Accenture Stock Jumps as New Generative AI Bookings Power Results

Key TakeawaysAccenture exceeded fourth-quarter revenue forecasts on rising demand for its generative AI services.The business management consulting firm's new bookings were up 21% to $20.1 billion, and new generative AI bookings reached$1.0 billion.Accenture also raised its quarterly dividend and share repurchase program. Accenture (ACN) shares surged Thursday when the business management consultant reported better-than-expected revenue and gave solid guidance as it boosted bookings on higher demand for ge ...