Accenture Posts Strong Earnings, Stock Surges on AI Disruption Reassurance
Accenture's shares rose after the consulting firm reported better-than-expected fiscal fourth-quarter earnings, alleviating concerns that artificial intelligence could disrupt the consulting sector. Revenue for the quarter reached $18.7 billion, exceeding analyst expectations.
Shares of Accenture advanced after the consulting firm reported stronger-than-expected fiscal fourth-quarter earnings, easing worries that artificial intelligence could disrupt the consulting sector. 7 billion, topping analysts' expectations.