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AI demand helps Accenture beat quarterly revenue estimates

Accenture reported 18.04 billion dollars in revenue for the second quarter. Robust demand for AI and cloud services drove these results and lifted its shares.

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Accenture plc reported second-quarter revenue that surpassed market expectations on Thursday, fueled by robust demand for artificial intelligence services and cloud migration strategies. The company's stock responded positively to the news, gaining more than 3% as investors assessed the firm's growth trajectory in a shifting technological landscape.

Miniature figurines with computers and smartphones are displayed in front of the Accenture logo. REUTERS/Dado Ruvic/Illustration
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