tl;dr
Cognizant (NASDAQ: CTSH) announced a strategic alliance with Shopify (SHOP) and Alphabet's (GOOGL) Google Cloud, to drive digital transformation and platform modernization for global retailers and brands. The alliance is focused on bringing together Shopify's commerce platform, Google Cloud's core c...
Cognizant (NASDAQ: CTSH) announced a strategic alliance with Shopify (SHOP) and Alphabet's (GOOGL) Google Cloud, to drive digital transformation and platform modernization for global retailers and brands. The alliance is focused on bringing together Shopify's commerce platform, Google Cloud's core cloud infrastructure, and client delivery of Cognizant's retail industry advisory and technology implementation specialists. This combined offering aims to drive modernization for retailers, and is expected to help enterprise retailers facing challenges personalizing customer experiences, and scaling their operations globally. "Consumer expectations are changing more rapidly as Generative AI evolves the nature of digital experiences," Carrie Tharp, VP of strategic industries at Google Cloud said. Source: Press Release
More about Cognizant Technology Solutions Corp Class A
Cognizant Technology Solutions Corp Class A
Cognizant is an American multinational technology company that provides business consulting, information technology and outsourcing services. It is headquartered in Teaneck, New Jersey, United States.
Industry: TECHNOLOGY
Services: COMPUTER PROGRAMMING SERVICES
Market Cap: 354.11B
P/E Ratio: 16.9
EPS: 1.17
Beta: 4.21
Dividend %: 38.32
Price Change: 0.11
Revenue: 19.35B
Operating Margin: 78.17%
Return on Assets: 0.107
Return on Equity: -0.017
More about Shopify Inc
Shopify Inc Summary Company: Shopify Inc.
Description: Shopify Inc., a commerce company, offers a commerce and service platform in Canada, the United States, the United Kingdom, Australia, Latin America, and internationally. The company is headquartered in Ottawa, Canada.
Industry: Technology
Sector: Services-Prepackaged Software
Market Cap: 95,985,762,000
Current Price: $745.7
Dividend Yield: None
Price/Earnings Ratio (P/E): 0.1
EPS (Earnings Per Share): 5.51
Beta: 0.0187
Shares Outstanding: 7,060,000,000
50-Day Moving Average: $82.13
200-Day Moving Average: $4.858
Relative Strength Index (RSI): 0.236
More about Alphabet Inc Class A
Alphabet Inc Class A Summary Alphabet Inc Class A
Alphabet Inc. is an American multinational conglomerate headquartered in Mountain View, California. It was created through a restructuring of Google on October 2, 2015, and became the parent company of Google and several former Google subsidiaries. The two co-founders of Google remained as controlling shareholders, board members, and employees at Alphabet. Alphabet is the world's fourth-largest technology company by revenue and one of the world's most valuable companies.
Industry
Technology, Services-Computer Programming, Data Processing, etc.
Market Data
Market Cap: $1,901,995,229,000
PE Ratio: 26.34
Dividend Yield: None
Beta: 5.79
EPS: 24.34
Volume: 307,393,987,000
Market Price: $163.28
Change: 0.56
Change %: 0.135
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