Markets.News
IBM (NYSE: IBM) experienced a drop in its stock price in Thursday trading following Accenture (NYSE: ACN) revising its fiscal guidance for 2026. Accenture adjusted its full-year sales forecast to a range of $71.763 billion to $72.460 billion, down from the previous estimate of $71.763 billion to $73.157 billion. Industry analysts are projecting an annual revenue of $74.006 billion for Accenture. The company also raised its adjusted EPS guidance to a range of $13.65 to $13.90. This change in guidance led to a broader selloff in the information technology services market.