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Accenture's weak bookings raise AI fears, but Indian IT may weather the storm: Sandip Agarwal
Accenture's recent earnings reveal a sharp decline in new bookings and a reduced guidance, sparking concerns about AI's impact on the IT services industry. While AI isn't officially blamed, the significant drop in orders suggests a deflationary effect. However, Indian IT firms are expected to remain resilient due to different geographical exposure and operational strengths.
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economictimes.indiatimes.com
Accenture cuts revenue outlook, stock crashes 11% in pre-market trading
Accenture has lowered its annual revenue growth forecast. Companies are still cautious about spending on technology. This is happening even as they invest in artificial…
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cryptobriefing.com
Accenture warns of lower revenue growth as AI disrupts IT consultancy
Accenture's stock drops over 30% as AI automation threatens its IT consulting model, even as the firm posts $2.2 billion in AI bookings and $18 billion in
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thenextweb.com
Accenture stock drops 20%, buys $4.18bn of cybersecurity
Accenture shares fell a record 20% on fears AI is disrupting consulting, even as it agreed to buy Dragos, runZero, and NetRise for $4.18bn in cybersecurity.
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zerohedge.com
Accenture Crashes Most On Record As AI Threatens Consulting Demand
" ... especially in light of recent advancements in AI models and agentic capabilities."
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garymarcus.substack.com
Accenture: Then and now, and how it may signify things to come
Blip, or one more data point that is on trend?
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TCS, Infosys, Wipro, other IT stocks in focus as Accenture lowers FY26 guidance; ADRs crash up to 10%
Accentures trimmed FY26 revenue guidance and softer outlook on discretionary IT spending triggered a global sell-off, dragging Indian IT ADRs, with Infosys falling 10% and Wipro…
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channelnewsasia.com
Indian IT stocks tumble as bellwether Accenture flags weak outlook
BENGALURU, June 19 : India's Nifty IT index slumped 5.6 per cent on Friday after industry bellwether Accenture forecast quarterly sales below Wall Street view and lowered the…
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India's Nifty IT index at three-year low as bellwether Accenture flags weak outlook
BENGALURU, June 19 : India's Nifty IT index fell to a three-year low on Friday after bellwether Accenture forecast quarterly sales below Wall Street view, cut its annual revenue…
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Explained: Why Accenture's warning sparked a Rs 1.35 lakh crore meltdown for TCS, Infosys, other IT stocks
Indian IT majors faced a brutal sell-off, losing Rs 1.35 lakh crore after Accenture's revenue guidance cut. Structural fears around AI replacing traditional services and…
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timesofindia.indiatimes.com
Infosys, TCS & other Indian IT stocks crash! How Accenture’s warning has led to big sell-off - what brokerages are saying
Indian IT stocks crashed on Friday as growing disruption fears from artificial intelligence weighed on major stocks such as Tata Consultancy Services (TCS), Infosys, Tech…
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Accenture's weak bookings raise AI fears, but Indian IT may weather the storm: Sandip Agarwal
Accenture's recent earnings reveal a sharp decline in new bookings and a reduced guidance, sparking concerns about AI's impact on the IT services industry. While AI isn't…
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Accenture signals caution, but analysts see long-term IT opportunity
Accenture's earnings signal tough times for IT services. Indian IT firms face weak demand and cautious client spending. While valuations are low, a gradual recovery is expected.…
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morningstar.com
Indian IT Stocks Stumble, Following U.S. Peers as AI Angst Resurfaces
By Kimberley Kao and Fabiana Negrin Ochoa
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expansion.com
La acci�n de Accenture cae a su nivel m�s bajo desde 2017 ante la creciente amenaza de la IA
Las acciones de Accenture se desplomaron el jueves hasta su nivel m�s bajo desde 2017 despu�s de que el grupo de consultor�a recortara sus previsiones de ingresos. Esto ha...
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US Stock Market: Accenture’s AI transformation faces investor skepticism as stock plunges; CEO Julie Sweet remains confident
Accenture's shares plunged nearly 20% after its fiscal third-quarter results revealed weaker-than-expected bookings and a softer outlook. CEO Julie Sweet insists the current phase…