Outsourcing giant Infosys raised sales guidance for a third time. AI is helping. - MarketWatch
1. Infosys raised sales outlook due to AI adoption by clients. 2. Q3 profit rose 10% to $804 million; revenue increased 6% to $4.94 billion. 3. Margins improved by 0.8 percentage points to 21.3% year-over-year. 4. 101 new clients added, targeting 4.5% to 5.0% revenue growth. 5. Stock has risen 4% over the last 52 weeks, premarket up 0.5%.