Technology
Nasdaq futures tumble as Amazon, Intel results deepen AI spending woes
By Maya Patel
Capgemini raises 2026 guidance as AI push brings work to IT consultants
Jenna Larson
Jenna Larson
Bureau Chief · Fargo, ND
Jenna Larson has been reporting on the Fargo region for over 15 years. She graduated from North Dakota State University and began her career at The Forum of Fargo-Moorhead before joining the Bison Current network. Jenna's focus is on community events, local initiatives, and the stories that make Fargo unique.
More from Jenna →Bureau Chief · Friday, October 30, 2026 at 7:13 AM · 1 min read
Oct 30 (Reuters) French IT consulting firm Capgemini raised its 2026 guidance for the second time this year after its third-quarter revenue grew 12%, in the strongest signal yet that the rush to deploy AI is turning into contracts for Europe s established consultancies. Capgemini CEO Aiman Ezzat said on Friday that third-quarter growth beat analyst expectations and outpaced the sector, with demand now concentrated in overhauling clients data systems to adapt their business to AI. • Capgemini targets 2026 revenue growth of 9.0% to 9.5% at constant exchange rates, up from 8.5% to 9.0% previously • Third-quarter revenue rose to €6.07 billion ($6.78 billion), while bookings increased 3.4% to €5.40 billion • Growth was strongest in Britain and Ireland at 25.2% and North America at 18.3%; France grew 4.9% in a second straight quarterly increase • It targets growth of 3% to 4% in the fourth quarter, reflecting earlier acquisitions entering the comparison base rather tha
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