NEW YORK, Feb 11, 2026, 13:59 ET — Regular session in progress
DXC Technology (NYSE: DXC) shares lost ground Wednesday afternoon, shedding 4.5% to $13.94 after an earlier climb faded. The stock bounced between $13.89 and $14.75 as IT services names came under selling pressure.
DXC is pushing to sharpen its “AI at scale” narrative, a critical play as investors have grown choosy about which pitches actually generate contract money. The stock’s been volatile; a macro data point, sector note, or even a stray headline can send it swinging.
DXC occupies a corner of tech budgets that’s prone to decision slowdowns. When CIOs hit the brakes, the pipeline might seem solid—right up until it isn’t.
Wall Street struggled for direction as January’s jobs report landed: payrolls picked up and unemployment slipped to 4.3%, prompting traders to dial back hopes for quick Fed rate cuts. “The expectations are very high and we’re trying to thread a needle,” said Mel Casey, senior portfolio manager at FBB Capital Partners. By late morning, the Dow was edging up 0.1% while the Nasdaq slipped 0.2%. 1
DXC on Wednesday announced it has launched a Customer Experience Center in London, designed to shift clients from simply testing AI to putting it to work on a larger scale. “It’s an extension of our customers’ own transformation journeys,” said Derek Allison, general manager for the UK and Ireland. Georgina O’Toole at TechMarketView pointed out, “Success in leveraging digital technologies, including AI, depends on multi-disciplinary teams.” 2
Just a day ago, DXC announced it had finished rolling out Amazon Quick — an “agentic” AI digital workspace built to take actions, not just respond to prompts — to 115,000 staff in 70 countries. The company also unveiled a new practice focused on helping clients implement the tool. Right now, DXC says more than 40,000 of its engineers are using an internal AI “advisor.” 3
Dutch rail company NS plans to hand off a segment of its internal automation work to Enterprise Services Nederland, part of DXC, according to details confirmed by Dutch media, which put the deal’s value as high as 400 million euros for a term of six to twelve years. NS emphasized the vendor won’t be dealing with passenger information, and the systems in question aren’t essential to train operations. 4
DXC shares tumbled alongside the sector, but losses weren’t uniform across the board. Accenture slid 4.5%, Cognizant lost 4.1%, yet Kyndryl managed a 7.2% jump. Over at UBS, analysts cut their rating on the U.S. information technology sector to “Neutral” from “Attractive,” pointing to concerns over software and capital spending, according to Barron’s. 5
Still, the recent numbers are weighing on the company. On Jan. 29, DXC posted a 1% year-over-year revenue drop to $3.19 billion. Bookings—new contracts signed—slumped 17%. Free cash flow came in at $266 million. The company also disclosed $65 million spent on share buybacks. 6
Traders are weighing a more direct issue right now: Are these AI announcements quickly leading to real contracts that can make up for weaker spending in other areas, or are they just chatter as the market grows more cautious?
All eyes shift to Friday’s U.S. consumer inflation numbers. This report tends to jolt rate forecasts — and it’s been sparking a lot of the recent volatility in tech shares. 7
