Wall Street strategists are advising a shift away from the dominant technology giants, suggesting investors buy into less popular sectors like health care, industrials, and energy for 2026. Concerns over Big Tech’s lofty valuations and AI spending, amplified by recent earnings reports, are driving this rotation.
Laurus Labs shares rally over 4% as Q1FY27 profit jumps 126% on strong CDMO growth
Laurus Labs reported a strong June-quarter performance, with net profit more than doubling and revenue rising 29% year-on-year, driven by robust growth in its CDMO