India's Nifty IT index slumped 5.6% on Friday after industry bellwether Accenture forecast quarterly sales below Wall Street view and lowered the upper end of its annual revenue outlook due to weakness in its Middle East business. Shares of Indian IT companies, including Tata Consultancy Services, Infosys, and HCL Tech fell between 5% and 8%. India's $315 billion IT sector has faced investor concerns that AI could disrupt its traditional, labour-intensive business model.
News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
June 19 (Reuters) - Indian shares are set to open lower on Friday, snapping a five-session winning streak, as renewed concerns over Middle East tensions and a weak read-through from Accenture's
Progress toward a peace deal with Iran outweighed hawkish undertones from Fed Chair Kevin Warsh. Plus, the Knicks’ market impact.
Accenture PLC (ACN) reports a 6% revenue increase and 9% EPS growth, while navigating geopolitical impacts and macroeconomic uncertainties.
The consulting firm now expects full-year revenue growth of 3% to 4%, down from a prior forecast of 3% to 5%, citing weakness in its U.S. federal business
Find insight on Accenture, Informa, Anthropic and more in the latest Market Talks covering technology, media and telecom.
Shares fall 17% as CEO says the IT consulting firm will bring in less revenue than expected in the coming months
For Q3, revenue came in at $18.72 billion, up 6% from last year but below the Koyfin consensus estimate of $18.75 billion.

Yahoo Finance's Josh Lipton takes a look at the top stories for investors to watch on Thursday, Jun. 18, including Accenture (ACN) and Kroger (KR) earnings, initial jobless claims, and weekly mortgage rates.
Accenture's latest earnings are slated to be released Thursday morning, with traders anticipating a big swing from the IT and consulting firm's stock.
Global professional services company Accenture (NYSE:ACN) will be reporting earnings this Thursday before the bell. Here’s what to look for.
Accenture plc will release earnings for its third quarter before the opening bell on Thursday, June 18. Analysts expect the company to report quarterly earnings of $3.71 per share, up from $3.49 per share in the year-ago period. The consensus...
PowerFleet (NASDAQ:AIOT) said fiscal 2026 marked a major step in its post-combination strategy, with management pointing to stronger recurring revenue growth, higher profitability, improved cash flow and a reduced leverage profile during the company’s fourth-quarter and full-year earnings call. Chi
US equity investors will focus this week on Kevin Warsh's inflation assessment at his first rate-set
(Bloomberg) -- Search for “finance analyst” and you’re likely to find around 80 vacancies in London, according to a prominent recruitment website. If that seems like a surprisingly low number for one of the world’s biggest banking and corporate hubs, it’s because it is — four years earlier, the same website featured more than 350 of these roles.Most Read from BloombergWhy Musk Raced to Take SpaceX Public in the World’s Biggest IPOTrump Eyes Sunday Iran Deal But Tehran Says Still Reviewing TextAn
Yahoo Finance's Jared Blikre takes a look at the top stories for investors to watch this week, including SpaceX's (SPCX) first full day of trading as a public company, Federal Reserve Chair Kevin Warsh's first interest rate decision on Wednesday, and earnings reports from Accenture (ACN) and The Kroger Co. (KR).
The shop has managed more than $600 million in creator campaigns and is credited with its creative and measurement expertise.
Artificial intelligence market-research platform AlphaSense is being valued at $7.5 billion in a fresh round of funding, raising money from a slate of investors ahead of a possible initial public offering. AlphaSense’s new valuation is nearly double its $4 billion mark from its last fundraise in 2024. The company has raised $350 million from investors including private-equity firm Vitruvian Partners; the venture arm of consulting firm Accenture ; JPMorgan asset-management unit; Goldman Sachs Alternatives; and D.E. Shaw Ventures, AlphaSense Chief Executive Jack Kokko told The Wall Street Journal.
Nutanix (NTNX) delivered earnings and revenue surprises of +35.10% and +2.53%, respectively, for the quarter ended April 2026. Do the numbers hold clues to what lies ahead for the stock?
Accenture’s stock price has taken a beating over the past six months, shedding 29.8% of its value and falling to $168.41 per share. This may have investors wondering how to approach the situation.
Keeping an empty building open is expensive. And with more online and app options, it might not always make sense to have a physical place to shop. That is especially true of banks, where you can do everything from opening an account to depositing a check with a simple swipe of a button. ...