Technology-based mutual funds have declined up to 18% in 2025 due to weak earnings and cautious client spending amid global uncertainties. Despite this short-term setback, experts believe it is a reasonable entry point for long-term investors, recommending a staggered approach while moderating return expectations.
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