Today: 15 March 2026
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NYSE:NSP 1 February 2026 - 11 February 2026

Why Barrett Business Services (BBSI) stock is sliding today as HR outsourcing names sink

Why Barrett Business Services (BBSI) stock is sliding today as HR outsourcing names sink

Barrett Business Services shares fell 7.6% to $32.77 Wednesday afternoon, hitting a session low amid a sector-wide selloff in HR outsourcing stocks. Insperity dropped 12.1% after posting a quarterly net loss and higher benefits costs. No company-specific news drove BBSI’s decline. Investors cited mixed U.S. jobs data and concerns over benefit expenses ahead of Friday’s inflation report.

Stock Market Today

  • Broadcom Set to Surge 91% and Join $3 Trillion Tech Titans Club
    March 15, 2026, 7:11 AM EDT. Broadcom's (AVGO) market cap stands at $1.6 trillion, with potential to soar 91% to join Nvidia, Apple, Alphabet, and Microsoft in the $3 trillion club. The semiconductor giant benefits from rising demand for data center products supporting artificial intelligence (AI), especially its Application-Specific Integrated Circuits (ASICs). These custom chips offer a cost-efficient alternative to GPUs, crucial for AI workloads. Broadcom's recent financials reflect this growth: record fiscal Q1 revenue of $19.3 billion, up 29% year-over-year, and guidance for nearly 47% revenue jump in Q2. Analysts forecast close to $105 billion revenue for fiscal 2026, positioning Broadcom on a trajectory to $3 trillion valuation if it reaches $200 billion in revenue with consistent price-to-sales multiples. The company's critical role in AI and data center expansion underpins bullish investor sentiment.
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