SCI
NYSE · Diversified Consumer Services
Service Corp International
$77.07
-0.77 (-0.99%)
SCI News30 articles
SCI Shares Dip Despite Dividend Hike and $600M Buyback Authorization
SCI shares dropped 3.9% to $73.96 on June 15 as the company raised its quarterly dividend by 6% to $0.36 per share and expanded its buyback authorization to $600 million, while keeping 2026 guidance unchanged.
Katalyst's LINK Servicer Reenters After 85 Days, Swift Rescue Falls Short
Katalyst's LINK servicer reentered Sept 25 after 85 days, failing to capture NASA's Swift telescope due to a power fault that disabled two reaction wheels.
EA's Madden NFL 27 Patch Aims to Shore Up Live Services After Buyout
EA's latest Madden NFL 27 patch targets transaction and progression glitches as the company navigates post-buyout debt and live-service revenue pressures.
Apple's Valuation Hinges on Services Profit Engine
Apple's stock trades at 38.6 times earnings, with services contributing 42.4% of gross profit. Analysts see limited upside, next earnings due Oct 29.
Amazon's Zoox Launches Paid Robotaxi Service in Las Vegas
Amazon's Zoox has started charging for driverless rides in Las Vegas, launching its purpose-built robotaxi service commercially. The company holds a temporary NHTSA exemption and plans to scale operations.
Boeing 787-9 Back in Service as United Jet Returns to Skies
A United Airlines 787-9 that faced early maintenance issues is back in service, with no fleet-wide grounding. Boeing and United shares show no market shock.
Datasea Stock Surges 115% on AI Service Launch, Revenue Claims Questioned
Datasea Intelligent Technology shares soared 115% after five clients started receiving AI-agent marketing services. The company's $89.4 million figure is an annualized ceiling, not actual revenue.
CNN's $6.99 Streaming Service on Prime Video: The Conversion Challenge
CNN's premium streaming service is now bundled with Amazon's free news clips, but the real test is whether it can turn viewers into paying subscribers.
UK Considers In-House Civil Service Pensions as Capita Misses Fix Deadline
The UK government is preparing to bring civil service pensions in-house after Capita failed to fix service by June, threatening its £239m contract.
ServiceNow Price Target Raised to $155 by Needham Amid AI Growth
Needham lifts ServiceNow's price target to $155, implying 17% upside. The focus shifts to cRPO growth and margins as AI ACV tops $1 billion.
Apple's Beats Gaming Controller: A Strategic Services Play, Not Yet a Stock Catalyst
Apple is reportedly developing a Beats-branded gaming controller for iPhone, a move that could boost its services ecosystem. Analysts see limited near-term impact on AAPL stock.
Apple TV's 'Last Seen' Debut: A Strategic Retention Play for Services Growth
Apple TV+ releases 'Last Seen' with a four-week rollout to boost subscriber retention. The series supports Apple's high-margin Services segment, which generated $30.7B in Q3 revenue.
ServiceTitan Stock Plunges 20% on Weak Guidance and CRO Departure
ServiceTitan (TTAN) shares dropped ~20% in extended trading after Q2 beat but weak Q3 guidance and CRO departure. Revenue growth slowed to 21%, GTV growth to 17%.
Gates' Cascade Adds $119M in Republic Services, Stake Now ~37.6%
Cascade Investment, Bill Gates' firm, acquired 534,000 Republic Services shares for $119.1M, boosting its stake to ~37.6%. The purchase price aligned with Friday's close.
Verizon Shares Edge Up Despite Fresh Service Disruption Reports
Verizon shares gained 0.9% on Thursday despite fresh outage reports, as investors focus on the company's recovery in subscriber additions.
Wayve Launches Paid Robotaxi Service in London with 15 Cars
Wayve kicked off paid autonomous rides in London with just 15 vehicles, testing its $8.6B valuation. The limited fleet faces a huge demand gap with 100,000 interested customers.
Vodafone Launches TV Service to Counter Mobile Subscriber Decline
Vodafone (VOD) unveiled a new TV bundle to combat a 73,000 drop in mobile contracts, while shares rose 2.2%. The service launches in October with 200+ channels and streaming apps.
Nauticus Robotics Soars 27% as Both Comanche ROVs Enter Commercial Service
Nauticus Robotics (KITT) surged 27% after announcing both Comanche ROVs are now in commercial service. The rally lifts market value to $7.55M, yet cash reserves may only last 25 days.
ServiceNow Rallies 4.5% on AI Contract Milestone, Yet Valuation Stays Steep
ServiceNow (NOW) rose 4.5% after AI contract value topped $1 billion. Q2 subscription revenue grew 24.5%, but the stock's 89x earnings multiple remains a concern.
ServiceNow Jumps 9% as Salesforce AI Results Boost Software Sector
ServiceNow shares soared 9% after Salesforce's AI-driven results boosted software sector optimism, adding $11.7B to its market value.
Visa Stock Nears Record as Services Revenue Jumps 33%
Visa shares climbed for a fourth session, closing within 0.78% of record highs, driven by a 33% jump in value-added services revenue.
Plug Power Stock Climbs 6% as Service Contract Benefit Boosts Margins
Plug Power shares gained 6% this week as a $15.7 million service-contract benefit helped narrow its gross margin to near breakeven, though revenue growth targets remain a challenge.
Postal Service Loss Narrows as Shipping Fees Boost Revenue, Aiding UPS and FedEx
USPS narrowed its quarterly loss to $2.5B, helped by an 8% parcel surcharge that lifted revenue per piece. The move bolsters pricing for UPS and FedEx, with markets eyeing CPI data.
Appeals Court Upholds $23B Student Loan Relief; Servicers Face Limited Risk
A federal appeals court kept the $23 billion student-loan relief settlement on track, expanding borrower coverage. Servicers Maximus and Nelnet face limited direct financial exposure.
Apple's Services Miss Clouds Strong Hardware Quarter
Apple's stock dropped 7.35% after Services revenue fell short, overshadowing strong iPhone and Mac sales. Tariff refunds made up most of the earnings beat.
ServiceNow Stock Jumps 6.9% on Q2 Beat, but Tepid Q3 Outlook Caps Rally
ServiceNow shares surged 6.9% on a $57M Q2 subscription revenue beat, but Q3 guidance fell short, limiting the rally. AI revenue surpassed $1B ACV.
Universal Health Services Slumps on Profit Warning; Buybacks Lift EPS
Universal Health Services shares dropped 5% in after-hours trading after the hospital operator lowered its 2026 profit outlook, citing Medicaid reimbursement uncertainty. Q2 EPS beat estimates but growth was mostly from share repurchases.
ServiceNow Shares Slide 3.7% on Weaker H2 Forecast
ServiceNow shares dropped 3.7% after its 2026 forecast suggested softer H2 performance, with subscription revenue $44.5 million below earlier projections.
ServiceNow Stock Slips on Q2 Backlog Concerns Despite Revenue Growth
ServiceNow shares declined 4.9% after Q2 backlog data disappointed, despite a revenue uptick. Investors await earnings, with focus on organic growth and AI impact.
ServiceNow Faces cRPO Growth Hurdle Ahead of Q2 Earnings Release
ServiceNow needs to exceed 20.5% cRPO growth to satisfy investor expectations ahead of its Q2 earnings report, with the stock closing at $102.06.