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AI Should Help, Not Hurt, Accenture. Consider Buying the Stock Ahead of Earnings.
Barrons.com72d agobullish
AI Should Help, Not Hurt, Accenture. Consider Buying the Stock Ahead of Earnings.

The market fears Accenture will be harmed by alternative intelligence. Shares of the $110 billion consulting company are down 33% this year, largely over AI-related concerns. As tools developed byAnthropic and OpenAI proliferate, fears grow that all sorts of business services and software companies will be displaced.

Market-Research Firm AlphaSense Clinches $7.5 Billion Valuation in New Funding Round
The Wall Street Journal73d agoneutral
Market-Research Firm AlphaSense Clinches $7.5 Billion Valuation in New Funding Round

Artificial intelligence market-research platform AlphaSense is being valued at $7.5 billion in a fresh round of funding, raising money from a slate of investors ahead of a possible initial public offering. AlphaSense’s new valuation is nearly double its $4 billion mark from its last fundraise in 2024. The company has raised $350 million from investors including private-equity firm Vitruvian Partners; the venture arm of consulting firm Accenture ; JPMorgan asset-management unit; Goldman Sachs Alternatives; and D.E. Shaw Ventures, AlphaSense Chief Executive Jack Kokko told The Wall Street Journal.

122-year-old bank closes more branches
TheStreet98d agoneutral
122-year-old bank closes more branches

Keeping an empty building open is expensive. And with more online and app options, it might not always make sense to have a physical place to shop. That is especially true of banks, where you can do everything from opening an account to depositing a check with a simple swipe of a button. ...