Top 9 AI Stocks Making Waves Today

5. Cognizant Technology Solutions Corporation (NASDAQ:CTSH)

Number of Hedge Fund Holders: 31

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) is a professional services company that offers consulting, technology, and outsourcing services. On March 27, 2025, Cognizant and ServiceNow (NYSE:NOW) launched an AI-powered dispute management solution for North American mid-market banks.

This BPaaS offering addresses fragmented systems, inefficiencies, and customer dissatisfaction by leveraging generative AI, automated workflows, and multi-channel dispute intake. Key features include sentiment analysis, automation, BI reporting, and predictive analytics, enhancing dispute resolution and customer trust while reducing chargeback losses.

Nageswar Cherukupalli, Senior Vice President and Business Unit Head of Banking, Capital Markets, Insurance, and Strategic Initiatives at Cognizant, stated, “We are pleased to strengthen our partnership with ServiceNow and empower mid-market banks with AI-powered technology and operations. With our expertise in end-to-end dispute management, we look forward to helping banks operate more efficiently and increase customer satisfaction. We are proud to be at the forefront of innovative, technology-driven solutions that have the potential to transform dispute management in the banking industry.”