AI boom pushes Cognizant out of Nasdaq-100 after two-decade run | Bengaluru News
Cognizant’s exclusion reflects its relative market capitalisation rather than its recent operating performance Bengaluru: Despite posting a strong first quarter and raising its full-year outlook, Cognizant is set to be dropped from the Nasdaq-100 Index after more than two decades, making way for a new crop of companies benefiting from the artificial intelligence boom.The IT…