Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, Mastercard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Stocks
CFD
U.S. stock CFD derivatives
US Stocks
Access real US stocks and ETFs
HK Stocks
Trade quality Hong Kong-listed stocks
Stock Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
IPO Access
Unlock full access to global stock IPOs
GUSD
Mint GUSD for Treasury RWA yields
Stocks Activities
Trade Popular Stocks and Unlock Generous Airdrops
Earn
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
IPO Access
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
flower_head
More
Promotions
AI
Others
TradFi
2026 World Cup
Rewards
Square
Latest
Hot
News
Profile

AI threats intensify, Accenture's stock price drops to its lowest level since 2017

MarsBitNews
Mars Finance News, June 20—According to the UK’s Financial Times, consulting firm Accenture’s shares fell 18% on Thursday, closing at their lowest level since 2017. Previously, the company cut its revenue outlook, raising concerns among investors that the rapid development of AI is weakening traditional IT consulting and outsourcing business models. Accenture said that, in the three months through the end of May, new orders fell to $19.3 billion, down 3% year over year. The company expects full-year revenue growth of no more than 4%, below the top end of its prior guidance range of 3% to 5%. Accenture’s market value has dropped from more than $200 billion after the post-pandemic consulting boom to under $80 billion. Accenture CEO Julie Sweet said the company is still winning AI-related consulting business from enterprises, but investors worry that AI will lead clients to reduce their reliance on consultants, or bring new competition from AI startups. She also said that the Middle East war has had an impact on revenue in the most recent quarter that is $100 million greater than expected, and has caused other regional clients to slow their decision-making. Accenture is looking for new growth areas and has significantly increased its acquisition budget; for this fiscal year, the acquisition budget will reach $9 billion. On Thursday, the company announced three cybersecurity-related acquisitions, including the acquisition of vulnerability assessment firm runZero, device security company NetRise, and a majority stake in operational technology cybersecurity company Dragos; the three deals total an enterprise value of $4.2 billion.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments

  • Pinned

Sitemap