On August 5, Accenture PLC rose 3.03% in regular trading, trading at 170.92 USD/share, with turnover of $615 million. The gain was driven by a series of major contract wins that continue to bolster market confidence.

On the news front, Accenture and IBM announced a long-term strategic partnership with Italy's UniCredit Bank, aimed at modernizing the bank's technology infrastructure and supporting its AI development plans across Europe. Under the agreement, Accenture will acquire a majority stake in a joint venture with IBM that manages most of UniCredit's technology infrastructure. IBM will continue providing technology platforms including IBM Z systems, software, and consulting services.

Additionally, Accenture previously secured a contract worth approximately 200 million euros with the NATO Communications and Information Agency to deliver the Protected Business Network program over seven years. The combination of multiple large-scale contracts has provided sustained support for the stock price.

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