The high-octane artificial intelligence rally that defined the previous two years hit a significant roadblock in February 2026, as investors abruptly pivoted away from expensive growth stocks toward the stability of "old economy" sectors. While the tech-heavy Nasdaq reeled from a valuation reset, the Utilities Select Sector SPDR Fund (NYSE:
As of February 27, 2026, the global technology sector is grappling with a profound identity crisis often dubbed the "SaaS-pocalypse." While many software-as-a-service providers have seen their valuations crater under the threat of autonomous AI agents, consulting titan Accenture (NYSE:ACN) has managed to chart a different course. Following a
The final week of February 2026 has sent a tremor through the technology sector, as a sudden wave of volatility wiped billions in market capitalization from premier software-as-a-service (SaaS) companies. Investors, once enamored by the steady growth and high margins of cloud monitoring and cybersecurity, are now grappling with a
In a session that sent shockwaves through the financial world, International Business Machines Corp. (NYSE: IBM) saw its stock price plummet by 13.2% on February 23, 2026. The collapse wiped out more than $31 billion in market capitalization in a single day, marking the steepest one-day decline for the
As of today, February 27, 2026, Accenture (NYSE: ACN) has reclaimed its position as the bellwether of the professional services sector. Following a tumultuous year characterized by fears of AI-driven margin erosion, the company’s shares surged 8% in the last 48 hours. This breakout follows two landmark announcements: a multi-year strategic AI collaboration with Paris-based [...]
The fiscal year 2025 earnings report for IonQ (NYSE: IONQ) has sent shockwaves through the technology sector. By reporting over $100 million in annual revenue, IonQ has become the first pure-play quantum computing company to cross this critical threshold of commercial maturity. Combined with a massive $1.8 billion acquisition of SkyWater Technology (NASDAQ: SKYT) and [...]
Looking back on it services & consulting stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including IBM (NYSE:IBM) and its peers.
In a bold move that signals a potential bottom for one of the tech sector's most volatile titans, Oppenheimer has upgraded Oracle (NYSE: ORCL) to an "Outperform" rating, setting a price target of $185. The upgrade comes at a critical juncture on February 25, 2026, as the enterprise software giant
The U.S. labor market has sent a complex signal to Wall Street this February, as fresh Department of Labor data reveals a "low-hire, low-fire" economy that is complicating the Federal Reserve’s path toward further interest rate cuts. Initial unemployment claims for the week ending February 14, 2026, fell
International Business Machines (NYSE: IBM) has solidified its position as the primary engine of the Dow Jones Industrial Average (NYSE: $DIA) following a blockbuster fourth-quarter earnings report that shattered Wall Street expectations. The technology giant reported a 12% year-over-year revenue increase to $19.7 billion, driven by an aggressive adoption
The San Francisco-based AI startup announced 10 new capabilities for enterprise customers to use its technology across functions such as coding, cybersecurity, human resources, and investment banking, among others.
SANTA CLARA, CA — As the closing bell rings on Wall Street this Wednesday, February 25, 2026, all eyes are fixed on Snowflake (NYSE: SNOW), the bellwether of the "Data Cloud" economy. The company is set to release its fourth-quarter and full-year fiscal 2026 results in what many analysts are calling
