RELX

Recent economic data shows PCE inflation came in softer than expected while Q2 GDP exceeded expectations. Market attention is now focused on the upcoming Friday employment report. Three stocks with Zacks Rank #1 and strong momentum are highlighted: BP (energy), RELX (information solutions), and RWE AG (utilities).

AI agents are replacing junior analysts in professional services firms, threatening the traditional billable-hour business model. Companies that own essential databases, software systems, or can charge for outcomes rather than hours are best positioned to thrive in this transition. McKinsey now employs 20,000 AI agents alongside 40,000 humans, signaling the scale of this shift.

Thomson Reuters' three core businesses—Legal Professionals, Corporates, and Tax, Audit & Accounting—generated 10%, 10%, and 8% organic growth respectively in Q2 2026, representing 83% of total revenues. With the company's overall organic revenue growth at 9% and recurring revenues up 9%, these core segments are becoming increasingly critical to sustaining momentum. However, Reuters and Global Print showed weaker performance at 4% and -3% respectively, making future growth heavily dependent on the Big 3's ability to maintain high-single-digit to double-digit growth as their revenue base expands.