Today: 9 June 2026
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NYSE:DXC 15 January 2026 - 8 May 2026

DXC Technology Stock Plunges After Earnings as 2027 Outlook Clouds AI Turnaround

DXC Technology Stock Plunges After Earnings as 2027 Outlook Clouds AI Turnaround

DXC Technology shares fell 23% to $9.20 after forecasting another year of organic revenue declines and reporting a GAAP loss of 84 cents per share for the fiscal fourth quarter. Revenue dropped 1.2% to $3.13 billion, with organic revenue down 6.6%. Bookings fell 14% from a year earlier. Management cited weak demand for short-term project work, especially in Global Infrastructure Services.
DXC stock drops nearly 5% as tech sentiment turns; London AI hub and Amazon Quick rollout in focus

DXC stock drops nearly 5% as tech sentiment turns; London AI hub and Amazon Quick rollout in focus

DXC Technology shares fell 4.5% to $13.94 Wednesday, reversing early gains as IT services stocks retreated. The drop followed mixed sector moves and a UBS downgrade of U.S. IT stocks. DXC reported a 1% revenue decline and 17% drop in bookings last quarter. The company also opened a London AI center and announced a major Dutch rail contract this week.
XRP price dips below $1.90 as Fed decision looms and Ripple-DXC deal hits tape

XRP price dips below $1.90 as Fed decision looms and Ripple-DXC deal hits tape

XRP fell 0.5% to $1.89 Monday as traders awaited the Federal Reserve’s rate decision set for Jan. 28. DXC Technology and Ripple announced a partnership to integrate digital-asset custody and payments into DXC’s Hogan banking platform. Bitcoin slipped 0.7% to $87,873, while ether dropped 1.4% to $2,896. Spot gold hit a record $5,110.50 an ounce, driven by safe-haven demand.
XRP price today slips near $1.92 as Ripple’s banking push meets Fed-week nerves

XRP price today slips near $1.92 as Ripple’s banking push meets Fed-week nerves

DXC Technology will integrate Ripple’s custody and payments technology into its Hogan core banking system, which manages $5 trillion in deposits. XRP slipped 0.33% to $1.92 Friday, while bitcoin and ether edged higher. UBS plans to offer crypto investment options to select Swiss clients. The Fed is expected to keep rates steady at its January 27-28 meeting, according to a Reuters poll.
24 January 2026
XRP price today climbs after Ripple-linked headlines hit the tape

XRP price today climbs after Ripple-linked headlines hit the tape

XRP rose 2.8% to $1.95 premarket Thursday, hitting a 24-hour high near $1.98. Binance launched spot trading for RLUSD, Ripple’s stablecoin, adding several pairs and waiving some fees. DXC Technology announced it will integrate Ripple’s custody and payments tech into its Hogan banking platform. Bitcoin traded near $89,900, while ether approached $3,000.
22 January 2026
XRP price rebounds near $2 as Ripple-DXC deal and Fed data loom

XRP price rebounds near $2 as Ripple-DXC deal and Fed data loom

XRP rose 4.7% to near $1.98 Wednesday after a volatile week, rebounding from a low of $1.87. Ripple and DXC Technology announced a partnership to offer digital asset custody and payments for banks. XRP futures open interest hit $1.2 billion, while $4.67 million in positions were liquidated in 24 hours. U.S. inflation data is due Thursday, with the Fed meeting next week.
21 January 2026
Accenture stock jumps after hours as Infosys outlook lifts IT services mood

Accenture stock jumps after hours as Infosys outlook lifts IT services mood

Accenture shares rose 4.3% to $288.54 in after-hours trading Wednesday, outpacing a broader market decline. Infosys raised its full-year revenue growth forecast to 3–3.5%, citing resilient tech spending. Trading volume in Accenture topped 6 million shares. Investors are watching Accenture’s Jan. 28 shareholder meeting and March earnings update.

Stock Market Today

  • Genesco, Kontoor Brands, Crocs Shares Surge as Consumer Discretionary Sector Recovers
    June 8, 2026, 11:11 PM EDT. Shares of Genesco, Kontoor Brands, and Crocs surged amid a consumer discretionary sector rebound driven by easing geopolitical tensions and a drop in Treasury yields, which had previously spooked investors. Kontoor Brands rose notably, reflecting market confidence despite persistent volatility with 19 moves greater than 5% in the last year. Falling oil prices relieved inflation concerns linked to heightened energy costs, benefiting retailers and consumers. The sector faces mixed signals: resilient demand contrasts with rising cost pressures and uncertain interest rate trajectories, with 2026 expectations tilting toward hikes rather than cuts. Kontoor is up 18.8% year-to-date but remains 15.3% below its 52-week peak. The market's current move underscores cautious optimism as investors weigh macro factors and consumer spending prospects.

Latest articles

Chip Rally Breaks as Nasdaq Faces Tight Labor Market

Nasdaq rises after hours as chips recover

9 June 2026
Nasdaq jumped 0.86% as chip stocks rebounded, with Intel soaring 11.2% on news Google ordered over 3 million AI chips for 2028, while Apple slid 1.9% after unveiling new AI features. Investors await Wednesday’s May CPI inflation report, which could spark volatility in tech and growth stocks.
Broadcom Stock Rebounds, AI Remains an Open Question for Wall Street

Broadcom Stock Rebounds, AI Remains an Open Question for Wall Street

9 June 2026
Broadcom shares jumped 2.8% to $396.60 as chip stocks rebounded after last week’s $1 trillion sector wipeout, but investors remain cautious after Broadcom’s Q2 revenue missed expectations and the company declined to raise its 2027 AI revenue forecast, fueling concerns that rapid AI growth may not meet Wall Street’s high demands.
BitMine Stock Gains as Ether Holdings Approach 5% Target

BitMine Stock Gains as Ether Holdings Approach 5% Target

9 June 2026
BitMine Immersion Technologies shares jumped 6% after revealing ether holdings climbed to 5.54 million tokens, now 4.59% of Ethereum’s supply, with $9.6 billion in crypto, cash and stakes. The company priced a $273.8 million preferred stock offering, with proceeds possibly funding more ETH purchases and staking. BitMine projects $230 million in annualized staking revenues but warns of risks if ETH or financing falters.
Mingteng Stock Jumps 81% After Halting $100M Share Sale Plan

Mingteng Stock Jumps 81% After Halting $100M Share Sale Plan

9 June 2026
Mingteng International shares soared 81.3% to $1.94 after the company ended its at-the-market stock sale plan, having raised about $20.6 million in gross proceeds; trading volume hit 24.2 million, dwarfing its $12 million market value, as the move outpaced gains in other U.S.-listed China auto stocks.
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