ServiceNow is on course to realize $100 million in savings on its global headcount this year due to the internal implementation of AI. Total revenues jumped 22.5 percent year-on-year to $3.2 billion, and net income bounced 47 percent to $385 million. Management is thrilled with the boost from AI, with the timing of marketing spend contributing to the upside.
I went to UCLA and studied gender studies, and then Covid hit. I didn't really know what I wanted to do. I started helping out with the family business because things were pretty tough, and I actually sort of loved it.
Goldman Sachs reported a strong second-quarter with a 71% increase in IB advisory revenue year-over-year, highlighting significant growth despite overall deal volume decline.
Weekly plans thrive in burst-use categories, like utilities or quick productivity tools, where users pay for immediate value but rarely stay. Retention drops sharply after day 30, and only single-digit percentages remain after a year.
Facebook has remained relevant for building community, news, and entertainment. Incorporating newer features like Facebook Marketplace, Reels, and Public groups has contributed to the platform's ability to compete with newer applications.
Morgan Stanley estimates AWS could generate $1.28 billion in sales from Anthropic in 2025, rising to nearly $3 billion in 2026 and $5.6 billion in 2027 as AI workloads grow.
Snowflake suffers from a lofty price-to-sales ratio that's hovering near 20. Furthermore, the company is currently sporting a 196 forward P/E ratio. Both of those metrics are up considerably since the stock's 40% year-to-date run.
Retail therapy has been boosting Ulta Beauty's bottom line as customers seek beauty products for comfort amid economic uncertainty, leading to a 4.5% revenue increase.
AI fundamentally changes how brands operate digitally. The combination of Symbl.ai's advanced technology and Invoca's established leadership in AI will put forward-thinking brands in a position to deliver the buying journey of the future.