Accenture’s $4.18bn play fails as AI fears spark a 20% worst-ever stock plunge
On Thursday, Accenture hit its biggest one-day drop on record after forecasting worries that AI could hollow out consulting.

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On Thursday, Accenture hit its biggest one-day drop on record after forecasting worries that AI could hollow out consulting.
Lovable, Replit, and others are raising billions as Big Tech both bets on and panics about AI-built software.
The IPO flips expectations: a rocket company lands among megacaps even while revenue is far smaller.
A US order bars foreign users, and Anthropic says it will comply by turning off its latest frontier models globally.
The largest IPO in history gives Elon Musk's rocket company a win, and signals how massive the next OpenAI and Anthropic deals could be.
The SpaceX IPO values the company around $1.77T and estimates Musk’s stake at $866.5B, with broad investor ripple effects.
The SPCX listing breaks records, but Japanese household investors quietly took a meaningful chunk of the biggest payday ever.
SpaceX moves from rumor to price point: $135 per share signals a new bar for private-market exits and public-market gravity.
A massive Google-SpaceX compute deal lands just a week before SpaceX’s IPO, signaling demand and leverage shifts in space infrastructure.
SpaceX wants to raise up to $75bn at $135 a share, but critics say the fixed-price deal may leave buyers overpaying before book building even starts.
A fixed $135 IPO roadshow price would put SpaceX at $1.75 trillion, a milestone that reshuffles how founders, boards, and public-market investors compare private and listed giants.
The horror hit crossed a massive box office line faster than most arthouse films ever do, reshaping what A24 can do in theaters.