ECARX to combine industry-leading full-stack digital cockpit and driver assistance technology with DXC Luxoft's deep domain expertise, enabling automotive manufactures to enhance the user experience DXC Luxoft and ECARX join forces (CNW Group/DXC Luxoft)DXC Luxoft and ECARX join forces (CNW Group/DXC Luxoft) The new partnership will make it easier for automotive OEMs to leverage the capabilities of software-defined vehicles to develop solutions which deliver innovative user experiences — such as providing d ...

DXC Technology Company's (DXC) shares soared 11.5% on Monday as the IT services and solutions provider garnered attention as a potential acquisition target. Citing people familiar with the matter, Reuters on Monday revealed that Apollo Global Management and Kyndryl Holdings, Inc. (KD) are considering a joint bid for DXC. DXC's current valuation plays a crucial role in its appeal as an acquisition target. The company's stock has been trading at a one-year forward P/E multiple of 6.30X, significantly lower th ...

DXC shares moved higher ahead of the opening bell on Tuesday following a report that Apollo Global and Kyndryl Holdings are considering making a joint bid for the company. The duo have reportedly discussed a bid price of between $22 and $25 per share, implying a 27% premium to Monday's $18.45 closing price, assuming a $23.5 midpoint bid price. Monitor the $22 level, an area on the chart where the DXC Technology price many run into overhead resistance from a descending channel's upper trendline. A person fam ...

ASHBURN, Va., June 11, 2024 /PRNewswire/ - DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, today announced its commitment to achieve net-zero Scope 1 and 2 greenhouse gas emissions by 2050. This reaffirms DXC's effort to make positive and meaningful contributions to reduce the ongoing threat of climate change by addressing its carbon footprint. Since 2019, DXC has reduced energy consumption by 44%, a result of site consolidations and efficiency efforts, which contribut ...

Camire Brings Leading-Edge Marketing, Communications Expertise ASHBURN, Va., June 3, 2024 /PRNewswire/ - DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, today announced Kaveri Camire has been named Senior Vice President and Chief Marketing Officer effective immediately, reporting directly to DXC President and Chief Executive Officer Raul Fernandez. Camire will oversee all aspects of DXC's marketing and communications, leading the company's global team to enhance strate ...

Customers can now implement SAP's S/4HANA in 1 year or less. ASHBURN, Va., May 31, 2024 /PRNewswire/ - DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, today announced its new DXC Fast RISE with SAP service, which enables customers to dramatically accelerate their S/4HANA projects and to realize the extensive value provided faster than ever before. DXC Fast RISE with SAP allows customers to complete SAP deployments in less than twelve months so that businesses can achie ...

Loading... Loading... The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here's the lat ...

Collaboration with Dell Technologies to provide a best-in-class managed Multicloud Enterprise Intelligence System ASHBURN, Va., May 20, 2024 /PRNewswire/ - Today, DXC Technology (NYSE: DXC) a Fortune 500 global technology services company, is proud to announce a collaboration with Dell Technologies to advance Enterprise Intelligence Services (EIS). This alliance marks a significant step forward in leveraging cutting-edge technologies such as AI, machine learning, data analytics, and intelligent automation t ...

The company's non-GAAP gross profit declined 6% to $798 million from $849 million in the year-ago quarter mainly due to lower revenues. However, the non-GAAP gross margin remained flat on a year-over-year basis at 23.6%. DXC Technology Company (DXC) reported better-than-expected results for the fourth quarter of fiscal 2024. The IT services and consulting company posted fourth-quarter non-GAAP earnings of 97 cents per share, which beat the Zacks Consensus Estimate of 83 cents. However, the bottom line decre ...

Shares of DXC Technology Co (NYSE: DXC) are down over 15% even though the information technology company made an AI announcement on Friday. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins. $DXC partners with Ferrovial and Microsoft Copy link to section The multinational based out of Ashburn, Virginia teamed up with Ferrovial and Microsoft this morning on Quercus. The new generative artificial intelligence platform is expected to help organisations int ...