Electrical Sector

Business

AI Anxiety Triggers Software Sell-Off: nCino, Dynatrace, and SaaS Peers Slide as Investors Rethink Portfolios

A wave of selling pressure hit the software sector Wednesday morning, dragging down shares of companies like nCino, Dynatrace, and Sprout Social. The decline reflects mounting investor concerns over artificial intelligence's disruptive impact, prompting a shift away from traditional software providers toward firms with clearer AI-integration strategies.

Feb 3, 2026

Business

Gartner's Weak Quarter Sparks Sell-Off: IT Services Stocks Tumble as AI Uncertainty Looms

Shares of major IT services and consulting firms, including Accenture, IBM, and Equifax, fell sharply Thursday after a disappointing earnings report from industry bellwether Gartner reignited fears of a sector-wide slowdown and structural challenges posed by AI.

Feb 3, 2026

Business

Gartner's Weak Quarter Sparks IT Services Selloff, Dragging Down EXL and TransUnion

Disappointing Q4 results from industry bellwether Gartner triggered a broad market selloff in the IT services and consulting sector, with shares of EXL and TransUnion among the notable decliners as investors reassess growth prospects.

Feb 3, 2026

Business

Guidewire Software Shares Tumble Amid Broad Tech Sell-Off Fueled by AI Disruption Fears

Shares of insurance software provider Guidewire Software plunged nearly 10% in morning trading, caught in a sector-wide downturn as investors reassess traditional SaaS models against the rising tide of AI integration.

Feb 3, 2026

Business

IPO Pipeline Heats Up: OpenAI Accelerates Listing Plans as York Space, Ethos Debut

The race for public capital intensifies in the tech and space sectors. OpenAI reportedly fast-tracks its IPO to Q4 amid fierce competition with Anthropic, while York Space Systems and Ethos successfully launch their first trading days, signaling a robust start for new listings.

Feb 3, 2026

Business

Cramer Shifts Gears on Flowserve, Now Favors Dover for Industrial Exposure

CNBC's Jim Cramer, while reaffirming his past success with Flowserve, suggested investors might find better opportunities elsewhere in the industrial sector, specifically naming Dover Corporation.

Feb 3, 2026

Business

SBTi Unveils Revised Auto Industry Net-Zero Blueprint, Offering Manufacturers Flexible Pathways

The Science Based Targets initiative (SBTi) has released a new draft of its sector-specific net-zero standard for automakers, introducing key clarifications and providing companies with a choice in how they set emissions reduction targets based on vehicle sales or product use.

Feb 3, 2026

Business

Jim Cramer Expresses Skepticism on Gambling Stocks, Singles Out Las Vegas Sands' Slide

CNBC's Jim Cramer voiced renewed caution on the casino sector, pointing to Las Vegas Sands' sharp single-day decline as a sign of broader headwinds facing gambling-related investments.

Feb 3, 2026

Business

Cramer Sees Green Lights for C.H. Robinson, Cites Freight Market Rebound

CNBC's Jim Cramer has turned bullish on logistics giant C.H. Robinson, pointing to recent positive signals in the freight sector as a key catalyst for the stock's potential.

Feb 3, 2026

Business

Jim Cramer Highlights Texas Instruments as a Stock to Watch Amid Semiconductor Rally

CNBC's Jim Cramer pointed to Texas Instruments as a notable standout following its latest earnings, praising its guidance while the broader chip sector sees significant momentum.

Feb 3, 2026

Business

Trane Technologies Soars on Strong Earnings, Drawing Jim Cramer's Praise

Shares of Trane Technologies surged following a robust quarterly report, with CNBC's Jim Cramer highlighting the HVAC giant's performance as a sign of strength in the industrial sector amid broader market volatility.

Feb 3, 2026

Business

Vineyards in Peril: Argentina's Storied Wine Industry Confronts Its Most Severe Downturn in 20 Years

Argentina's famed wine sector is grappling with a profound crisis, marked by plummeting domestic sales, declining exports, and financial distress among historic wineries, as shifting global habits and economic pressures converge.

Feb 3, 2026

Business

Southern Company Stock: Analysts Remain Cautious as Utility Giant Lags Market Rally

Despite a solid Q3 earnings beat, The Southern Company's stock continues to trail both the broader market and its utility sector peers, with Wall Street analysts largely maintaining a 'Hold' stance amid mixed performance signals.

Feb 3, 2026

Business

Fortinet Downgraded by Scotiabank as Analysts Temper Long-Term Growth Expectations

Scotiabank has revised its rating on cybersecurity leader Fortinet (FTNT) from 'Sector Outperform' to 'Sector Perform', citing concerns that market optimism for 2026 may be premature. The firm maintains an $85 price target while acknowledging the company's core strengths.

Feb 3, 2026

Business

Cimpress Shares Surge to 52-Week High Amid Strong Technical Momentum

Cimpress (CMPR) stock reached a new 52-week peak, buoyed by robust technical indicators and a perfect 'Buy' rating from Barchart. While analyst targets vary widely, the company's momentum and valuation in the printing and design sector are drawing investor attention.

Feb 3, 2026

Business

Corporate Giants Fuel Next Wave of Coworking Growth as Hybrid Work Solidifies

Major corporations, from Pfizer to Amazon, are increasingly turning to flexible workspace providers to establish satellite offices, driving significant expansion in the sector despite a broader office market recalibration.

Feb 3, 2026

Business

Macau's Gaming Rebound Puts Wynn Macau's Valuation in Focus

A stronger-than-expected January for Macau's casino sector has lifted shares in Wynn Macau, but analysts are divided on whether the stock's current price fully reflects its growth prospects or still holds value.

Feb 3, 2026

Business

Mark Cuban Takes Aim at Insurance Giants, Urges Investors and Berkshire Hathaway to Rethink Stakes

Billionaire investor Mark Cuban has launched a fresh critique against major insurance companies, accusing them of shifting financial risks onto healthcare providers and patients. In a pointed social media post, he called for a reassessment of investments in the sector, directly addressing Warren Buffett's Berkshire Hathaway.

Feb 3, 2026

Business

Tyler Technologies Bolsters Legal Tech Portfolio with $212.5M Acquisition of For The Record

Tyler Technologies moves to acquire digital court-recording specialist For The Record in a cash deal valued at $212.5 million, aiming to integrate advanced AI-powered transcription and SaaS solutions into its public sector suite.

Feb 3, 2026

Business

Ark Invest Doubles Down: Cathie Wood Scoops Up $24.8M in Crypto Stocks Amid Market Rout

Defying a steep sell-off in digital assets, Cathie Wood's Ark Invest deployed nearly $25 million into crypto-linked equities this week, signaling a bold contrarian bet on the sector's long-term future.

Feb 3, 2026