1106 ET - Accenture sees AI as a tailwind for its business, a belief that runs counter to investors' concerns in recent months over whether the technology could replace some of the work it does for clients. "We continue to believe the opportunities related to AI are greater than the impact of AI related efficiencies in our business, and we expect that to continue as AI enables enterprises to do much more," CEO Julie Sweet says during a call with analysts. The comments come alongside better-than-expected quarterly results. The stock gains 18% to $217.45, on pace for its largest percent increase on record.
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