$214.960
+1.419 (+0.66%)At close
ACN News
ACN Events
UMass Memorial Health Partners with Accenture and Microsoft to Modernize Data Platform
UMass Memorial Health, a not-for-profit healthcare system in Central Massachusetts, announced a multi-year initiative with Accenture (ACN) and Microsoft (MSFT) to modernize its data platform, which will enhance care delivery and operations and drive AI-powered innovation. As part of this strategic initiative, a unified data platform will replace siloed reporting systems and enable more advanced analytics across the organization by leveraging Microsoft Azure cloud-based technology. Accenture will introduce agentic AI tools to automate complex workflows and uncover insights that previously required significant manual effort. The transformation is expected to enhance speed, quality and security while lowering long-term infrastructure costs.
Accenture Partners with Workday to Launch FDE Program
The company states: "Accenture (ACN), in collaboration with Workday (WDAY) announced a joint forward deployed engineering - FDE - program to help organizations reinvent how work gets done in the age of AI. hrough the FDE program, Accenture and Workday will work alongside client HR and finance teams to bring agentic capabilities into production, helping organizations get Workday agents up and running faster and see ROI on their investments sooner. The teams will combine Accenture's function, industry, and engineering expertise with Workday's trusted agentic platform capabilities, working within clients' actual processes, data, policies and controls. The program will benefit from Accenture's own experience deploying and extending Workday's agentic capabilities at enterprise scale. These insights will help inform Workday product innovation and the approaches Accenture brings to clients."
Accenture Acquires UK Data Firm Sagacity
Accenture has acquired Sagacity, a UK-based data and customer intelligence firm, strengthening Accenture Song's capacity to deliver AI-powered customer reinvention at scale. The acquisition directly addresses growing client demand to connect data, AI and operations infrastructure into unified, outcome-focused programs that drive measurable business results. Terms of the transaction were not disclosed.
Notable Stock Gains for Medtronic and Others
Notable gainers among liquid option names this morning include Medtronic (MDT) $92.33 +3.84, Meta Platforms Inc (META) $746.15 +27.48, First Solar (FSLR) $184.45 +6.63, Biogen (BIIB) $232.73 +7.02, and Accenture (ACN) $215.31 +6.25.
Nasdaq Composite Falls 1.3% as Tech Stocks Struggle
S&P 500 slipped for the second consecutive day while losses on the tech-dominant Nasdaq Composite accelerated, with the index finishing lower by 1.3% on Thursday. Technology was by far the worst-performing sector in the benchmark S&P as AI buildout theme was thumped by a Financial Times report, stating that OpenAI's annualized revenues were closer to $50B at the end of September - well below the $70B figure previously circulated. Micron, Sandisk, Intel, Broadcom, Seagate, AMDand Oraclewere among the 20 worst stocks in the S&P 500, with losses of at least 4%. Meanwhile, software and IT services stocks such as Accentureand Gartner- names viewed to be most exposed to AI disruption - rallied by at least 5%.In the opening hour of the evening session, S&P e-minis and Nasdaq 100 contracts are up a decimal. In commodities, WTI Crude Oil was off the highs but still above $91 per barrel. Energy prices rallied sharply this morning on reports that U.S. may conduct heavy strikes on Iran before the US midterm elections.Check out this evening's top movers from around Wall Street, compiled by The Fly.HIGHER AFTER EARNINGS -Park Aerospace Corp.up 2.7%Oil-Dri Corporation of Americaup 1.0%ALSO HIGHER -XORTX Therapeuticsup 23.9% as company outlines anticipated clinical trial application for XRx-026Humanaup 12.7%, Clover Healthup 10.9% after CMS published 2027 MA - Medicare Part C - and Part D Star RatingsGinkgo Bioworks Holdings, Inc.up 1.0% after announcing it will provide autonomous lab access to NSF X-Labs researchersLOWER -AT&Tdown 6.6%, T-Mobiledown 6.6%, Verizondown 6.2% following announcement by SpaceXthat it has acquired a nationwide low-band spectrum license portfolio of up to 14 megahertz of paired spectrum in the 800 MHz band.Alignment Healthcaredown 23.1%, CVS Healthdown 3.1%, Cignadown 1.8%, Elevance Healthdown 1.6% after CMS published 2027 MA - Medicare Part C - and Part D Star RatingsBraemar Hotels & Resortsdown 3.3% after FY27 guidanceAmerican Expressdown 1.8% after announcing consent to Federal Reserve and OCC compliance orders
This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.