Shares of business process outsourcing giant Genpact (NYSE: G) have tumbled 15% in the past month, reigniting a debate among analysts over whether the sell-off presents a buying opportunity or reflects deeper challenges in its legacy operations and IT services segments.
While surging electricity demand from AI data centers grabs headlines, GE Vernova's robust performance across natural gas, renewables, and grid services suggests a broader, more sustainable growth trajectory for the energy infrastructure leader.
Swiss banking giant UBS is developing a suite of digital asset services, including cryptocurrency trading for select wealthy clients and tokenized solutions for corporations, CEO Sergio Ermotti announced during the bank's earnings call.
Despite a punishing year that saw Fidelity National Information Services (FIS) shares plunge nearly 40%, analysts maintain a cautiously optimistic stance, pointing to new product launches and solid earnings execution as catalysts for a potential rebound.
IBM stock faces pressure after Anthropic's new Claude plugins encroach on core enterprise services. Despite the sell-off, analysts and prominent investors like Jim Cramer see long-term value, citing the company's AI strategy and financial forecasts.
A House Financial Services Committee hearing descended into a shouting match as Rep. Gregory Meeks pressed Treasury Secretary Scott Bessent on oversight of a financial institution tied to former President Trump's family business.
Cognizant Technology Solutions reported solid fourth-quarter results, highlighting growth in large deals and profitability. The IT services giant is pivoting its strategy to scale what it calls "agentic AI," aiming to close the gap between massive AI investments and tangible enterprise returns.
Aviation services giant AAR has significantly expanded its maintenance, repair, and overhaul (MRO) facility in Oklahoma City, adding over 80,000 square feet and creating 200 jobs. The move deepens a key partnership with Alaska Airlines and underscores the industry's shift towards digital, efficient operations.
Eagle FR, a subsidiary of Lakeland Industries, has won a multi-year agreement to supply its innovative Ultimate Glow+ structural firefighting gloves to seven County Fire and Rescue Services across the UK, marking a significant expansion in the competitive European safety equipment market.
Fox Corporation reported a 2% rise in revenue to $5.18 billion for its second fiscal quarter of 2026, propelled by resilient advertising pricing and distribution gains that offset a decline in political ad spending. While profits dipped due to higher sports rights costs, streaming services Tubi and Fox One showed significant audience growth.
A sharp selloff in software and professional services stocks rippled across global markets this week, fueled by investor fears that new AI agent capabilities from Anthropic could disrupt core business models. The downturn highlights growing market jitters over which traditional tech firms will survive the AI revolution.
While the biosimulation leader reports rising revenues and capital investment, its key profitability metric—Return on Capital Employed—has declined to 2.2%, significantly trailing the healthcare services sector. Analysts question whether current growth investments will translate into future shareholder value.
IT services giant Cognizant Technology Solutions has issued an upbeat revenue forecast for 2026, surpassing analyst expectations. The company credits the accelerating integration of artificial intelligence into core business operations for driving sustained demand for its consulting and implementation services.
The AI boom is proving to be a double-edged sword for the technology sector. While some giants soar, a sharp selloff in software and services stocks highlights the market's growing discrimination between potential beneficiaries and those facing disruption from new AI tools.
Shares of uniform rental and facility services provider UniFirst have rebounded nearly 5% in a month, yet remain down over the past year. This mixed performance has investors and analysts scrutinizing whether its current price around $203 fairly reflects its long-term contract-based business model or signals an overextended valuation.
The German boutique hotel chain has fully integrated Mews' hospitality operating system across its 12 properties, replacing traditional front desks with digital check-in, mobile keys, and self-service kiosks to boost operational efficiency and refocus staff on guest services.
The launch of Anthropic's specialized legal plugin for Claude has sent shockwaves through the legal tech and services sector, triggering significant stock declines for established players and reigniting debates about the future of legal work and traditional law firm economics.
A second day of heavy losses for software and analytics stocks worldwide underscores mounting investor fears over AI disruption, with companies in legal services and data analytics bearing the brunt of the selloff.
Lumen Technologies met Q4 revenue expectations but saw an 8.7% year-over-year sales decline to $3.04 billion, while non-GAAP earnings of $0.23 per share surpassed estimates. The company's strategic shift toward enterprise services and network modernization marks a critical transition phase.
Broadridge Financial Solutions beat Q4 revenue and profit estimates, driven by strength in governance services and early tokenization wins. However, rising costs and shifting revenue mix squeezed margins, casting a shadow over the otherwise robust results.
