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Cognizant Technology Solutions Corp. - CTSH STOCK NEWS

Welcome to our dedicated news page for Cognizant Technology Solutions (Ticker: CTSH), a resource for investors and traders seeking the latest updates and insights on Cognizant Technology Solutions.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Cognizant Technology Solutions's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Cognizant Technology Solutions's position in the market.

News
Cognizant and Google Cloud Expand AI Partnership to Drive Software Development Productivity
Rhea-AI Summary
Cognizant and Google Cloud expand their partnership to enhance software development with Gemini AI, aiming to boost productivity and efficiency. Cognizant will invest $1 billion in generative AI over three years, training 70,000 associates on Google Cloud's AI technologies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.42%
Tags
partnership AI
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News
Cermaq Extends Collaboration with Cognizant to Further Enhance Operational Efficiencies
Rhea-AI Summary
Cognizant (CTSH) renews collaboration with Cermaq Group AS, a global salmon producer, to provide managed infrastructure services, modernize cloud landscape, and drive digital transformation in Norway and Canada. The partnership aims to simplify, modernize, and secure Cermaq's technology landscape, reduce costs, speed up time to market, and ensure stable operations. Cognizant will play a key role in Cermaq's IT operations, enabling entities in Norway and Canada to own their IT landscape within a centralized governance framework.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.67%
Tags
none
-
News
Cognizant to apply generative AI to enhance drug discovery for pharmaceutical clients with NVIDIA BioNeMo
Rhea-AI Summary
Cognizant partners with NVIDIA BioNeMo to revolutionize drug discovery using generative AI, aiming to speed up development processes and bring new treatments to market faster.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.59%
Tags
AI
News
Cognizant Unveils Advanced Artificial Intelligence Lab to Accelerate AI Research and Innovation
Rhea-AI Summary
Cognizant (CTSH) announces the launch of an Advanced AI Lab in San Francisco with a team of researchers and developers focusing on cutting-edge AI systems. The lab aims to advance AI science and practice through innovation and intellectual property development. With 75 patents, Cognizant plans to invest $1 billion in gen AI over three years, aiming to inject up to $1 trillion into the U.S. economy by 2032.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1%
Tags
AI
-
News
Cognizant and Microsoft Collaborate to Power the Future of Healthcare Administration with Generative AI
Rhea-AI Summary
Cognizant and Microsoft collaborate to integrate generative AI into healthcare administration through the TriZetto platform, aiming to boost productivity, efficiency, and patient care. The partnership seeks to inject $1 trillion into the U.S. economy over the next decade through new revenue streams and innovation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.4%
Tags
AI
-
News
Cognizant Expands Technology Operations Partnership with CNO Financial Group
Rhea-AI Summary
Cognizant (CTSH) extends strategic partnership with CNO Financial Group to enhance customer experience and optimize business processes with cloud, digital technologies, and AI. Cognizant to provide end-to-end technology services using gen AI technologies to drive efficiencies for CNO's technology landscape.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.56%
Tags
partnership
News
Lexitas Announces Appointment of Sriram Venkateswaran as Chief Financial Officer
Rhea-AI Summary
Lexitas, a leading provider of technology-enabled litigation services, appoints Sriram Venkateswaran as Chief Financial Officer. Venkateswaran brings over 20 years of global executive operating experience to the role.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.33%
Tags
management
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News
COGNIZANT REPORTS FOURTH QUARTER AND FULL-YEAR 2023 RESULTS
Rhea-AI Summary
Cognizant (CTSH) reported a full-year revenue of $19.4 billion, a 0.4% decline year-over-year, or a 0.3% decline in constant currency. The full-year operating margin was 13.9% and Adjusted Operating Margin was 15.1%. Trailing 12-month bookings were $26.3 billion, up 9% year-over-year. The company returned $1.7 billion to shareholders through share repurchases and dividends in 2023. Cognizant provided a 2024 revenue growth guidance of (2%) to 2% in constant currency and a 2024 Adjusted Operating Margin guidance of 15.3-15.5%, an expansion of 20 to 40 basis points.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.93%
Tags
earnings
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News
Announcing Cognizant Flowsource™, a generative AI-enabled platform for powering modern engineering
Rhea-AI Summary
Cognizant (Nasdaq: CTSH) introduces Cognizant Flowsource, a gen AI-enabled platform, aiming to revolutionize software engineering for enterprises. The platform integrates all stages of the software development lifecycle, providing cross-functional engineering teams with digital assets and tools to deliver high-quality code faster and with increased control and transparency. Cognizant Flowsource also focuses on improving throughput, quality, and consistency across development, ultimately leading to better time-to-market for new products and services.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.99%
Tags
AI
News
Cognizant Implements Amazon's Just Walk Out Technology for Canberra Institute of Technology Student Association
Rhea-AI Summary
Cognizant collaborates with CITSA to implement Amazon's Just Walk Out technology in the Café Yala Plus Student Association store, providing nearly 24/7 access for students. This strategic growth opportunity aims to enhance the student shopping experience and streamline inventory management while leveraging advanced technologies like artificial intelligence.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.62%
Tags
none
Stock CTSH logo
Cognizant Technology Solutions Corp.

Nasdaq:CTSH

CTSH Rankings

#350 Ranked by Market Cap
#1888 Ranked by Stock Gains
#1505 Ranked by Dividends

CTSH Stock Data

34.48B
496.37M
0.16%
97.99%
2.67%
Custom Computer Programming Services
Professional, Scientific, and Technical Services
Link
US
Teaneck

About CTSH

cognizant (nasdaq-100: ctsh) is one of the world's leading professional services companies, transforming clients'​ business, operating and technology models for the digital era. our unique industry-based, consultative approach helps clients envision, build and run more innovative and efficient businesses. headquartered in the u.s., cognizant is ranked 195 on the fortune 500 and is consistently listed among the most admired companies in the world. learn how cognizant helps clients lead with digital at www.cognizant.com or follow us @cognizant.