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ACCENTURE GUIDANCE
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...- Codex user base grows to 4 million; OpenAI says 1 million added in just 2 weeksOpenAI's coding assistant Codex now has over 4 million weekly developers, adding 1 million users in just two weeks. The company is now focu...
- Accenture’s Q2FY26 revenues of $18 billion point to stable demand for Indian ITAccenture’s results suggest stable demand but subdued growth for software outsourcing firms. Revenue rose 4% year-on-year, beating estimate...
- Accenture’s AI momentum strong, but revenue growth signals caution for IT sector: Sudip BandyopadhyayAccenture reports strong AI deal wins. This indicates a major shift in the IT sector where artificial intelligence is now essential. While ...
- TCS, Infosys, other IT stocks rise up to 3% on Accenture’s Q2 results. What are analysts saying?Indian IT stocks surged following Accenture's robust results, which beat revenue expectations and saw record bookings. The global IT giant ...
- 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...
- Accenture revenue guidance lifts sentiment at IT countersHCL Tech and Coforge gained 1.4% and 1.2%, respectively. Mphasis, Persistent Systems, Infosys and Tata Consultancy Services closed between ...
- 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...
- HCL Tech, TCS, Infosys, other IT stocks drop up to 5%. Blame it on AccentureIT giants' shares drop as Accenture reduces FY24 revenue forecast, impacting Nifty IT index. Global peer's muted guidance affects market vi...
- What does muted Accenture guidance mean for Indian IT companies? Apurva Prasad explainsThe decline in Accenture's consulting business is a significant factor in their first guidance, and the negative impact is felt in vertical...
- Accenture forecasts Q4 revenue below estimatesAccenture forecast current-quarter revenue in the range of $15.75 billion to $16.35 billion. Analysts on average expect revenue of $16.35 b...
- Largecap vs midcap: Accenture earnings show which IT companies may benefitAccenture is usually seen as a bellwether for the global IT sector, and analysts gauge the prospects for the Indian IT sector based on the ...
- 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...
- As Accenture ups FY22 guidance, D-St analysts pick their top Indian IT betsAccenture's strong Q3 performance and upward revision in local currency revenue growth guidance for FY22 indicate a robust demand environme...
- Accenture Q2 takeaways: Desi IT firms eye solid Q4 results, upgradesThe IT firm upgraded its guidance by 450 basis points, in addition to 700 basis points in the previous quarter, suggesting no impact of Rus...
- Accenture's guidance upgrade hints at strong growth for IT firms in FY23While the BSE Sensex was down over 250 points in early trade on Friday, Infosys, HCL Tech, TCS and Tech Mahindra gained up to 3 per cent an...
- Accenture raises revenue growth guidance for fiscal 2021Accenture, apart from raising its revenue growth guidance, has announced a one-time bonus for employees after stellar second-quarter result...
- Accenture guidance cut signals hard times ahead for India ITIndian IT exporters generate substantial portion of their revenue from the US and European markets.
- Don't go by Accenture guidance and get into IT: Santosh Singh, Haitong Securities‘As people get defensive, there may not be much demand for metal stocks today.’
- Accenture guidance triggers rally in Indian tech stocksAnalysts said Accenture’s results and management commentary reflect a positive global demand environment for IT services.
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