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Accenture Soars 23% as Record Bookings Dispel AI Demand Fears; Infosys Jumps 8%, IBM Climbs 5%

Source: 247wallst.com

Artificial IntelligenceCompany FundamentalsInvestor Sentiment & Positioning
Accenture Soars 23% as Record Bookings Dispel AI Demand Fears; Infosys Jumps 8%, IBM Climbs 5%

Accenture reported a record year of bookings, countering investor concerns that AI could erode demand for consulting services. Shares surged 23% to $225 as the bookings performance provided evidence that AI-related disruption has not hollowed out the company’s consulting pipeline.

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