Core Viewpoint - Three stocks, Dollar General, Expedia Group, and EPAM Systems, have shown strong upward momentum and are considered promising investments heading into 2026 [1][2]. Group 1: Dollar General - Dollar General's share price increased over 32% in the past month, driven by strong fiscal third-quarter results [5][8]. - The company reported a 4.6% year-over-year sales increase to $10.6 billion and a 43.8% rise in earnings per share to $1.28, surpassing Wall Street's estimate of $0.93 [5][8]. - Gross profit margin improved by 107 basis points to 29.9%, indicating enhanced profitability [5]. - The company opened 196 new stores and remodeled 1,175 locations during the quarter [6]. - Management raised earnings per share guidance for 2025 to a range of $6.30 to $6.50, up from $5.80 to $6.30 [8]. Group 2: Expedia Group - Expedia Group's stock rose nearly 23% in the past month, fueled by robust third-quarter results and an increased full-year revenue forecast [10][11]. - Revenue for the quarter increased by 9% to $4.4 billion, while gross bookings surged by 12% to almost $31 billion [10]. - Management raised full-year revenue growth guidance to 6%-7%, up from 3%-5%, and gross bookings growth is now projected at 7% [10][11]. - The positive results are attributed to rising travel demand, the use of artificial intelligence, and improved cost control [11]. Group 3: EPAM Systems - EPAM Systems' stock has rebounded over 26% in the past month, following a strong third-quarter earnings report [12][13]. - Adjusted earnings per share increased by 14.3% year-over-year, and revenue grew by 1.7%, both exceeding Wall Street expectations [13]. - Management raised full-year revenue guidance to a range of $4.69 billion to $4.7 billion, up from $4.59 billion to $4.63 billion, and adjusted profit outlook to between $10.73 and $10.81, up from $10.20 to $10.40 [14].

Summary of PC Connection Conference Call - December 11, 2025 Company Overview - **Company Name**: PC Connection (NasdaqGS: CNXN) - **Founded**: 43 years ago, went public in 1998 - **Employees**: Approximately 2,500 - **Shares Outstanding**: About 25 million - **Mission**: To be a leading global solution provider connecting customers with technology that enhances growth, elevates productivity, and empowers innovation [4][5] Core Business Segments - **Enterprise Group**: Focused on clients with 3,000 seats and above - **Business Solutions Team**: Targets clients with 3,000 seats and below - **Public Sector Team**: Serves state, local, K-12, and higher education [6][7] Go-to-Market Strategy - **Specialization**: Each subsidiary specializes in its area to enhance customer service and expertise [5][6] - **MarkITplace**: An IT procurement tool that allows customers to manage their IT assets and inventory effectively [6] - **Vertical Markets**: Focus on healthcare, manufacturing, retail, and financial sectors [7] Financial Performance - **Revenue Growth**: Reported $3.6 billion in revenue for 2024, a record for the company, with a gross profit of $520 million (18.5% gross margin) [18][19] - **Net Promoter Score**: Achieved a score of 82, significantly higher than the industry average [10] - **Earnings Per Share**: Increased from $3.15 to $3.29 year-over-year [19] - **Cash Flow**: Consistent cash generation with inventory turnover of 18 times a year and DSO of 74 days [20] Shareholder Returns - **Dividends**: Increased from $0.08 to $0.15 per share over the past years, with a commitment to return cash to shareholders [21][22] - **Share Buybacks**: Approximately $65 million worth of stock repurchased in the first three quarters of the year [22] Growth Drivers - **AI and Modern Infrastructure**: Focus on secure and hybrid data centers, digital workspace solutions, and supply chain management [13][14] - **AI Center (Helix)**: A dedicated group for applied AI and robotics, with 120 specialists and partnerships with major tech companies [12][13] Market Trends and Future Outlook - **Demand for AI**: Anticipated growth in demand for edge computing, network bandwidth, and hybrid cloud solutions driven by AI [34] - **Gross Margin Improvement**: Achieved a record gross margin of 19.6% in Q3, driven by a better mix of business and improved operational efficiency [30][33] Corporate Responsibility - **Sustainability Initiatives**: Published inaugural sustainability report and focused on charitable contributions [24] Conclusion - **Investment Rationale**: Strong customer loyalty, recurring revenue streams, financial stability, and global capabilities position the company well for future growth [24][25]

Group 1 - CI&T has been recognized by Everest Group in two additional global assessments for 2025 [1] - The assessments are for CPG Services PEAK Matrix® and Retail Services PEAK Matrix® [1]

Core Insights - Kyndryl has launched the Quantum Safe Assessment service to help organizations prepare for the security challenges posed by quantum computing, focusing on identifying cryptographic vulnerabilities and creating a roadmap for transitioning to quantum-safe security [1][2] Group 1: Service Overview - The Quantum Safe Assessment service evaluates an organization's entire IT environment to identify cryptographic risks and develop customized strategies for quantum-safe security [1][2] - The service includes creating a Cryptographic Bill of Materials (CBOM) to understand current encryption methods and their application across the enterprise [6] - It prioritizes critical systems and third-party interfaces at risk from quantum threats, such as payment gateways and cloud infrastructure, based on data sensitivity [2][6] Group 2: Strategic Importance - Kyndryl emphasizes that quantum computing security is a strategic imperative, as traditional encryption methods are increasingly vulnerable to quantum attacks, threatening data security and regulatory compliance [2] - The 2025 Kyndryl Readiness Report indicates a significant awareness gap, with only 4% of leaders recognizing quantum as a technology that will greatly impact their businesses in the next three years, highlighting the need for proactive measures [4] Group 3: Implementation Support - Kyndryl collaborates with organizations to define processes and adopt technologies for quantum-safe security, providing a step-by-step roadmap for implementation [3] - The service integrates quantum readiness with Kyndryl's Zero Trust Adoption Framework to enhance security across identity, endpoint, network, and data protection [6]

Core Insights - XBP Global Holdings, Inc. has entered into a five-year agreement with BG-Phoenics GmbH, valued at up to 21.5 million Euro, to provide workflow automation services in Germany's statutory accident insurance sector [1][2][4] Group 1: Agreement Details - The contract involves XBP Global transitioning the client's mail processing from paper-based workflows to AI-driven digital document management [2][4] - XBP Global will utilize its Intelligent Document Processing (IDP) Software platform to process and digitize up to 148 million pages during the contract period [3][4] Group 2: Strategic Positioning - This agreement enhances XBP Global's presence in the German public sector and reinforces its reputation as a strategic partner for technology-enabled document management services [2][4] - The engagement follows a competitive tender process and aligns with XBP Global's strategy to strengthen its foothold in regulated industries and key European markets [4] Group 3: Company Overview - XBP Global operates in 20 countries with approximately 11,000 professionals and partners with over 2,500 clients, including many Fortune 100 companies [6][7] - The company focuses on intelligent workflows and hyper-automation, leveraging its proprietary platforms and AI-driven automation to support digital transformations [7]

Core Insights - Accenture's stock has decreased by 22% since the last analysis, indicating a significant decline in market value [1] - The previous rating was a Hold due to low return prospects, suggesting cautious sentiment towards the stock [1] - Despite being structurally undervalued now, the outlook remains uncertain regarding potential recovery [1]

人工智能驱动的 IT 支持初创公司 Serval 向路透社透露，公司已在红杉资本领投的 B 轮融资中筹集 7500 万美元，距其上一轮融资仅过去三个月，估值便已达到 10 亿美元。 本轮融资后，Serval 的累计融资额达到 1.27 亿美元。据 PitchBook 数据显示，这家总部位于旧金山的公 司在今年 8 月的估值仅为 2.32 亿美元。过去三个月内的估值大幅跃升，凸显出投资者对这类借助人工 智能挑战 ServiceNow 等行业老牌企业、且具备市场吸引力的公司的浓厚兴趣。 Serval 表示，自 8 月以来其营收增长了 500%，但未披露具体数据。红点创投、Meritech 资本以及通用 催化剂等早期投资方也参与了此次融资。 Serval 成立于 2024 年，最初只是一款人工智能技术支持助手，为员工处理电脑故障修复、软件权限授 予等日常 IT 任务。如今其业务已拓展至人力资源、法务以及财务等部门。 借助新筹集的资金，Serval 计划加快扩充其市场推广团队和工程技术团队。该公司目前员工规模不足 30 人，预计到明年将扩大至 100 人以上。 包括 Perplexity 和 Together AI ...

Core Insights - Cognizant has launched an India Artificial Intelligence Lab and a Cognizant Moment Studio in Bengaluru, as part of a $1 billion investment in generative AI over the next three years [1][2][5] Group 1: AI Lab and Studio Overview - The India AI Lab extends Cognizant's existing AI Lab in San Francisco and focuses on developing multi-agent systems, AI decisioning capabilities, and responsible AI initiatives [2][4] - The Cognizant Moment Studio aims to enhance customer experience through AI, driving growth and innovation [2][4] Group 2: Strategic Goals and Innovations - The lab and studio will work on creating intelligent systems that support dependable decision-making for enterprises, emphasizing human-centered design [3][4] - Cognizant's AI Lab will strengthen its intellectual property portfolio and develop proprietary frameworks and reusable AI components [4][5] Group 3: Talent and Collaboration - The India AI Lab will leverage Bengaluru's engineering talent and partner with leading universities for joint research initiatives and real-world experimentation [5]

NowVertical Group (OTCPK:NOWV.F) Update / Briefing December 10, 2025 02:00 PM ET Company ParticipantsSandeep Mendiratta - CEOChristine Nelson - CFOSandeep MendirattaThis makes these accounts as the strategic accounts for us. We expect these strategic accounts to be delivering $1 million of revenue for us a year. It takes a while for us to grow these strategic accounts to that $1 million revenue, but many of these accounts have already delivered more than $5 million of lifetime value for us. So that's the gr ...

Core Insights - DXC Technology has launched AdvisoryX, a global advisory and consulting group aimed at helping enterprises tackle complex strategic, operational, and technology challenges [1][3] - A new global study by DXC reveals significant contradictions in how organizations prioritize and operationalize AI, indicating that while AI is a board-level priority, many lack the necessary business case and governance to achieve results [1][3] AI Execution Challenges - 94% of enterprises face execution challenges with AI, and many pilots fail to scale due to a lack of optimized data, clear business cases, and aligned leadership [2][5] - Two-thirds of organizations do not have a clear business case for AI, suggesting that adoption is often driven by external pressure rather than strategic outcomes [3][5] Future of AI in Organizations - By 2028, 81% of leaders expect AI to increase workforce demand, particularly in IT, data, cybersecurity, and software development, indicating a significant shift in roles and skills [6] - 50% of leaders anticipate hybrid models where AI operates with partial autonomy, while only 15% expect fully autonomous AI in the near term [6] AdvisoryX's Integrated Solutions - AdvisoryX offers five integrated solutions designed to support the full lifecycle of AI adoption, including AI Core, AI Reinvent, AI Interact, AI Validate, and AI Manage [4][12] - These solutions aim to bridge the gap between immediate operational gains and long-term strategic goals, enabling organizations to manage risk and deliver sustainable value [8] Brand Identity and Corporate Strategy - DXC Technology is introducing a refreshed global brand identity that reflects its alignment with an AI-driven future and its commitment to helping enterprises modernize and transform [9][10] - The new brand identity emphasizes simplicity, precision, and purpose, reinforcing DXC's role as a trusted partner in navigating exponential change [10]