Surprising rebound after AI concerns! Accenture with record quarter boosts stock!
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Numbers increased disproportionately: Revenue for Q4 reaches $18.68 billion, significantly surpassing forecasts Margins expand: The operating GAAP margin increased by 370 basis points to 15.3% in Q4 Strategic alliances: New initiatives with AWS in the mid-market as well as Google Cloud and Volvo in the automotive sector underscore the growth strategy After several quarters of stagnation and concerns about a slowdown in growth due to generative artificial intelligence, IT consulting firm Accenture (ACN) demonstrated unexpected operational...
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