US stocks today: Microsoft cloud revenue accelerates as spending growth coolsMicrosoft's cloud revenue saw a jump in the March quarter. Spending on infrastructure was lower than anticipated. This performance aims to ...
30 Apr, 2026, 01.50 AM IST
Cautious FY27 outlook for IT sector amid macro headwinds and AI transition: Sumeet JainIndian IT firms face a period of measured growth in FY27. Global economic uncertainty and geopolitical risks are key challenges. While AI p...
09 Apr, 2026, 03.14 PM IST
Accenture beats quarterly revenue estimateAccenture has surpassed revenue forecasts for the first quarter. Strong demand for its artificial intelligence IT services fueled this grow...
18 Dec, 2025, 05.33 PM IST
Accenture’s layoff tally surpasses 11,000; CEO Julie Sweet cites AI, restructuring effortsThe job cuts are part of an $865 million restructuring programme, said the CEO. However, the global consulting firm is also upskilling over...
27 Sep, 2025, 02.31 PM IST
Accenture beats third-quarter revenue estimatesAccenture exceeded Wall Street's revenue expectations for the third quarter, achieving $17.7 billion against an estimated $17.30 billion. T...
20 Jun, 2025, 06.46 PM IST
Infosys, Wipro ADRs jump 3% on Accenture's Q1 revenue beat, guidanceInfosys and Wipro ADRs surged nearly 3% after Accenture's strong Q1 earnings beat. Accenture's revenue growth was driven by increased deman...
19 Dec, 2024, 10.16 PM IST
Accenture's revenue outlook cut sends IT stocks crashingInvestors reduced IT shares post Accenture's lowered revenue guidance, impacting Nifty IT, TCS, Infosys, Cyient, Mastek, LatentView, LTI Mi...
23 Mar, 2024, 09.13 AM IST
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...
22 Mar, 2024, 09.52 AM IST
ADRs of Wipro, Infosys slump as Accenture cuts guidance on clouded outlookThe IT industry has been grappling with sluggish demand for software and consulting services as high interest rates discouraged enterprises...
21 Mar, 2024, 08.20 PM IST
Accenture fans IT industry spending gloom with annual forecast cutAccenture now expects full-year revenue growth in the range of 1% to 3%, from its prior forecast of 2% to 5%. The firm has been grappling w...
21 Mar, 2024, 06.04 PM IST
ET Explainer: Should Indian IT companies be concerned about Accenture’s Q2 guidance?Discretionary spending is under pressure, decision-making is slow and small deals are fewer in number, as was the case in the recent quarte...
20 Dec, 2023, 05.07 PM IST
Accenture Q2 Guidance:Tech giant forecasts revenue in range of $15.40-$16 billionThe company expects revenue in the range of $15.40 billion to $16.00 billion. Analysts polled by LSEG forecast revenue of $16.29 billion.
19 Dec, 2023, 06.06 PM IST
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...
24 Sep, 2022, 06.00 AM IST
Accenture forecasts revenue below estimates on IT spending cut, higher dollarThe company forecast current-quarter revenue between $15.20 billion and $15.75 billion, compared with analysts' average estimate of $16.07 ...
22 Sep, 2022, 05.19 PM IST
Will Indian IT majors see Covid impact like Accenture did? There's one reason why they may notIndian IT services peers of Accenture have faced challenges during the first quarter (April-June) due to delay or cancellation of certain p...
28 Sep, 2020, 08.03 AM IST
Accenture narrows full-year growth guidance on uncertainty over Covid-19Accenture has narrowed its full-year revenue growth expectations, as Covid-19 continues to impact its clients' spending. Accenture has furt...
25 Jun, 2020, 07.16 PM IST
Accenture guidance cut signals hard times ahead for India ITIndian IT exporters generate substantial portion of their revenue from the US and European markets.
20 Mar, 2020, 02.44 PM IST