NASDAQ:PLUS

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ePlus trades close to $90 with earnings on tap, investors eye AI bets

ePlus shares closed at $89.19 Wednesday, up 2.59%, ahead of fiscal Q4 and year-end results due after markets close Thursday. The company reported a 24.6% jump in fiscal Q3 net sales and has raised its 2026 outlook. Investors are watching for signs that AI and cloud demand are offsetting slower projects and supply issues.

May 28, 2026

Telstra Shares Drop 6% Amid Profit-Taking and Broker Downgrades: What Investors Should Know
May 28, 2026, 5:10 PM EDT. Telstra shares fell 6% after hitting a multi-year high, driven by profit-taking and broker downgrades citing elevated valuation and narrowing dividend yield. Despite this, the company posted strong first-half FY2026 results, including 5.6% mobile revenue growth and a 14% rise in cash EBIT. Telstra also announced a $1.25 billion buyback, signaling management confidence. Analysts forecast a 10% dividend increase for FY2026, with further rises expected. The share price now trades slightly above consensus targets, limiting upside amid potential interest rate pressures. Long-term investors should view the pullback as a valuation correction rather than a business setback.