Accenture Stock Jumps 2.6% After Partnering with Palantir for AI-Powered Solutions for U.S. Federal Government Customers

Accenture has partnered with Palantir to deploy AI-powered solutions for US federal government customers, boosting its stock 2.6% over the past five days. The IT major has sound fundamentals, with steady revenue and earnings growth over the past 10 years, and a dividend yield of 1.96%. However, investors should weigh the merits of this alliance against the stock's market performance and fundamentals before deciding whether to buy.