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Wall Street Just Sold Off These IT-Services Stocks on AI Fears. Is the Sell-Off Overdone?
Accenture cut its revenue outlook and new bookings fell 2%, deepening investor concern that AI could erode demand for traditional services.
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Wall Street Just Sold Off These IT-Services Stocks on AI Fears. Is the Sell-Off Overdone?
Key PointsAccenture suffered its worst single-day stock drop on record after trimming its full-year revenue outlook.EPAM Systems and Cognizant have each been cut by half or more from their early-2026 highs.IBM, with far more software and recurring revenue, has held up much better than the project-based services firms.10 stocks we like better than International Business Machines › Shares of Accenture (NYSE: ACN) cratered about 18% on June 18 -- t…
·Alexandria, United States
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