Economic TimesLean R·
US Stock Market: Accenture’s AI transformation faces investor skepticism as stock plunges; CEO Julie Sweet remains confident
Accenture's shares plunged nearly 20% after its fiscal third-quarter results revealed weaker-than-expected bookings and a softer outlook. CEO Julie Sweet insists the current phase reflects a multi-year AI-driven transformation, not structural weakness, as clients move from AI pilots to large-scale deployment.
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