Accenture plc (NYSE:ACN) reported fourth-quarter results on October 1 that beat its own guidance, and the shares rose 15.78% in a single session. The size of that reaction says more about what investors feared than about the quarter. Accenture had become the clearest way to bet against consulting in the age of AI, on the theory that a client able to rebuild its own systems stops paying someone else to do it. What the results showed instead was clients committing to more work, not less. That is the whole argument about this company, and it is really an argument about what Accenture sells. READ ALSO:11 AI Stocks That Will Go to the Moon.Accenture (ACN) Was Supposed to Be an AI Casualty. Is the Market Changing Its Mind?
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