5 Best Debt-Free S&P 500 Stocks to Buy Now

4. Cognizant Technology Solutions Corporation (NASDAQ:CTSH)

On May 27, 2026, Cognizant Technology Solutions Corporation (NASDAQ:CTSH) said it is working with Travelport on a strategic AI transformation that will deploy Anthropic’s Claude to modernize how Travelport builds, tests, and maintains software across its travel retailing and distribution platforms. The collaboration is aimed at accelerating AI-led innovation for airlines, hoteliers, travel management companies, and online travel agencies, while embedding AI features within Travelport’s platform. The initial focus is Travelport Trip Services, which handles bookings, exchanges, refunds, and servicing, with first customer-facing capabilities expected to reach the market this year.

On May 21, 2026, Cognizant Technology Solutions Corporation (NASDAQ:CTSH) announced accelerated share repurchase agreements with Truist Bank and BNP Paribas to repurchase an aggregate of $500M of its Class A common stock. The ASR is part of the company’s updated 2026 share repurchase plan announced on May 18.

Earlier in May, Cognizant also launched Cognizant Secure AI Services, an integrated offering designed to help enterprises secure, govern, and scale AI and agentic systems across their operations.

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) provides consulting, technology, and outsourcing services in North America, Europe, and internationally.

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