On Friday, Shares of Transocean Ltd. (NYSE:RIG), lost -2.86% to $14.62, as U.S. oil futures posted their biggest weekly decline Friday since March amid concerns about a continued oversupply of crude oil and potential weaker demand from the eurozone and China.
Light, sweet crude for August delivery settled down 4 cents, or 0.1%, at $52.74 a barrel on the New York Mercantile Exchange. The contract lost 7.4% this week, the biggest one-week drop since March, according to WSJ.
Today, oil prices dropped as Iran and global powers appeared close to a historic deal that would loosen sanctions in exchange for curbs on Tehran’s nuclear program. CNN Reports.
Transocean Ltd., together with its auxiliaries, provides offshore contract drilling services for oil and gas wells worldwide. The company primarily offers deepwater and harsh environment drilling services. As of February 17, 2015, it owned or had partial ownership interests in, and operated 71 mobile offshore drilling units that comprise of 44 high-specification floaters, 17 midwater floaters, and 10 high-specification jackups.
Shares of NVIDIA Corporation (NASDAQ:NVDA), inclined 1.75% to $19.75, during its last trading session.
NVIDIA Corporation, declared updates to its GPU-accelerated deep learning software that will double deep learning training performance.
The new software will empower data scientists and researchers to supercharge their deep learning projects and product development work by creating more accurate neural networks through faster model training and more sophisticated model design.
The NVIDIA®DIGITS™ Deep Learning GPU Training System version 2 (DIGITS 2) and NVIDIA CUDA®Deep Neural Network library version 3 (cuDNN 3) provide noteworthy performance enhancements and new capabilities.
For data scientists, DIGITS 2 now delivers automatic scaling of neural network training across multiple high-performance GPUs. This can double the speed of deep neural network training for image classification contrast to a single GPU.
The new cuDNN 3 library is predictable to be integrated into forthcoming versions of the deep learning frameworks Caffe, Minerva, Theano and Torch, which are widely used to train deep neural networks.
NVIDIA Corporation operates as a visual computing company in the United States, Taiwan, China, the rest of Asia Pacific, Europe, and other Americas. The company operates through two segments, GPU and Tegra Processors.
Finally, TripAdvisor Inc. (NASDAQ:TRIP), ended its last trade with 2.89% gain, and closed at $88.44.
TripAdvisor, declared that it will release its second quarter 2015 financial results after market close on Thursday, July 23, 2015. On that day, the company will hold a conference call and live webcast at 4:30 p.m. ET to review and talk about the company’s business highlights and results for the second quarter ended June 30, 2015.
TripAdvisor, Inc. operates as an online travel company. The company operates through two segments, Hotel and Other. Its travel research platform aggregates reviews and opinions about accommodations, destinations, activities and attractions, and restaurants that enable consumers to plan and book hotels, vacation rentals, flights, activities and attractions, and restaurants.
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