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.
CNBC says SpaceX’s shares surge following its IPO Friday, forcing investors to reprice what “space” and “AI” are worth.
SpaceX exercised its option for Cursor in an all-stock deal worth $60 billion, reshaping AI dealmaking expectations.
What looks like a simple streaming bet is actually a $22 billion corporate reshuffle with board and regulatory gravity.
The stock’s first-day surge pushes SpaceX past $2 trillion, reshaping how investors and regulators think about private space risk.
A two-day post-IPO comment on X frames a trillion-dollar pace by 2030, with implications for investors and regulators.
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.
First-day trading for the aerospace and AI company turned an unprecedented IPO into a $2tn-style market reckoning for public-market readiness.
The IPO priced at $135, surged on Nasdaq and Texas, and immediately rewired how executives think about mega-debuts.
A $75 billion public raise before a record listing turns SpaceX’s next chapter into a trillionaire test for markets.
Elon Musk’s company is moving faster toward a market debut that could reset expectations for private space valuations and investor demand.
The Elon Musk company set a target price for buyers earlier than expected, putting a giant private valuation in the market’s spotlight.