Accenture Stock Plunges After Weak Q4 Guidance and Lowered Outlook
Accenture shares fell after weak guidance, but profits beat forecasts and it is boosting AI and cybersecurity bets.
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Nasdaq-100 Welcomes Rocket Lab, Astera Labs, CoreWeave, Nebius & Teradyne
Charter (CHTR), Cognizant (CTSH), Insmed (INSM), Verisk (VRSK) and Zscaler (ZS) will be removed from the Nasdaq-100 Index effective June 22, 2026.
IBM Stock Tanks as Anthropic's Claude AI Targets COBOL Empire
IBM shares dropped 10% after Anthropic's Claude AI unveiled powerful COBOL modernization tools, shaking up the old programming language market that IBM relies on heavily.
Cognizant Upgraded as Analyst Sees Strong Growth Ahead
William Blair upgrades Cognizant to Outperform, citing stronger bookings, a solid deal pipeline, and rising momentum in financial services and health sciences.
Major Overhaul Planned for H-1B Visas, Including a $100,000 Fee
President Trump is moving to dramatically change the H-1B visa program with a new, massive application fee and revised wage rules. These changes are aimed at curbing visa overuse and protecting American jobs.