💨 Abstract

Accenture raised its annual revenue forecast to 5-7%, up from 4-7%, due to increased demand for AI, cloud migration, and data security services. The company secured several large projects and invested $6.6 billion in acquisitions in FY24. Its GenAI business recorded $1.4 billion in new bookings in Q2. The revised forecast beat analyst expectations, and Accenture's shares rose 3% before the bell.

Courtesy: theprint.in

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