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.
Cloud communications firm 8x8 (EGHT) posted stronger-than-expected Q4 results, driven by a surge in usage-based services and AI product momentum. The company also provided optimistic guidance, signaling confidence in its post-Fuze migration strategy.
SAP has been selected to lead the digital transformation of the UK's tax authority, HMRC, in a major deal that underscores the company's growing influence in sovereign cloud services and AI-driven public sector modernization.
AT&T's recent acquisition of Lumen's fiber assets and a new partnership in senior safety wearables signal a strategic pivot, aiming to transform its network into a platform for home broadband and connected health services.
T. Rowe Price Group announces a multi-year succession plan for its investment management arm, with Steven Krichbaum set to succeed Steph Jackson, alongside the launch of a new actively managed ETF targeting innovative companies. The moves highlight the firm's dual focus on leadership continuity and capturing growth in thematic investing.
The United States has transferred the final $200 million to Caracas, completing the return of all proceeds from an initial oil sale authorized after President Maduro's capture. U.S. officials state the funds are for humanitarian and stabilization purposes, with future sales to be managed under a more structured U.S.-based fund.
As Genpact prepares to release its quarterly results, investors are watching to see if the company can extend its consistent track record of exceeding revenue forecasts amidst a mixed landscape for professional services firms.
