$Accenture(ACN.US) and $Blackberry(BB.US) are basically flat, while $S&P Global(SPGI.US) saw a slight increase.
The revenue for all three is built on "helping others handle complexity"—consulting implementation, in-vehicle software, ratings, and indices. The moat of this type of business has always been considered deep, but AI happens to be a tool designed to compress complexity.
$Accenture(ACN.US)'s RSI is 74, standing twelve points above the 21-day moving average; its position is actually quite strong, yet its valuation has consistently failed to rise. Is the market already discounting the event of "consulting hours being replaced by AI"?
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.