent networks & cybersecurity, design & engineering, procurement, project & construction management, operations & maintenance, decommissioning and capital. The breadth and depth of our capabilities are delivered to clients in strategic sectors such as Engineering Services, Nuclear and Capital.
