On July 28, Cognizant Technology Solutions Corp rose 5.3% in regular trading, trading at $50.335/share, with turnover of $96.69 million.

On the news front, the company announced an expanded partnership with Anthropic to deeply integrate Claude into its industry-specific platforms, aiming to help enterprise clients bridge the gap between AI ambitions and actual business outcomes. Simultaneously, Cognizant launched a new EMEA Artificial Intelligence Unit designed to help enterprises across Europe, the Middle East and Africa deploy and scale agentic AI applications across multiple cloud platforms and technology ecosystems.

Additionally, Cognizant secured a five-year partnership with The Andover Companies to modernize its technology systems, unify data, and lay the foundation for AI adoption in underwriting and claims. These developments come one day ahead of the company's Q2 earnings report, with consensus estimates projecting revenue of approximately $5.485 billion, up 5.75% year-over-year, and adjusted EPS of $1.38, up 9.04% year-over-year. The combination of expanding AI partnerships and positive institutional expectations ahead of earnings jointly boosted market sentiment.

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