Yazılar

Accenture Forecast Miss Signals Weak IT Spending

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Accenture forecast third-quarter revenue below Wall Street expectations, reflecting continued caution among clients on large-scale IT spending.

The company expects revenue between $18.35 billion and $19.00 billion, with the midpoint slightly under analyst estimates. The outlook highlights ongoing hesitation among businesses to commit to major transformation projects amid economic uncertainty.

Enterprises are increasingly delaying or scaling back large IT investments, prioritizing cost control over expansion. This trend is affecting consulting and technology service providers that rely on long-term digital transformation contracts.

The forecast underscores broader weakness in corporate tech spending despite ongoing interest in emerging areas such as artificial intelligence.

X Restored After Brief Outage in US

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Elon Musk’s social media platform X experienced a brief outage affecting thousands of users in the United States before services were restored.

At the peak of the disruption, more than 34,000 users reported issues, according to outage-tracking platform Downdetector. The number of reports later dropped significantly as the platform recovered.

Downdetector compiles user-submitted reports to estimate service disruptions, meaning the actual number of affected users may vary.

X did not immediately comment on the cause of the outage.

Qualcomm Announces $20B Buyback

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Qualcomm has announced a new $20 billion stock buyback program as the semiconductor company moves to support shareholder returns following a decline in its share price.

The buyback comes amid market pressures tied to global memory shortages that are expected to slow smartphone production, affecting demand for mobile processors.

In addition to the repurchase program, Qualcomm also increased its quarterly dividend, reflecting its continued focus on returning capital to investors.

The company remains one of the largest suppliers of smartphone chips globally, serving major mobile device manufacturers.

At the same time, Qualcomm is working to expand beyond its traditional mobile business, investing in sectors such as data center processors and automotive technologies.

The strategy highlights efforts to diversify revenue streams while maintaining strong shareholder value initiatives.