Cognizant Technology Solutions CORP

• AA Auxier Asset Management Auxier Report: Fall 2026 ↗ Auxier Focus Fund tightened its emphasis on downside protection as debt-financed AI infrastructure spending, leverage and rising rates raised the risk of forced liquidations. The fund favored durable, founder-led businesses with free-cash-flow yields and strong balance sheets, while retaining short-term Treasuries until discounted opportunities emerge. Third Quarter 2026 META $1.6T0KFZ AMZN $2.9T +13

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