What is Accenture’s (ACN) Economic Moat, and is it Widening or Narrowing?

Accenture plc (NYSE:ACN) reported fourth-quarter results on October 1 that beat its own guidance, and the shares rose 15.78% in a single session. The size of that reaction says more about what investors feared than about the quarter. Accenture had become the clearest way to bet against consulting in the age of AI, on the […]