Microsoft responds to Trump administration accusation that it abuses foreign worker programs

Impact · against what's priced in

The suspension of Microsoft and Adobe from the PERM program is a negative catalyst for MSFT due to its dependence on specialized AI talent, while it is largely noise for Cognizant as the market has already priced in tighter visa rules. The primary risk is the increased attrition or recruitment costs for high-skill AI roles that are central to Microsoft's growth trajectory.

MSFT−0.20

Challenges what's priced in

The price assumes