Chegg Chokes on AI Attempt, CEO Talks it Up As He Passes Torch

Key PointsChegg is a leading online education platform providing expert answers, study guides, homework solutions, tutoring and textbook rentals for students.CheggMate AI hasn’t been able to slow the deceleration in Subscription service revenues and members, but the company will continue its multi-year integration.Chegg beat Q1 2024 EPS by a penny but lowered its top and bottom line estimates for Q2 2024.5 stocks we like better than CheggDespite the viral spread of artificial intelligence (AI) applications ...