Accenture exceeded fourth-quarter revenue forecasts on rising demand for its generative AI services.
Accenture (ACN) shares soared on Thursday after the business management consulting firm surpassed fourth-quarter revenue forecasts, driven by rising demand for its generative AI services. The company also provided solid guidance, increased its dividend, and expanded its stock buyback program.
Accenture reported…
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Apple is positioned for a strong growth cycle driven by artificial intelligence, according to Wedbush analysts who increased their estimates for iPhone 16 shipments.
The analysts lifted their estimates to 90 million based on recent Asia market checks and and estimated 300 million iPhone users who may be ripe for device upgrades.
The…