Accenture bookings rose. Are companies still spending on technology?

Accenture reported $22.17 billion in fourth-quarter bookings, up 4% year over year, and consulting revenue of $9.28 billion. It forecast fiscal-year revenue growth of 3% to 6%, above the average analyst estimate reported by LSEG. Its shares jumped in premarket trading after the update.

What it means: Does one consulting company’s strong quarter prove the whole US economy is accelerating? No. Accenture serves clients around the world, so its results are a narrow window into business spending, not a national survey. Still, large bookings suggest some firms are continuing to fund IT projects despite uncertainty about growth and AI disruption.