10 Stocks Gaining Momentum From Key Collaborations

4. EPAM Systems (NYSE:EPAM)

EPAM Systems Inc. is a global software development and digital transformation services provider. Google Cloud is a combination of cloud computing services provided by Alphabet, offering a wide range of services including networking, applications, and storage services. EPAM is strengthening its collaboration with Google Cloud to address industry challenges faced by its clients.

This improved partnership will help clients gain business outcomes through data analysis, generative AI, and legacy modernization powered by Google Cloud. According to the company, this strategic partnership will enable them to deliver high-valued and repeatable solutions for customers.

Right after the partnership news broke, EPAM’s share prices showed a significant rise. Although share price went back to the same level it was at before the news, the stock is likely to attract investors going forward.