IBM slide puts AI growth bets in focus as Accenture outlook hits techs
IBM shares slid Monday, down 1.8% at $244.57, hit as Accenture’s softer guidance weighed on IT services stocks. Accenture dropped 5.2% to $121.34 in early afternoon New York trading. Worries over AI’s impact on consulting work drove debate on whether it can boost profits or makes some projects less profitable for IBM and rivals.
