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ACCENTURE STOCK DROP
IT nightmare on loop, Accenture's 20% fall highlights AI disruptionIndian tech stocks experienced a sharp decline Friday, mirroring a significant drop in global IT giant Accenture due to weaker-than-expecte...- US Stock Market: Accenture’s AI transformation faces investor skepticism as stock plunges; CEO Julie Sweet remains confidentAccenture's shares plunged nearly 20% after its fiscal third-quarter results revealed weaker-than-expected bookings and a softer outlook. C...
- Why did market fall today? Sensex slumps 600 points, Nifty closes below 24,050. IT selloff among 5 key triggersIndian equities experienced a sharp decline on Friday, snapping a five-day winning streak as IT stocks faced heavy selling pressure. Weak g...
- Rs 40,000 crore gone in minutes! Why Infosys shares crashed 9% to hit lowest level in almost 6 yearsInfosys share price: Infosys shares plummeted 9% to a near 6-year low, losing nearly Rs 40,000 crore in market cap. This follows Accenture'...
- Indian IT is a trade, not an investment, and the market just got the memo: Sandip SabharwalAccenture's slump signals headwinds for Indian IT, with Sandip Sabharwal viewing them as trading plays rather than long-term investments du...
- TCS, Infosys, Wipro, other IT stocks crash up to 8% as Accenture lowers FY26 guidanceIndian IT stocks, including TCS and Infosys, tumbled up to 8% after Accenture lowered its annual revenue growth forecast, signaling continu...
- These large- mid- and small-cap stocks can give more than 25% return in 1 year, according to analystsAs the bulls attempt another serious comeback, the market again faces a familiar question: Are valuations still too high, or have they reac...
- Accenture's weak bookings raise AI fears, but Indian IT may weather the storm: Sandip AgarwalAccenture's recent earnings reveal a sharp decline in new bookings and a reduced guidance, sparking concerns about AI's impact on the IT se...
- Infosys ADRs crash over 8%, Wipro falls 6% after Accenture cuts annual revenue forecastInfosys and Wipro ADRs plunged following Accenture’s reduced FY26 revenue forecast. This downgrade highlights enterprise caution regarding ...
- US stocks: US market advances as Iran deal optimism offsets hawkish Fed; Intel soarsWall Street's major indexes saw gains on Thursday, with technology shares spearheading the advance. Optimism surrounding a potential Middle...
- Markets have moved on from geopolitics, broader rally underway: Anurag SinghInvestor sentiment is stabilizing, shifting focus from dominant tech stocks to broader market participation. Anurag Singh of Ansid Capital ...
- 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...
- Infosys, other IT stocks slide up to 2% after Accenture reports Q4 resultsIndian IT stocks experienced a decline following Accenture's Q4 results, which revealed a 7% year-on-year revenue growth. Despite this grow...
- Accenture guidance spooks D-Street, investors trim IT betsAccenture's lowered revenue growth guidance triggered a sell-off in Indian IT stocks, with the Nifty IT index falling 1.5%. Investors are c...
- Infosys, TCS and HCL Tech shares shed up to 3% after Accenture results dampen sentimentShares of IT stocks, including TCS, HCL Tech, and Infosys, fell up to 3% after Accenture’s revised revenue growth forecast for fiscal 2025....
- 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...
- Accenture earnings harbinger of bad news for 3 Indian IT stocks. Sell or hold?Accenture's 4% YoYcc growth in 4QFY23, at the mid-point of its 2-6% guidance, was the sixth straight quarter of revenue deceleration for th...
- 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...
- Infosys, Wipro ADRs slump on NYSE as Accenture offers bleak growth outlookAccenture, which released its earnings for the three months ended August, guided a meagre 2-5% growth in annual revenue in the backdrop of ...
- Accenture’s strong quarterly performance indicates better demand scenario for Indian IT packTata Consulting Services (TCS), Infosys, Wipro, earn over two-third revenue from the US market, making it the biggest source of revenue.
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