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Stock impact report

DBS Initiates ‘Buy' Rating on HP Inc. (HPQ) with $44 Target, Highlighting AI-Powered PCs and Subscription Model Growth [Yahoo! Finance]

HP Inc. (HPQ) 
Last hp inc. earnings: 2/24 04:05 pm Check Earnings Report
US:NYSE Investor Relations: h30261.www3.hp.com
Company Research Source: Yahoo! Finance
U.S. e-commerce sales hit a record this year on the unofficial shopping holiday, and artificial intelligence has played a starring role. According to Adobe Analytics , online spending has hit $10.8 billion in the US, and Generative AI chatbots drove a 1,800% surge in retail site traffic compared to 2023. These tools helped bargain hunters find deals, compare products, and check out more quickly. READ NOW: 15 AI News Investors Shouldn't Miss and 15 Buzzing AI Stocks Making Headlines Similarly, Salesforce revealed that the use of AI-enabled online chat services grew 31% year-on-year on Black Friday, with U.S. Black Friday online sales reaching $17.5 billion, up 7% year-over-year. Digital retailers using generative AI and agents in their customer service experiences saw a 9% higher conversion rate compared to those who did not. In other news, OpenAI's chief financial officer, Sarah Friar, told the Financial Times that the company is considering introducing ads on its platform. She Show less Read more
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