On July 1, Accenture rose 3.33% in regular trading, trading at $129.32/share, with turnover of $262 million. The stock showed a technical rebound following its 18% single-day plunge after the fiscal Q3 earnings release on June 18.

On the news front, Accenture and ServiceNow jointly launched an AI-powered enterprise risk platform migration solution on June 29, combining capabilities in process automation and security to help enterprises accelerate their transition to agentic AI architectures. The offering deploys intelligent agents on ServiceNow's AI platform, enabling automated vendor monitoring, lifecycle management, and unified risk views.

The broader IT consulting sector rallied in tandem, with Globant up 7.62%, Cognizant up 3.9%, and IBM up 3.31%. After the prior earnings selloff — triggered by lowered revenue guidance, Middle East disruptions, and weaker-than-expected bookings — Accenture's RSI had fallen to 26, entering deep oversold territory, providing short-term recovery momentum.

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