Shares of equipment rental company Herc Holdings (NYSE:HRI) fell 12.1% in the afternoon session after the company reported mixed fourth-quarter 2025 results and issued a disappointing outlook for 2026.
Shares of automotive parts company LKQ (NASDAQ:LKQ)
fell 4.5% in the afternoon session after its competitor, Genuine Parts Company (GPC), reported disappointing fourth-quarter financial results, sparking concerns across the auto parts sector.
A number of stocks fell in the afternoon session after investor fears over artificial intelligence disrupting the software industry sparked a broad sell-off. The anxiety stemmed from the rapid adoption of new 'agentic AI' tools, which some investors believed could dismantle traditional Software-as-a-Service (SaaS) business models. This 'AI Panic' led to indiscriminate selling across the sector. The market move reflected growing concerns about the downside of the AI boom for established software companies.
A number of stocks fell in the afternoon session after investor fears over artificial intelligence disrupting the software industry sparked a broad sell-off.
A number of stocks fell in the afternoon session after investor fears over artificial intelligence disrupting the software industry sparked a broad sell-off. The anxiety stemmed from the rapid adoption of new 'agentic AI' tools, which some investors believed could dismantle traditional Software-as-a-Service (SaaS) business models. This 'AI Panic' led to indiscriminate selling across the sector. The market move reflected growing concerns about the downside of the AI boom for established software companies.
A number of stocks fell in the afternoon session after investor fears over artificial intelligence disrupting the software industry sparked a broad sell-off. The anxiety stemmed from the rapid adoption of new 'agentic AI' tools, which some investors believed could dismantle traditional Software-as-a-Service (SaaS) business models. This 'AI Panic' led to indiscriminate selling across the sector. The market move reflected growing concerns about the downside of the AI boom for established software companies.
The dollar index (DXY00 ) on Tuesday rose to a 1-week high and finished up by +0.25%. Weakness in the euro and the British pound on Tuesday was supportive for the dollar after both currencies fell to 1-week lows. Also, hawkish Fed comments boosted...
AeroVironment Inc (NASDAQ:AVAV) shares are jumping higher Tuesday after JPMorgan kicked off coverage with an Overweight rating and a $320 price target.
March WTI crude oil (CLH26 ) on Tuesday closed down -0.56 (-0.89%), and March RBOB gasoline (RBH26 ) closed up +0.0034 (+0.18%). Crude oil and gasoline prices settled mixed on Tuesday, with crude falling to a 2-week low. Tuesday's rally in the dolla...
March Nymex natural gas (NGH26 ) on Tuesday closed down by -0.212 (-6.54%). March nat-gas prices sank to a 4-month nearest-futures low on Tuesday and settled sharply lower. The outlook for warmer-than-normal US weather, which will curb nat-gas heati...
Nobel Prize-winning economist Paul Krugman called President Donald Trump’s nomination of Kevin Warsh as Fed Chair “a big humiliation for the Fed” in a new interview on the Monetary Matters podcast.
Leidos (LDOS) shares dipped on Tuesday after a six-week government shutdown weighed on its quarterly revenue. Despite the sales miss, the defense giant beat profit expectations and announced a massive $2.4 billion acquisition of Entrust to double its energy business and fuel its "NorthStar 2030" growth strategy.
Builders FirstSource shares slipped Tuesday after the company missed fourth-quarter expectations, cited ongoing demand and pricing pressure, and issued sales guidance that bracketed Wall Street forecasts.
