Software provider EPAM beat quarterly results on strong AI adoption Aug 8 (Reuters) - EPAM Systems EPAM.N beat quarterly profit and revenue estimates on Thursday, helped by strong demand for its IT services as businesses are increasingly digitizing their operations. The positive result underscores the recovery of demand for IT services as clients are increasingly adopting cloud services and look to deploy their own AI applications, helping companies that provide product development services such

BUZZ - Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Meta Platforms Inc META.OQ +6.1% Dexcom Inc DXCM.OQ +3.5% Cognizant Technology Solutions Corp CTSH.OQ +2.8% Vertex Pharmaceuticals Inc VRTX.OQ +1.8% AstraZeneca PLC AZN.OQ +1.4% Bottom Performers Percent Change Moderna Inc MRNA.OQ -19.5% Arm Holdings PLC ARM.OQ -16.0% Qualcomm Inc QCOM.OQ -8.7% Lam Research Corp LRCX.OQ -8.3% Micron Technology Inc MU.OQ -6.7% The Nasdaq 100 .NDX l

U.S. RESEARCH ROUNDUP-CH Robinson Worldwide, Dayforce, Entegris Aug 1 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including CH Robinson Worldwide, Dayforce and Entegris, on Thursday. HIGHLIGHTS * CH Robinson Worldwide Inc CHRW.O : JP Morgan raises to overweight from neutral * Dayforce Inc DAY.N : Piper Sandler raises to overweight from neutral * Entegris Inc ENTG.O : Seaport Research Partners raises to buy from neutral * M

Cognizant raises full year revenue forecast, beats Q2 results estimates July 31 (Reuters) - Cognizant Technology Solutions CTSH.O raised its annual revenue forecast and and beat second-quarter results estimates on Wednesday, aided by businesses turning to the IT services provider to digitize their operations. Signs of easing inflation and expectations of lower interest rates are prompting businesses to increase their spending on technology and consulting projects as they transition to cloud-base

BRIEF-Cognizant Q2 Adjusted EPS USD 1.17 Vs. IBES Estimate USD 1.12 Jul 31 (Reuters) - Cognizant Q2 operating income USD 708 million. Q2 adjusted operating margin 15.2% Q2 EPS USD 1.14 Q2 revenue USD 4,850 million vs. IBES estimate USD 4,802 million Q2 operating margin 14.6% outlook Q3 revenue USD 4,890-4,960 million outlook FY adjusted EPS USD 4.6