Accenture becomes Elon Musk-led DOGE’s first corporate victim, sees decreasing shares after Donald Trump’s contract cut warning
Accenture, a leading consulting company, saw its shares plunged 7.3%. Accenture has been the first corporate entity to be the victim of the Trump administration’s DOGE as federal agencies reanalyse their contracts with the highest-paid consulting companies and cancel non-essential agreements.
Accenture stock fell 7% to $301 Thursday, registering its lowest share price since July as it lost close to $15 billion in ...
TD Cowen analyst Bryan Bergin wrote in a note that while the impacts of DOGE on Accenture are still uncertain, they’re a ...
Elon Musk’s offensive against federal spending is clawing back some of the $65 billion in consulting contracts, some of the ...
CEO Julie Sweet told investors on Thursday that the company was experiencing a notable slowdown in securing new contracts ...
Accenture (ACN), one of the largest in the outsourcing game, shed 7.3% on Thursday after management presented a sour outlook ...
Consultancy firm Accenture said on Thursday the Trump administration's efforts to reduce federal spending have led to delays ...
Accenture’s dim outlook stokes further uncertainty for India’s five largest software service providers including Tata ...
Accenture stock sank 8% Thursday after the professional services firm reported lower profit than analysts expected for its ...
And the Trump administration is preparing to escalate its effort.The administration plans to ask Accenture and other ...
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