EPAM

U.S. stocks
2026-08-22 01:00:13

U.S. stocks close higher as AI names rally, Tempus AI jumps more than 9%

U.S. stocks finished higher, with the Dow up 0.98%, the S&P 500 up 0.43%, and the Nasdaq up 0.43%, according to MSX.COM data. The VIX fell 5.5% at the close. AI-related stocks also moved higher, led by Tempus AI, which rose 9.06%. SoundHound AI gained 5.02%, while Snowflake, Palantir and EPAM also posted advances. MSX was described as a leading RWA trading platform with hundreds of RWA tokens already listed, covering tokenized names tied to Nvidia, GOOGL, MSFT, AMZN, META, TSM and AMD, along with ETF-related tokenized assets.

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U.S. stocks close higher as AI names rally, Tempus AI jumps more than 9%
US stocks
2026-08-20 01:01:00

US stocks close slightly higher as AI names rise, with Tempus AI up 24.09%

US equities ended modestly higher, according to data from MSX.COM, with the Dow Jones Industrial Average up 0.22%, the S&P 500 gaining 0.21%, and the Nasdaq adding 0.16%. The VIX volatility index fell 6% by the close. AI-related stocks broadly moved higher during the session, led by Tempus AI, which climbed 24.09%. Other notable gainers in the group included Marvell, up 9.85%, EPAM, up 7.1%, Atlassian, up 6.89%, and ServiceNow, up 6.45%. MSX also said it is a major RWA trading platform that has listed hundreds of RWA tokens so far. Those offerings cover tokenized exposure tied to popular US stocks and ETF names, including NVIDIA, GOOGL, MSFT, AMZN, META, TSM, and AMD. The update was published by Odaily as a market close snapshot.

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US stocks close slightly higher as AI names rise, with Tempus AI up 24.09%
US stocks
2026-08-06 23:39:58

US Stocks Close Lower as Nonfarm Payrolls, US-Iran Deal Loom; Storage Names Tumble

US stocks closed lower on Aug 7 ahead of Friday's nonfarm payrolls report, as resurging geopolitical risk sent oil prices up more than 3% and revived inflation concerns. The Dow fell 0.85%, the S&P 500 lost 0.18%, and the Nasdaq slipped 0.06%. Storage stocks slumped despite strong earnings from SanDisk and Western Digital, while AI software names also plunged sharply.

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US Stocks Close Lower as Nonfarm Payrolls, US-Iran Deal Loom; Storage Names Tumble
US Stocks
2026-08-06 13:31:10

US Stocks Open Mixed, AI Shares Slump as EPAM Tumbles 20%

U.S. stocks opened mixed on the latest trading day, according to data from MSX.COM. The Dow Jones Industrial Average gained 0.25%, while the S&P 500 index rose a marginal 0.02%. The Nasdaq Composite fell 0.39%. Separately, the VIX, often viewed as a proxy for expected market turbulence, advanced 1.27%. Trading in artificial intelligence-related stocks was notably weak. EPAM suffered a sharp decline of 20.47%, making it the worst performer among the mentioned AI names. Symbotic lost 8.02%, Accenture dropped 6.32%, Micron slipped 5.93%, and Dell declined 5.42%. The losses were broad-based within the AI segment. In a related development, MSX, a leading real-world asset (RWA) trading platform, has reportedly listed hundreds of RWA tokens. These tokens cover a range of popular U.S. equities and ETFs, including Nvidia, GOOGL, MSFT, AMZN, META, TSM, and AMD. The platform has built up a substantial catalog of tokenized assets, according to the information. All price data cited above was provided by MSX.COM.

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US Stocks Open Mixed, AI Shares Slump as EPAM Tumbles 20%
Goldman Sachs
2026-07-11 06:32:13

Goldman Sachs sees IBM as the relative winner in IT services, with EPAM facing heavier pressure

Goldman Sachs said IBM stands out as the relative beneficiary in its July 10 preview of the Americas technology IT services group for 2Q26, while warning that companies with greater exposure to discretionary spending, including EPAM, face a tougher setup. The report covered IBM, Cognizant, EPAM, Globant, and TaskUs. The bank’s central view is that second-quarter results should be broadly in line with expectations, but macro uncertainty that began affecting client decision-making in April and May is now tightening the range of forward guidance. Goldman expects companies across the group to trim the top end of their guidance ranges and anchor investor expectations closer to the midpoint. IBM was the only stock in the group to receive a Buy rating from Goldman, with a $335 price target. The firm pointed to resilience in IBM’s software business and demand tied to enterprise AI. Goldman forecast IBM’s second-quarter software revenue at $8.16 billion and full-year software revenue at $33.2 billion, with total 2026 revenue at $71.3 billion and free cash flow guidance around $16 billion. By contrast, Goldman kept a Neutral rating on EPAM and said its concentration in application implementation and consulting leaves it more exposed to weaker discretionary budgets. The bank expects EPAM to narrow its full-year organic growth guidance to 2.5%-4.0% from 2.5%-5.0%.

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Goldman Sachs sees IBM as the relative winner in IT services, with EPAM facing heavier pressure