WS #10097
Accenture reported mixed Q3 results with revenue missing estimates and narrowed FY26 sales guidance below expectations, sending shares down 13% despite announcing $4.18B in cybersecurity deals. Apple CEO Tim Cook said price increases are 'unavoidable' as AI-driven demand for memory chips drives up costs, potentially raising iPhone Pro prices by $270. Capital is rotating out of Magnificent 7 stocks and bitcoin into semiconductors, memory stocks, and AI infrastructure plays; Microsoft down 33% from highs, Meta down 28%, bitcoin down 50% from peak.
Accenture Q3 Miss and Weak Guidance
Accenture reported mixed Q3 results with revenue missing estimates and narrowed FY26 sales guidance below expectations, sending shares down 13% despite announcing $4.18B in cybersecurity deals.
Apple CEO Tim Cook said price increases are 'unavoidable' as AI-driven demand for memory chips drives up costs, potentially raising iPhone Pro prices by $270.
Capital is rotating out of Magnificent 7 stocks and bitcoin into semiconductors, memory stocks, and AI infrastructure plays; Microsoft down 33% from highs, Meta down 28%, bitcoin down 50% from peak.