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.
Accenture's shares plunged nearly 20% following weaker-than-expected fiscal third-quarter bookings and a softer financial outlook. This performance has fueled investor skepticism despite CEO Julie Sweet's confidence. Sweet asserts the current phase reflects a multi-year…
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