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Global MarketsJuly 30, 2026 at 12:31 AM

Accenture (ACN): Growth Funds Excluding AI-Driven Stocks

724FinanceKemal Tekin

Accenture (ACN): Growth Funds Excluding AI-Driven Stocks

Carillon Eagle Growth & Income Fund's Q2 2026 report highlighted weaker performance for Accenture (ACN) shares due to government contract cancellations and slowing demand amid AI uncertainty. While the company proved its 2026 targets, investors remain cautious. ACN saw a 52-week decline of 44.76% while posting a 23.80% one-month gain. The fund, with a $94.28 billion market cap, emphasized financial resilience but noted AI stocks as lower-risk alternatives. How will markets react to this shift?