TECH - AI's Growing Influence: Over 7000 Mentions In Q2 Earnings Calls Boost Stocks | Benzinga
There's no doubt that artificial intelligence is earning a spot in the list of groundbreaking technological revolutions, quickly reaching a podium shared by achievements like the internet and the steam engine.
While it's still hard to tell the meat from the hype, a new report is making clear that investors are responding positively to companies embracing AI in their plans, or at least to those raising the AI flag.
This could mean that while AI technology is likely to impact the future in many ways, investors could still be responding to new developments with hyped expectations.
AI Pays Off For Public Companies: A new report by investment platform Wall Street Zen reveals how companies that mentioned AI during their latest earnings calls performed better than those that failed to mention the term.
Mentioning artificial intelligence and related terms — like machine learning or automation — is proving to be one of the most profitable strategies that companies can enact when presenting their quarterly results. That's true at least in the days following ...