Key Takeaways Accenture projects Q4 EPS of $2.98 and revenues of $17.3B, signaling year-over-year growth.GenAI bookings hit $1.5B in Q3, while revenues surpassed $700M, fueling client reinvention.ACN ended Q3 with $9.6B in cash and rising managed services demand.Accenture plc (ACN) is set to report fourth-quarter fiscal 2025 results on Sept. 25, before market open.The Zacks Consensus Estimate for earnings is pegged at $2.98 per share, suggesting 6.8% growth from the year-ago quarter’s reported level. The co ...

train Americans. Stop bringing in people to take our jobs. That's the idea behind President Donald Trump's latest plan to add a $100,000 fee for H-1B visas, a move that threatens to worsen already fraught ties with India.The H-1B visa program is used heavily by Indian outsourcing firms and the impact could be a blow to its $280 billion IT services sector that relies on deploying Indian workers abroad. Indianborn workers accounted for 72.3% of all H1B beneficiaries in the US fiscal year to September 2023. Fo ...

Core Viewpoint - ChowChow Cloud International (CHOW.US) has seen its stock price rise over 10% following its recent IPO, indicating strong market interest and confidence in its cloud solutions offerings [1] Company Overview - ChowChow Cloud International specializes in providing comprehensive cloud solutions, supporting companies throughout the entire cloud transformation process, including consulting, deployment, migration, and management [1] Market Performance - The stock price of ChowChow Cloud International reached $5.548, up from an IPO price of $4, reflecting a significant increase in value shortly after its market debut [1]

Core Viewpoint - ChowChow Cloud International's stock price increased over 10% after its IPO, indicating strong market interest and confidence in its cloud solutions services [1] Company Summary - ChowChow Cloud International, listed on the US stock market, had an IPO price of $4 and is currently trading at $5.548 [1] - The company is a pioneer in providing comprehensive cloud solutions, supporting the entire cloud transformation process from consulting, deployment, and migration to cloud environment construction and management [1]

Core Insights - ChowChow Cloud International (CHOW.US) shares rose over 10% to $5.548 following its IPO at $4 [1] - The company specializes in providing comprehensive cloud solutions, supporting the entire cloud transformation process for IT industry value chain companies [1] Company Overview - ChowChow Cloud International is a pioneer in offering one-stop cloud solutions [1] - The company provides services ranging from consulting, deployment, and migration to building and managing cloud environments [1] Market Performance - The stock price increase occurred shortly after the company went public on the US market [1] - The IPO price was set at $4, indicating a strong market reception [1]

Core Viewpoint - The imposition of a $100,000 fee on new H-1B applications by the US is expected to significantly impact Indian IT companies, leading to increased operating costs and a decline in stock performance within the sector [1][5]. Group 1: Market Performance - Information technology stocks were the worst performers on Monday, with the Nifty IT index dropping 3 percent and experiencing over $10 billion in market capitalisation erosion [1]. - The NiftyIT index has seen losses ranging from 1.7 to 4.7 percent, with mid-size companies like Persistent Systems, Coforge, LTIMindtree, and Mphasis falling between 4.3 to 4.7 percent [2]. - Over the past week, the NiftyIT index has declined by over 1000 points, attributed to slower deal-making in the US and pricing pressures [2]. Group 2: Revenue Impact - Despite a reduced dependency on H-1B visas, the US still represents nearly 60 percent of revenues for Indian IT companies, indicating a potential near-term negative impact on stock prices due to protectionist risks [3]. - Approximately 71 percent of H-1B visa beneficiaries are Indians, highlighting the significance of this visa category for the Indian IT sector [3]. Group 3: Cost Implications - The new H-1B visa fee will increase operating costs for Indian IT services companies, compounded by a potential 25 percent tax under the proposed HIRE Act for US companies outsourcing to foreign entities [5]. - The top 12 IT companies are expected to see an impact on their earnings ranging from 1.5 to 12 percent due to the new visa costs, affecting them by 14 to 188 basis points [6]. Group 4: Industry Outlook - InCred equities downgraded the IT sector's rating to Neutral from Overweight, citing new regulations as a factor contributing to macroeconomic uncertainty [7]. - Key challenges for FY27 revenues and EBIT margins include rising cost pressures, a decrease in onsite roles, and potential offshoring of existing onsite roles [7].

Core Insights - Tata Consultancy Services (TCS) is integrating NVIDIA's accelerated computing and AI Enterprise software into its retail technology offerings to help retailers implement AI tools rapidly and cost-effectively [1] - The collaboration aims to enhance retailers' operational efficiency and decision-making through advanced technologies like computer vision and digital twins [1][3] Group 1: Cost Efficiency - Utilizing TCS retail platforms with the NVIDIA stack could potentially reduce operating expenses by up to 75% compared to other systems [2] - TCS has developed specialized retail solutions, including generative AI for hyper-personalized content and AI-driven real-time competitor pricing insights [2] Group 2: Competitive Advantage - TCS aims to provide retailers with a competitive edge by combining deep domain expertise with next-generation technology [3] - The integration of NVIDIA's technologies allows retailers to automate operations and deliver personalized experiences [3][4] Group 3: AI Adoption and Training - TCS has established a dedicated NVIDIA business unit to unify NVIDIA's capabilities with TCS' expertise, accelerating AI adoption [4][5] - The company is leveraging NVIDIA's training resources to enhance staff skills in areas such as large language models and digital twins [4][5]

(Reuters) -The Trump administration's proposed $100,000 fee for new H-1B visas widely used by tech firms to hire foreign talent could deal a blow to the sector that relies heavily on skilled workers from India and China. The announcement prompted some big tech companies and banks to warn employees to stay in the U.S. or quickly return. India was by far the largest beneficiary of H-1B visas last year, accounting for 71% of approved beneficiaries. Here are some analysts' views on the implications of the ...

Group 1 - DXC is recognized as a leader in all categories across the US, AP&J, and Europe [1] - ISG emphasized DXC's leadership through its collaboration with ServiceNow, focusing on accelerating GenAI adoption and driving innovation [1]

Core Insights - Three IT services stocks, Ibex Ltd., 9F Inc., and GDS Holdings Ltd., have entered the top 10th momentum percentile rankings, indicating strong technical signals and increasing investor demand in the IT services sector [1][6]. Momentum Percentile Overview - Momentum percentile ranks a stock's price strength and volatility against peers, with higher percentiles indicating greater momentum, serving as a signaling tool for traders and investors [2]. Company Performance - **Ibex Ltd.**: Momentum percentile increased from 86.34 to 92.45, a rise of 6.11 points. The stock has risen 88.66% year-to-date and 103.78% over the past year, showing strong price trends across all time frames [7]. - **9F Inc.**: Momentum percentile advanced from 89.29 to 92.66, gaining 3.37 points. The stock is up 88.49% year-to-date, maintaining a strong price trend despite a poor growth ranking [7]. - **GDS Holdings Ltd.**: Momentum percentile jumped from 86.57 to 90.38, an increase of 3.81 points. The stock has advanced 68.08% year-to-date and 89.96% over the past year, indicating climbing investor appetite [7]. Sector Trends - The collective rise of these three companies into the momentum top decile reflects a growing trend of sector-specific strength, potentially driven by robust earnings, sectoral growth, or increased institutional interest [6].