AIBloomberg Techabout 3 hours ago
Call Center Stocks Slide on AI Fears
1 min read
Concentrix cut its 2026 revenue outlook to $9.93-$10.03 billion, sending its shares down over 21%. Teleperformance dropped 13% in sympathy. Operating income fell to $95.4 million from $148.3 million, and adjusted EBITDA margin dropped to 14.1%, reinforcing investor fears that AI makes the sector uninvestable.
Level
Hype check
Tap to vote and see what everyone thinks.
