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ACN News13 articles
ServiceNow Stock Dips Despite AI Platform Push and New Partnerships
ServiceNow shares fell 2.6% Friday as investors weigh AI risks. New tools and partnerships aim to bolster the platform's governance story.
IBM Q1 Earnings Preview: Software Growth, Red Hat, and AI in Focus
IBM is set to release its first-quarter financial results after Wednesday's market close. Investors will scrutinize software segment growth, the newly acquired Confluent's contribution, and Red Hat's performance for clues on the 2026 outlook.
Corn Futures Dip Despite Robust Exports; Accenture, Safran Show Value Gaps
Corn futures declined slightly on Friday even as export commitments surged 30% year-over-year. In equities, valuation models suggest potential undervaluation for Accenture and Safran, contrasting with recent stock performance.
Accenture Shares Gain on Strong Q2, Yet Cautious Outlook Weighs on IT Sector
Accenture posted better-than-expected fiscal second-quarter results and lifted its full-year revenue guidance. However, its third-quarter forecast fell short of analyst expectations, reflecting ongoing client caution on large-scale IT investments.
Wall Street Futures Drop on Oil Spike, Fed Caution, and Tech Weakness
U.S. stock futures declined Thursday amid surging oil prices and a cautious Federal Reserve outlook, with tech shares pressured by Micron's capital expenditure increase.
Palantir Shares Decline Despite AI Partnership Announcements
Palantir Technologies shares dropped 2.7% on Friday, underperforming broader markets, following announcements of new artificial intelligence and defense partnerships. The stock remains down nearly 14% for 2026 despite significant gains over the past year.
Accenture Shares Dip on Analyst Target Cut Ahead of Q2 Report
Accenture shares declined following a price target cut by Truist, which highlighted concerns over enterprise AI adoption and partner spending ahead of the company's upcoming quarterly results.
Accenture Surges 8% on Strategic AI Alliance with Mistral
Accenture shares climbed nearly 8% late Thursday following a new AI partnership with French startup Mistral AI. The deal provides Accenture's workforce with access to Mistral's AI products.
Cognizant Shares Rebound After Steep Drop, AI Concerns Linger
Cognizant stock snapped a four-session losing streak Friday, closing up 1.1% at $66.55. The rebound followed a sharp 7.2% decline on Thursday amid heavy trading volume.
Kyndryl Shares Rally Amid Internal Review and Outlook Reset
Kyndryl Holdings saw its shares climb approximately 9% in after-hours trading, extending a recovery from a sharp decline earlier in the week. The IT services provider is navigating a delayed quarterly filing and an internal audit committee review of its financial controls.
DXC Technology Shares Slide Amid Sector Downgrade, AI Initiatives in Focus
DXC Technology shares fell 4.5% as IT services stocks retreated following a UBS sector downgrade. The company reported a 1% revenue decline and launched new AI initiatives in London and via Amazon Quick.
Accenture Shares Slide on CEO Stock Sale and $1.4B Contract Challenge
Accenture stock fell 2.4% to $235.13, underperforming the market amid CEO share sales and a protest over a major U.S. Army cybersecurity contract.
Kyndryl Shares Stabilize After Steep Plunge on Regulatory Scrutiny, Leadership Changes
Kyndryl's stock found modest footing in premarket trading following a 55% collapse, triggered by a delayed SEC filing and an internal controls review. The IT services firm also announced the departure of its CFO and global controller.