On news of a fresh business partnership, investors eagerly snapped up shares of top consultancy Accenture (ACN 2.81%) on Monday. They pushed the company's stock up by almost 3% in price on the day, comparing favorably to the 0.6% rise of the S&P 500 (^GSPC 0.55%).
HANOVER, Germany--(BUSINESS WIRE)--Siemens and Accenture are advancing their long-standing alliance partnership to help clients reinvent and transform engineering and manufacturing.
Accenture stock price has imploded this year as concerns about its US government business continued. ACN has dropped in the last six consecutive weeks and is hovering near its lowest level since July last year.
Accenture disclosed Thursday (March 20) that it has lost sales and revenue in its Accenture Federal Services business unit and faces continuing uncertainty due to the Trump administration's efforts to operate the government more efficiently.
Accenture's strong market position, aggressive M&A strategy, and focus on AI and cloud computing drive impressive growth despite government spending cuts and global uncertainty. The company reported solid Q2 2025 earnings with $20.9 billion in new bookings and continued dividend growth, supported by a lean operational model. Risks include government spending cuts, global economic uncertainty, a...
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