The US dollar is gaining strength. This is impacting commodity prices. Gold and oil prices are expected to fall. The US dollar index is at a crucial level. If it crosses this level, the dollar will strengthen further. Oil production in the US is also high. This will keep oil prices stable.
Accenture shares tank 11% despite beating Q3 revenue estimates. Infosys ADRs fall 3%
Accenture’s shares plummeted despite exceeding third-quarter revenue expectations, driven by AI-related service demand. The company faces challenges from reduced U.S. federal contracts. Consequently, Indian IT