Cognizant Technology Solutions Corp Class ACognizant reported Q2 results, updated guidance, and affirmed dividend.
US stock futures are pointing slightly higher this morning, with E-mini S&P 500 contracts up about 0.3%, as investors weigh interest rate risks against mixed economic signals. The 10-year US Treasury yield is holding near 4.62%, and markets see roughly a 1 in 3 chance of a rate hike at the upcoming Federal Reserve meeting, with odds for September even higher. Housing data show prices rising only modestly once inflation is taken out. Among top movers, Garmin jumped 16.23% after Q2 results and higher full-year 2026 revenue guidance, GE HealthCare Technologies gained 12.15% following Q2 earnings and a price target increase from BTIG, and Cognizant Technology Solutions rose 11.25% after reporting Q2 results, updating guidance, and affirming its dividend. On the losing side, Vertiv Holdings Co fell 17.26% after a mixed Q2, revenue short of guidance midpoint and a target cut, Nebius Group declined 12.65%, and Cerebras Systems dropped 12.11% despite a long-term data center colocation agreement announcement. Earnings will dominate the next few sessions, with Apple, Amazon, and Mastercard reporting on Thursday, and AbbVie, Moderna, ExxonMobil, and Chevron on Friday.
Cognizant Technology Solutions Corp Class ACognizant reported Q2 results, updated guidance, and affirmed dividend.
Vertiv Holdings CoVertiv fell after mixed Q2, revenue short of guidance midpoint, and a target cut.
Nebius Group N.V.Nebius Group declined 12.65% with no specific reason given in the article.
Apple Inc.
Amazon.com Inc
Cerebras Systems Inc. Class A Common Stock
GE HealthCare Technologies Inc.GE HealthCare reported Q2 earnings and received a price target increase from BTIG.
AbbVie Inc
Moderna Inc
Garmin LtdGarmin jumped after Q2 results and higher full-year 2026 revenue guidance.
Chevron Corp
Mastercard Inc
Exxon Mobil Corp