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Accenture Stock Tumbles Toward Lowest Level Since 2017
The Wall Street Journal54d agobearish
Accenture Stock Tumbles Toward Lowest Level Since 2017

Accenture stock is plunging today in a decline that would be its worst on record if it holds through market close. The professional services firm warned Thursday that it could bring in less revenue than expected, dogged by turmoil in the Middle East and investor worries about its AI future.

Accenture (ACN) Tops Q3 Earnings Estimates
Zacks54d agobullish
Accenture (ACN) Tops Q3 Earnings Estimates

Accenture (ACN) delivered earnings and revenue surprises of +2.66% and -0.37%, respectively, for the quarter ended May 2026. Do the numbers hold clues to what lies ahead for the stock?

Investing.com54d agobullish
Accenture beats on FQ3 earnings; shares fall on Dragos, runZero, NetRise deals

Investing.com -- Accenture on Thursday reported fiscal third-quarter earnings and issued full-year guidance that topped Wall Street estimates, but shares fell more than 10% in premarket trading after the company also announced a roughly $4.175 billion acquisition spree in the cybersecurity space.

Bloomberg54d agobullish
Big Tech’s AI Spending Spree Is Making Stock Buybacks Disappear

(Bloomberg) -- The artificial-intelligence race is becoming so expensive that it’s snuffing out one of the key forces that has helped keep Big Tech stocks soaring for years: steady share buybacks.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingTrump Blows Through His Iran Red Lines in Justifying Peace DealIran’s Deputy Foreign Minister Confirms Deal Reached With USApple Plans Camera AirPods Alongside Upgrad

Accenture to take majority stake, acquire cybersecurity firms in $4.18 billion deal
Reuters54d agobearish
Accenture to take majority stake, acquire cybersecurity firms in $4.18 billion deal

Consultancy firm Accenture said on ‌Thursday it will ‌buy a majority stake ​in Dragos and fully acquire runZero and NetRise in a ‌combined deal ⁠valued at $4.18 billion. Shares of the ⁠Dublin, Ireland-based company fell about 5% ​in premarket ​trading. Separately, ​the company ‌also cut the top end of its annual revenue forecast.

Investing.com55d agobearish
Berenberg downgrades Cognizant as AI risks cloud IT services outlook

Investing.com -- Artificial intelligence-driven disruption is increasing pressure on the IT services industry, prompting Berenberg to turn more cautious on the sector as concerns grow over AI-led pricing deflation, uncertain value capture and a lack of near-term catalysts for a valuation recovery.

Italy's Engineering sells two units to Accenture
Reuters55d agobearish
Italy's Engineering sells two units to Accenture

June 17 (Reuters) - Italian digital transformation group Engineering said on Wednesday it would sell units Alfahealth and Industries eXcellence to global tech consulting company Accenture.

Italy's Engineering sells two units to Accenture
Reuters55d agobearish
Italy's Engineering sells two units to Accenture

Italian digital transformation group Engineering said on Wednesday ‌it would sell units Alfahealth and ‌Industries eXcellence to global tech consulting company ​Accenture. • Alfahealth and Industries eXcellence respectively offer digital solutions for Italy's healthcare ‌and industrial ⁠sectors. • Together they accounted for about 18% of Engineering's consolidated ⁠net revenues and 25% of adjusted core earnings (EBITDA) in 2025.

Italy's Engineering sells two units to Accenture
Reuters55d agobearish
Italy's Engineering sells two units to Accenture

June 17 (Reuters) - Italian digital transformation group Engineering said on Wednesday it would sell units Alfahealth and Industries eXcellence to global tech consulting company Accenture.

Investing.com57d agobearish
Accenture downgraded by Morgan Stanley as AI spending crowds out IT service demand

Investing.com -- Morgan Stanley downgraded Accenture to Equal-weight from Overweight and slashed its price target to $177 from $240, arguing that the anticipated boost to IT services spending from artificial intelligence investments has yet to materialize as enterprises continue to prioritize AI projects over traditional discretionary technology spending.

PowerFleet Q4 Earnings Call Highlights
MarketBeat57d agoneutral
PowerFleet Q4 Earnings Call Highlights

PowerFleet (NASDAQ:AIOT) said fiscal 2026 marked a major step in its post-combination strategy, with management pointing to stronger recurring revenue growth, higher profitability, improved cash flow and a reduced leverage profile during the company’s fourth-quarter and full-year earnings call. Chi

AI Turns Coders, Lawyers and Analysts Into Ghosts of London’s Past
Bloomberg58d agoneutral
AI Turns Coders, Lawyers and Analysts Into Ghosts of London’s Past

(Bloomberg) -- Search for “finance analyst” and you’re likely to find around 80 vacancies in London, according to a prominent recruitment website. If that seems like a surprisingly low number for one of the world’s biggest banking and corporate hubs, it’s because it is — four years earlier, the same website featured more than 350 of these roles.Most Read from BloombergWhy Musk Raced to Take SpaceX Public in the World’s Biggest IPOTrump Eyes Sunday Iran Deal But Tehran Says Still Reviewing TextAn

3 things investors Need to watch next week
Yahoo Finance Video60d agoneutralVIDEO
3 things investors Need to watch next week

Yahoo Finance's Jared Blikre takes a look at the top stories for investors to watch this week, including SpaceX's (SPCX) first full day of trading as a public company, Federal Reserve Chair Kevin Warsh's first interest rate decision on Wednesday, and earnings reports from Accenture (ACN) and The Kroger Co. (KR).