AIET Techabout 4 hours ago
Accenture cuts revenue outlook, stock crashes 11% in pre-market trading
2 min read
Accenture lowered its annual revenue growth forecast, causing its stock to crash 11% in pre-market trading. Companies remain cautious on technology spending despite investing in AI and cybersecurity. Accenture is acquiring cybersecurity firms to boost capabilities and expects Q4 revenue below estimates.
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