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Amazon expects to reduce corporate jobs due to AI
TechCrunch· 2025-06-17 20:21
In Brief Amazon CEO Andy Jassy is betting that generative AI will change how the company thinks about its workforce in the future.Jassy said that as the company continues to roll out more AI agents, and thus change how the company’s work is done, he expects Amazon will reduce the number of corporate jobs needed in the future, according to a memo that was first covered by CNBC. “We will need fewer people doing some of the jobs that are being done today, and more people doing other types of jobs,” Jassy wrot ...
Taboola Draws Analyst Praise For Meta-Like AI, Exclusive Ad Deals, Growing Role In CTV, Display Ads
Benzinga· 2025-06-17 16:59
Needham analyst Laura Martin maintained Taboola.com TBLA with a Buy and raised the price target from $3.34 to $4.50 on Tuesday.Martin backed the rerating, citing Taboola’s exclusive supply, unique data, self-service, CTV, generative AI-driven cost savings, double-sided platform, open internet focus, Realize Platform and Yahoo deal.Martin noted Taboola is a leading performance AdTech company that competes in the open internet.Also Read: Taboola Stock Gains After Apple Deal, What’s Going On?The analyst said t ...
Is Cava a Palate Pleaser?
The Motley Fool· 2025-06-17 13:22
In this podcast, Motley Fool analysts Tim Beyers and Rick Munarriz discuss:Oracle's AI-fueled earnings.Dave & Busters and Chewy: Which had the better earnings?The Chime Financial IPO.Cava: Is there enough tasty growth to support a spicy valuation?To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center . When you're ready to invest, check out this top 10 list of stocks to buy.A full transcript is below. This podcast was recorded on June 12, 2025.Tim Beyers: Is Cava a pala ...
Nutanix Study Finds Public Sector Embraces Generative AI, but Faces Security, Skills, and Infrastructure Gaps
Globenewswire· 2025-06-17 13:00
GenAI is expected to improve productivity, efficiency, and automation, with long-term ROI for Public Sector organizationsSAN JOSE, Calif., June 17, 2025 (GLOBE NEWSWIRE) -- Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, announced the findings of its seventh annual global Public Sector Enterprise Cloud Index (ECI) survey and research report, which measures enterprise progress with cloud adoption in the industry. The research showed that 83% of public sector organizations have a GenAI strate ...
Genpact Launches Genpact RapidReplace with Amazon Business to Transform Personal Property Contents Claims
Prnewswire· 2025-06-17 13:00
Core Insights - Genpact has launched Genpact RapidReplace, an AI-powered solution aimed at transforming personal property contents claims processing, significantly enhancing customer experience by reducing settlement time from weeks to days [1][3]. Group 1: Product Features and Benefits - Genpact RapidReplace streamlines the fulfillment process through straight-through processing (STP) and rapid goods replacement via Amazon Business, improving the overall claims management experience for customers [1][2]. - The solution reduces fulfillment time from up to 12 days to three days or less, utilizing data extraction and generative AI to quickly compile lists of damaged or lost items and match them with like-kind-and-quality (LKQ) replacements [3][4]. - Integration with Amazon Business enhances efficiency by leveraging its powerful search tools and global logistics network for fast delivery to policyholders [3][4]. Group 2: Industry Impact and Collaboration - The collaboration between Genpact and Amazon Business is positioned as a transformative force in the insurance industry, automating the property loss replacement process and driving innovation [4][8]. - Genpact RapidReplace is part of the broader Genpact Claims Manager platform, which orchestrates claim setup, segmentation, and fulfillment, showcasing the company's commitment to enhancing claims servicing [4][6]. - A previous collaboration with Amazon Web Services (AWS) has already improved property contents inventory creation and LKQ pricing, reducing adjusters' investigation time by up to 75% [4].
New Jersey Resources: Undervalued Growth In A Defensive Utility Sector
Seeking Alpha· 2025-06-17 12:35
New Jersey Resources Corporation (NYSE: NJR ) stands out among mid cap regulated utilities. The company's portfolio is balanced; its core utility franchise is expanding, and-crucially-management has a clear line of sight to further earnings growth. Even asI hold a PhD in Machine Learning focused on Economics and Finance and have academic affiliations with IESE Business School, ESADE Business School, and the Barcelona Supercomputing Center. My professional experience includes working at Deloitte Financial Ad ...
Warner Bros. Discovery: Content Titan On Sale
Seeking Alpha· 2025-06-16 21:09
Warner Bros. Discovery (NASDAQ: WBD ) has fallen from investor grace since the 2021 peak, yet the operating picture has quietly improved. In the most recent quarter , the company generated $2.1 billion of adjusted EBITDA on $8.979 billion of revenue, while free"AWS Certified AI Practitioner Early Adopter"I am a DevOps Engineer for a major, wholly owned subsidiary of a large-cap Fortune 500. I am a true subject-matter expert on the actual buildout, deployment, and maintenance of AI tools and applications. I ...
Social Media Platforms Push AI-Generated Ad Tools
Bloomberg Technology· 2025-06-16 19:42
Just talk about the euphoria around how generative AI is going to be helping the AI offering and advertising offering, but is it going to impact companies and people. So everyone is in agreement that AI is going to lower the barrier to entry for advertising. Where is all the friction been in the creative in ad buying process.Generating creative. Figuring out where you're going to invest your dollars, launching those ads and auto optimizing experiences, and ultimately getting reporting back where the frictio ...
CoreWeave shares rise despite downgrade from Bank of America on valuation concerns
Proactiveinvestors NA· 2025-06-16 17:23
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
Is Innodata Stock's 4.65X PS Still Worth it? Buy, Sell, or Hold?
ZACKS· 2025-06-16 16:16
Key Takeaways INOD trades at 4.65X forward P/S, well above peers and the Zacks Computer Services industry average. Shares are down 0.8% YTD, lagging the industry and underperforming peers like BR, CSGS, and EXLS. Q2 earnings estimates fell 39% in 60 days, with margins expected to drop from 43% to 40% sequentially.Innodata (INOD) shares are trading at a premium, as suggested by the Value Score of F. INOD stock is trading at a premium, with a forward 12-month Price/Sales of 4.65X compared with the Zacks Com ...