Eaton stock price reverses after $408 pop as Wall Street doubts AI payback
Eaton shares fell 1.5% to $390.25 Thursday after an early surge, as U.S. tech stocks slumped and investors reassessed AI infrastructure bets. The company’s 2026 profit outlook missed analyst estimates, citing slower industrial orders and trade uncertainty. Eaton will discuss its strategy at a Barclays conference on Feb. 17.