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Rashid: All companies are going to be AI companies
CNBC Television· 2025-07-08 12:01
All right. So, give us a sense of what's going on when it comes to recruitment of AI talent. Who are companies looking for.What kind of people. Yeah. I mean, it's happening obviously at the highest levels of technology like you mentioned.Uh, obviously those are going to shape what AI looks like over the next 5 to 10 years, but it's really happening in organizations of all sizes and of all industries. All companies are looking to get their AI strategy together right now. And I think the companies that are mo ...
BILL Expands New Payment Services: Is There More Room for Growth?
ZACKS· 2025-07-01 16:36
Core Insights - BILL Holdings is strategically expanding its platform to cater to larger and more complex organizations while maintaining its focus on small and midsize businesses (SMBs) [1][8] - The launch of Supplier Payments Plus aims to simplify and accelerate payment processes for large suppliers, enhancing operational efficiency and the payment experience for SMB buyers [2][8] - In Q3 fiscal 2025, BILL reported revenues of $301.7 million from its Integrated Platform, reflecting a 14.5% year-over-year increase, driven by continued adoption among its core SMB base [3][8] Company Developments - BILL is investing in innovation by enhancing its payment portfolio, expanding distribution channels, and accelerating its AI strategy, which supports sustained growth in the SMB sector [4] - The company faces competitive pressure from Intuit's QuickBooks Bill Pay and Expensify's expense management tools, which could impact its market position [5][6][8] Financial Performance - BILL's share price has decreased by 45.4% year to date, underperforming the broader Zacks Computer and Technology sector, which has returned 6.1% [7] - The forward 12-month Price/Sales ratio for BILL is 3.27X, compared to the industry average of 5.89X, indicating a lower valuation [9] - The consensus estimate for fiscal 2025 earnings is $2.05 per share, reflecting a 5.7% increase over the past 60 days but a year-over-year decline of 3.3% [10]
We need to innovate to have a national AI strategy, says NYU's Gary Marcus
CNBC Television· 2025-07-01 15:57
Can Meta deliver on its AI. Got to the right camera in the end there. Lot of all four to get there.Uh, can they deliver on their AI ambitions as the competition heats up. Joining us now, New York University professor emeritus and AI expert Gary Marcus. Gary, great to have you have you with us.I maybe maybe this is a tough question to to answer, but can you buy in outside AI expertise and incorporate it quickly, easily, or is it as complicated as trying to do a massive corporate merger and the kind of teethi ...
