logo
Leading With Global Thinking In A Local-First World

Leading With Global Thinking In A Local-First World

Forbes10-06-2025

Global engagement isn't about choosing between here or there—it's about doing both better. Growth depends on strong local ecosystems and strong international partnerships.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Accenture (ACN) Q3 Earnings and Revenues Beat Estimates
Accenture (ACN) Q3 Earnings and Revenues Beat Estimates

Yahoo

timean hour ago

  • Yahoo

Accenture (ACN) Q3 Earnings and Revenues Beat Estimates

Accenture (ACN) came out with quarterly earnings of $3.49 per share, beating the Zacks Consensus Estimate of $3.30 per share. This compares to earnings of $3.13 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 5.76%. A quarter ago, it was expected that this consulting company would post earnings of $2.84 per share when it actually produced earnings of $2.82, delivering a surprise of -0.70%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Accenture , which belongs to the Zacks Computers - IT Services industry, posted revenues of $17.73 billion for the quarter ended May 2025, surpassing the Zacks Consensus Estimate by 2.56%. This compares to year-ago revenues of $16.47 billion. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Accenture shares have lost about 12.9% since the beginning of the year versus the S&P 500's gain of 1.7%. While Accenture has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Accenture: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $3 on $17.12 billion in revenues for the coming quarter and $12.72 on $68.75 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Computers - IT Services is currently in the top 36% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the broader Zacks Computer and Technology sector, Anterix (ATEX), has yet to report results for the quarter ended March 2025. The results are expected to be released on June 24. This wireless communications company is expected to post quarterly loss of $0.43 per share in its upcoming report, which represents a year-over-year change of +15.7%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Anterix's revenues are expected to be $1.58 million, up 25% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Accenture PLC (ACN) : Free Stock Analysis Report Anterix Inc. (ATEX) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research

Will NBIS' Tie-Up With NVDA Accelerate its AI Infrastructure Growth?
Will NBIS' Tie-Up With NVDA Accelerate its AI Infrastructure Growth?

Yahoo

timean hour ago

  • Yahoo

Will NBIS' Tie-Up With NVDA Accelerate its AI Infrastructure Growth?

In a major stride toward AI dominance, Nebius Group N.V. NBIS deepens its partnership with NVIDIA NVDA, aiming to deliver next-generation AI infrastructure across global markets. NBIS reported 385% year-over-year revenue expansion in the first quarter, reflecting strong momentum and growing demand in its core AI infrastructure business. Its recurring revenue model is growing, with management targeting a $750 million–$1 billion run-rate by 2025. While adjusted EBITDA is likely to remain negative for the full year, Nebius expects it to become positive at 'some point in the second half of 2025.'Robust growth momentum and rising demand for AI infrastructure support its lucrative investments. Per a report from Statista, the global AI market is projected to reach $1.01 trillion by 2031 at a CAGR of 26.6% from 2025-2031. This sharp increase creates a strong tailwind for companies like Nebius, which enables enterprise clients to leverage NVIDIA's Blackwell AI Factory Blackwell platform is designed to enhance inference performance, enabling businesses to achieve swift and more accurate outcomes from AI models. By integrating this advanced infrastructure, NBIS is well-positioned to meet the growing enterprise demand for scalable, high-performance AI solutions. Recently, it announced the general availability of NVIDIA GB200 Grace Blackwell Superchip capacity for customers in Europe, marking significant progress in its aim to build a global, full-stack AI infrastructure. This highlights Nebius' commitment to driving AI innovation across Europe by incorporating NVIDIA's advanced computing into its AI Cloud platform. Nebius Group N.V. price-consensus-chart | Nebius Group N.V. Quote NBIS has also expanded its global AI infrastructure with the deployment of NVIDIA Blackwell Ultra GPUs in the U.K. The initiative is likely to boost the U.K.'s digital infrastructure and support economic growth by giving businesses from startups to large enterprises access to cutting-edge AI compute. It will also benefit the U.K.'s academic and research sectors, as well as public services like the NHS. Despite heavy investments and competitive pressures, Nebius is emerging as a strong contender in the AI infrastructure space. Also, for businesses scaling their AI efforts, the NBIS-NVDA collaboration has the potential to provide a strong competitive advantage. As NBIS ramps up its AI infrastructure capabilities, it faces stiff competition from tech heavyweights like Microsoft MSFT and other players such as CoreWeave, Inc. CRWV. CoreWeave is an AI-focused hyperscaler company, and its cloud platform has been designed to scale, support and accelerate GenAI. It currently operates a data center network comprising 33 data centers across the United States and Europe, backed by 420 megawatts of active power. CRWV also collaborates with NVIDIA to implement the latter's GPU technologies at scale. CoreWeave was one of the first cloud providers to deliver NVIDIA H100, H200 and GH200 clusters into production for AI workloads. The company's cloud services are also optimized for NVIDIA GB200 NVL72 rack-scale is a major player in AI infrastructure with its Azure platform, backed by a wide global data center network. With availability in more than 60 announced regions, Azure continues to strengthen its position in the cloud computing market. MSFT's multi-billion-dollar investment in OpenAI has significantly boosted its position in the AI space, whereas NBIS is still in the early phase of developing its network of strategic partners. The growing uptake of Azure OpenAI and Copilot in Microsoft 365, Dynamics 365 and Power Platform is encouraging. With Azure AI, it is creating a strong platform for the AI era, offering a wide range of models to suit different customer needs. It now has more than 60,000 Azure AI customers, and both customer numbers and average spending are rising. Shares of Nebius have gained 74.4% year to date compared with the Internet–Software and Services growth of 23%. Image Source: Zacks Investment Research From a valuation standpoint, NBIS trades at a forward price-to-sales of 11.19X, higher than the industry's 4.01. Image Source: Zacks Investment Research The Zacks Consensus Estimate for NBIS' earnings for 2025 has been unchanged over the past 30 days. Image Source: Zacks Investment Research NBIS currently carries a Zacks Rank #3 (Hold). You can see see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Microsoft Corporation (MSFT) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Nebius Group N.V. (NBIS) : Free Stock Analysis Report CoreWeave Inc. (CRWV) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store