11 AI News Updates on Wall Street’s Radar

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1. DXC Technology Company (NYSE:DXC

Number of Hedge Fund Holders: 69

DXC Technology Company (NYSE:DXC) provides information technology services and solutions. The company leverages artificial intelligence in its solutions to help clients innovate and solve complex challenges while optimizing operations. The company was recognized as a leader in the Magic Quadrant for Outsourced Digital Workplace Services on March 31 by research firm Gartner.

The recognition was in response to DXC Technology Company’s (NYSE:DXC) Modern Workplace Services, which includes Modern Device Management, which is underpinned by an artificial intelligence-driven Experience platform. The AI-powered solution enables more than 15 hours of monthly productivity gains per user while reducing the time required to solve issues by up to 50%.

“We believe being recognized by Gartner underscores our commitment to innovative workplace services that are AI-driven, seamless and improve operational efficiency and enhance resilience,” said Chris Drumgoole, President of Global Infrastructure Services at DXC.

While we acknowledge the potential of DXC Technology Company (NYSE:DXC) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than DXC but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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