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Why Accenture (ACN) Stock Is Down Today
StockStory54d agoneutral
Why Accenture (ACN) Stock Is Down Today

Shares of global professional services company Accenture (NYSE:ACN) fell 7.6% in the afternoon session after It extended its post-earnings selloff that erased nearly a quarter of the company's value in under a week.

Why Salesforce (CRM) Shares Are Sliding Today
StockStory54d agoneutral
Why Salesforce (CRM) Shares Are Sliding Today

Shares of CRM software giant Salesforce (NYSE:CRM) fell 1.8% in the afternoon session after a confluence of high-profile AI talent departures from Alphabet, and a regulatory overhang pulled the entire communication-services and software complex lower. Alphabet fell roughly 6%.

Why Fastly (FSLY) Stock Is Nosediving
StockStory54d agoneutral
Why Fastly (FSLY) Stock Is Nosediving

Shares of edge cloud platform Fastly (NASDAQ:FSLY) fell 5.2% in the afternoon session after a confluence of high-profile AI talent departures from Alphabet, and a regulatory overhang pulled the entire communication-services and software complex lower.

Oracle (ORCL) Stock Trades Down, Here Is Why
StockStory54d agoneutral
Oracle (ORCL) Stock Trades Down, Here Is Why

Shares of enterprise software giant Oracle (NYSE:ORCL) fell 5% in the afternoon session after a confluence of high-profile AI talent departures from Alphabet, and a regulatory overhang pulled the entire communication-services and software complex lower. Alphabet fell roughly 6%. Microsoft slipped as well. When the two largest software-adjacent megacaps decline together, the sector indices follow mechanically given their index weight. But the deeper driver was the market's persistent fear that AI

A Tale Of Two Accentures
Trefis54d agoneutral
A Tale Of Two Accentures

The consulting giant just slashed its forecast, sending shares to a new low. But behind the scenes, it's spending billions on a radical reinvention.