Stock Analysis | Epam Systems Outlook
Market Snapshot
Headline Takeaway: Despite strong inflow trends and a recent price rise of 8.95%, technical indicators remain weak — suggesting caution for potential buyers.
News Highlights
1. Trade Policy Uncertainty Presses Communications Sector
Recent confusion over U.S. trade policy has weighed on the communications sector, with shares of Netflix falling nearly 2%. While Epam Systems is not directly in this sector, the overall risk-off sentiment could indirectly impact broader tech momentum.
2. Tech and Defense Contractors Secure Major ICE Contracts
In early April, hundreds of tech and defense companies showcased their products at the Border Security Expo. Immigration and Customs Enforcement (ICE) awarded multiple contracts during the…
