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Indian IT stocks tumble as bellwether Accenture flags weak outlook
Reuters97d agoneutral
Indian IT stocks tumble as bellwether Accenture flags weak outlook

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.

PowerFleet Q4 Earnings Call Highlights
MarketBeat101d agoneutral
PowerFleet Q4 Earnings Call Highlights

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

AI Turns Coders, Lawyers and Analysts Into Ghosts of London’s Past
Bloomberg102d agoneutral
AI Turns Coders, Lawyers and Analysts Into Ghosts of London’s Past

(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

3 things investors Need to watch next week
Yahoo Finance Video104d agoneutralVIDEO
3 things investors Need to watch next week

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).

Market-Research Firm AlphaSense Clinches $7.5 Billion Valuation in New Funding Round
The Wall Street Journal113d agoneutral
Market-Research Firm AlphaSense Clinches $7.5 Billion Valuation in New Funding Round

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.

122-year-old bank closes more branches
TheStreet138d agoneutral
122-year-old bank closes more branches

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. ...