Infosys shares fell after global brokerages turned cautious following the company’s Q1 FY27 results and a cut to the upper end of its revenue growth guidance. JPMorgan downgraded the stock, while Jefferies lowered its target price, citing weaker demand visibility despite strong deal wins and rising AI-led revenue.
US stocks today: Nasdaq lags on angst over AI spending ahead of earnings reports
U.S. markets closed mixed as the Nasdaq declined on chip stock weakness driven by concerns over heavy AI spending, while the Dow rose and the