Accenture (ACN.US) becomes the first company to be negatively impacted by DOGE, the warning on federal orders sent shockwaves through Wall Street.

Consulting firm Accenture (ACN.US) said that efforts to tighten federal spending have begun to put pressure on its revenue, sending its stock down on Thursday. The company is one of the first major US corporations to be hit by the Trump administration's so-called "Department of Efficiency," which is led by billionaire Elon Musk and aims to shrink the size of federal agencies and consolidate office space.