Tesla’s stock closed at its lowest point since October 2024 on Monday, wiping out all post-election gains. Investors who previously viewed the company as a key winner from the Trump presidency are now pulling back due to concerns about Musk’s leadership and the company’s operational challenges.
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