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VOL. I·NO. 01
WEDNESDAY, OCTOBER 7, 2026
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  1. 001Channel News AsiaOCT · 01English

    Accenture's forecast eases AI disruption fears, lifts battered IT services stocks

    Accenture's stronger-than-expected revenue forecast and optimistic fiscal 2027 guidance sparked a 22% surge in its shares, easing investor concerns about AI disruption in IT services. The company's resilience, driven by strong demand from enterprises adopting AI and automation, lifted shares of competitors including IBM, Cognizant, Wipro, and Infosys. However, Accenture noted pricing pressures as clients seek savings from AI implementation.