Here's our initial take on Accenture's (ACN -7.03%) fiscal 2025 third-quarter financial report.Key MetricsMetricQ3 FY24Q3 FY25Changevs. ExpectationsRevenue$16.5 billion$17.7 billion7.6%BeatEarnings per share$3.04$3.4915%BeatFree cash flow$3.0 billion$3.5 billion17%MissedNew bookings$21.1 billion$19.7 billion-6%n/aAccenture Finds Growth in Challenging EnvironmentAccenture posted solid growth in a difficult period for consulting companies. Corporate customers are scaling back due to macroeconomic uncertainty, ...

Amazon CEO Andy Jassy ominously warned Tuesday that he expects the rise of generative artificial intelligence to “reduce” the company’s corporate workforce in the next few years.The Amazon boss, who replaced Jeff Bezos as CEO in 2021, said generative AI is a “once in a lifetime” technology that “should change the way our work is done” as the company integrates it into its business operations.As a result, Amazon will “need fewer people doing some of the jobs that are being done today, and more people doing o ...