On October 8, 2026, stocks in consulting and IT services firms like Accenture, Gartner, and Cognizant surged about 5% after a report suggested OpenAI's revenue is nearing $50 billion, which caused AI infrastructure stocks to fall. This reversal happened despite no new official announcements from these companies, indicating investors were unwinding crowded AI trades. The rally highlights that firms helping integrate AI, such as Accenture and Cognizant, still show growth potential despite AI automation concerns. Future earnings reports, especially from EPAM, will be key to confirming sustained gains in this sector.
As of October 9, 2026, 18:11 WIB, Accenture trades at USD 208.60 with a modest 0.12% increase on Pluang. Gartner shows a stronger 1.00% gain, priced at USD 197.36, while Cognizant is slightly down by 0.17% at USD 59.91. EPAM Systems remains nearly flat with a 0.04% rise, trading at USD 113.91, reflecting cautious investor sentiment despite recent sector volatility.
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