Shares of electrical equipment-related companies are trading lower, possibly alongside an AI-related selloff due to inflation fears and soaring bond yields.

Company News for Oct 2, 2026

Several major companies reported quarterly earnings with mixed results. Accenture surged 15.8% after beating earnings estimates, while McKesson gained 5.3% on maintained guidance. Conversely, Acuity fell 3.4% and Progress Software dropped 8.5% after missing revenue expectations.

Baird Maintains Neutral on Acuity, Lowers Price Target to $348

Acuity Brands Q4 2026 Earnings Call Transcript

Acuity Brands (NYSE:AYI) held its fourth-quarter earnings conference call on Thursday. Below is the complete transcript from the call. Benzinga APIs provide real-time access to earnings call transcripts and financial

Acuity Stock Slips Following Q4 Revenue Miss: What Investors Need to Know

Acuity is trading lower Thursday after reporting mixed Q4 results, as a modest revenue miss in its core lighting business weighs on sentiment.

FuelCell Energy Stock Gains 14% Today — Here's Why

FuelCell stock rose 14% as Google’s nuclear deal highlighted soaring AI power demand.

Shares of data center infrastructure-related companies are trading higher after Google and Constellation energy announced a 20-year partnership to bring 890 MW of nuclear power online, which helps underpin strong demand for future compute buildout. Also, Baird initiating coverage of Modine Manufacturing with an Outperform rating and a $300 price target further supports the sector.