SOFIA, Bulgaria--(BUSINESS WIRE)--Accenture (NYSE: ACN) has agreed to acquire GemSeek, a leading customer experience analytics provider helping global businesses understand customers through insights, analytics and AI-powered predictive models. The acquisition underscores ongoing investment by Accenture Song—the world’s largest tech-powered creative group—in data and AI capabilities to help clients grow their business and sustain relevance with customers. Founded in 2011, GemSeek offers expertise in adva ...

Dilok Klaisataporn Beating the S&P 500 The S&P 500 Index is arguably the most popular equity index in the United States, it is also one of the most difficult indices to beat. Many investors, professionals and amateurs alike, have tried accomplishing this feat for decades and most come up short, especially when measured over longer timeframes. One reason why beating the S&P 500 is so difficult is because the skewed pattern of market returns stacks the odds against you. Average S&P 500 returns are driven ...

A new research has shed light on the number of publicly traded companies with extensive connections to the United States government. Conducted by the stock market tracker Quiver Quant, the research ranked companies under the ‘DC Insider Score,’ considering three key areas: congressional stock trading, corporate lobbying, and government contracts.The methodology assessed the extent of a company’s presence in the portfolios of US Congress members over the past year, its lobbying efforts influencing government ...

NEW YORK & ATLANTA--(BUSINESS WIRE)--Accenture (NYSE: ACN) has entered into an agreement to acquire Insight Sourcing, a provider of strategic sourcing and procurement services. Insight Sourcing will broaden Accenture’s sourcing and procurement services for private equity companies and the consumer goods, retail, technology and industrial industries. Insight Sourcing helps its clients optimize costs when sourcing and negotiating contracts for direct materials (e.g., metals, electronics, food ingredients, ...

In the latest trading session, Accenture (ACN) closed at $368.48, marking a +0.5% move from the previous day. The stock's change was more than the S&P 500's daily gain of 0.06%. Meanwhile, the Dow experienced a rise of 0.13%, and the technology-dominated Nasdaq saw an increase of 0.24%.The the stock of consulting company has risen by 6.17% in the past month, lagging the Business Services sector's gain of 7.07% and the S&P 500's gain of 6.45%.Market participants will be closely following the financial result ...

AI stocks with millionaire potential continue to capture the spotlight in the whirlwind of tech evolution. From relative obscurity in 2021 to becoming the cornerstone of modern investment, the AI sector’s journey has been extraordinary. Skeptics are likely to caution against the hype, yet the undeniable advancements and the transformative power of AI command attention. With PricewaterhouseCoopers (PwC) projecting AI’s contribution to the global economy at a staggering $15.7 trillion by 2030 and McKinsey hig ...

So far, to the best of my knowledge, only three prominent stocks have surged tremendously as a direct result of the AI Revolution: Microsoft (NASDAQ:MSFT), Super Micro (NASDAQ:SMCI) and Nvidia (NASDAQ:NVDA) — of course. Microsoft is incorporating AI into its software and sells AI tools to many firms through its cloud infrastructure unit, Azure. Super Micro markets hardware used to develop and provide AI, while Nvidia sells the chips used to create the technology. But many firms will need help implementing A ...

WASHINGTON, Feb. 7, 2024 /PRNewswire/ -- Allocating internationally harmonized mid-band spectrum for 5G can unlock approximately $200B to America's economy over the next 10 years, according to a new study by Accenture (NYSE: ACN) commissioned by CTIA, the wireless industry association. There is a risk of America's wireless industry limiting its "future leadership of the global wireless ecosystem" if embracing 5G spectrum allocation is not fully supported. This could also impact adjacent industries that leve ...

The latest trading session saw Accenture (ACN) ending at $372.95, denoting a +0.55% adjustment from its last day's close. The stock lagged the S&P 500's daily gain of 1.07%. Elsewhere, the Dow gained 0.35%, while the tech-heavy Nasdaq added 1.74%.Heading into today, shares of the consulting company had gained 10.03% over the past month, outpacing the Business Services sector's gain of 3.12% and the S&P 500's gain of 2.93% in that time.The investment community will be paying close attention to the earnings p ...

The rapid emergence of artificial intelligence has confounded both skeptics and believers. The shift from obscurity in 2021 to widespread adoption and investment has been unprecedented. Today, we are in an AI race with the best AI stocks positioned to serve this innovation.While some market participants believe AI is overhyped, the significant strides should not be ignored. Here are some examples of how AI is permeating various industries. Nasdaq (NASDAQ:NDAQ) is using artificial intelligence to help detect ...