$8.60
-0.37 (-4.12%)
DXC News3 articles
DXC Technology Shares Tumble 23% on Weak Revenue Outlook and AI Turnaround Doubts
DXC Technology shares fell 23% after forecasting further organic revenue declines and reporting a GAAP loss, casting doubt on its AI-driven turnaround amid weak demand.
Kyndryl Shares Rally Amid Internal Review and Outlook Reset
Kyndryl Holdings saw its shares climb approximately 9% in after-hours trading, extending a recovery from a sharp decline earlier in the week. The IT services provider is navigating a delayed quarterly filing and an internal audit committee review of its financial controls.
DXC Technology Shares Slide Amid Sector Downgrade, AI Initiatives in Focus
DXC Technology shares fell 4.5% as IT services stocks retreated following a UBS sector downgrade. The company reported a 1% revenue decline and launched new AI initiatives in London and via Amazon Quick.