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ACCENTURE EARNINGS CALL
Andreessen Horowitz cofounder Marc Andreessen says AI beats humans in coding because 'AI never gets drunk, sick, or high' and never files 'HR complaints.'Venture capitalist Marc Andreessen believes AI coding agents are superior workers, citing their tireless nature and lack of human flaws. He...
Mutual funds cut technology sector exposure to 8-year low in April. Is AI disruption reshaping sentiment?Mutual funds have significantly reduced their technology sector exposure to an eight-year low, driven by concerns over AI disruption, slowi...
Bengaluru techie after quitting Rs 2.5 lakhs per month corporate job, now does odd jobs and travels: ‘Income has dropped but life is meaningful’Apeksha Jain traded a Rs 2.5 lakh monthly salary for a life of travel and simple work. After years in corporate roles, she found fulfillmen...
Infosys non-committal on pay hikes, keeps employees guessingInfosys management remained non-committal on salary revision timelines during a recent town hall, citing macroeconomic conditions and clien...
Before Mythos goes public, Indian IT also wants accessAI firm Anthropic is in talks with governments worldwide, including India, about safeguarding critical infrastructure. This is ahead of the...
Indian market faces AI narrative problem; it'll be smallcaps over largecaps for next 5 years: Manish GunwaniIndian stock market valuations are attractive. However, global investor focus on Artificial Intelligence is diverting capital away from eme...
IT stocks to rally on Wednesday? Infosys, Wipro ADRs surge up to 5%. Here's whyIT stocks may rally on Wednesday as Infosys and Wipro ADRs surged overnight, supported by strong gains in US tech stocks and easing fears o...
Accenture stock drops despite beating Q4 earnings estimate & strong revenue guidanceAcn stock today latest news: Accenture stock experienced a slight dip despite exceeding expectations in its fourth-quarter 2025 earnings re...
Accenture beats revenue estimates, plans $865 million restructuring amid AI shiftAccenture expects about $250 million in charges in the November quarter, on top of $615 million recorded in the fourth quarter, for a total...
AI bias, demand uncertainty hit pricing power of India’s ITIndia’s $280 billion IT sector faces pricing pressure due to uncertain demand and AI adoption. Competition is rising, deal rates are droppi...
Accenture quarterly numbers point to strong GenAI prospectsAccenture's latest earnings boost Indian IT sector outlook. GenAI bookings hit a record high. North American demand shows signs of recovery...
Is it a case of ‘no bad news is good news’ for IT companies now? Rahul Jain answersRahul Jain of Dolat Capital says that the guidance for the current fiscal has been very weak in the case of the IT companies that give expl...
IT stocks tumbling on Accenture guidance cut: Time to accumulate, says Sandip AgarwalSandip Agarwal says for Accenture, the challenge is on the discretionary side or on the consulting side, where we have small presence for s...
Accenture to lay off 19,000 people, 40% of its 7.38 lakh employees are in IndiaThe software services behemoth said currency headwinds and wage inflation had a direct impact on its decision to lay off employees.
IT majors under pressure from global eco troublesRecent management commentaries by IT companies show the impact of global macroeconomic pressures. HCL, in a recent investors’ meeting, said...
Accenture's Q4 performance, outlook indicates cost pressures on IT sectorDublin-based Accenture Plc forecast first-quarter revenue below analysts’ expectations, weighed down by IT spending cuts amid high inflatio...
Accenture consultants set to be data-backed storytellersAccenture will have all of its consultants in the next two years adopt the new model of data-focused storytelling that is built on data, ma...
Accenture’s BFSI commentary holds out some hope for Indian ITFears of a looming recession had lead banking and financial services companies, who contribute about a third of Indian IT’s revenue, to hol...
Tech budgets may rise soon as the new year brings winds of changeServices based on new technologies account for over half of its revenue. For most of the Indian IT companies digital contributes between 20...
Companies wasting billions on customer loyalty programmesAmong Indian consumers, 33% have a negative reaction when brands try to earn their loyalty, while a 25% think brands should do everything t...