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The strategic partnership with a high-profile enterprise software provider could expand Wipro's addressable market and bookings, supporting a near-term stock move; lack of disclosed financial terms adds execution risk.
What happened, with direct paths to the underlying reporting
Wipro rose 4.67% pre-market after expanding its partnership with ServiceNow to deploy agentic AI workflows across core enterprise functions. The expanded collaboration broadens Wipro's AI-services portfolio and could accelerate enterprise adoption of ServiceNow's AI-enabled automation, potentially lifting bookings and revenue if client deployments scale.
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