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Stockreport

Amazon Leverages AI To Aid In Finance Operations And Improve Analyses [Yahoo! Finance]

Amazon.com, Inc. (AMZN)  More Company Research Source: Yahoo! Finance
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
The e-commerce giant initially adopted rules-based systems, one of the earliest forms of AI, in its finance organization, which it then augmented with machine learning. Now, generative AI aids finance employees with more complex analyses, the Wall Street Journal reports Also Read: Amazon Plans Major Alexa Overhaul With AI-Powered Features: Report Amazon's finance teams are using generative AI for tasks such as fraud detection, contract review, financial forecasting, personal productivity, rule and regulation interpretation, and tax-related work. Amazon is shifting its focus to AI innovations, driven by its cloud-computing unit Amazon Web Services (AWS) capabilities. The shift has contributed to a surge in companywide sales for the most recent quarter. Amazon expects cash capital expenditures to increase significantly this year due to investments in technology infrastructure, specifically generative AI efforts. Recent reports indicated Amazon is working on a new AI chatb [Read more]
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Stockreport

Amazon Leverages AI To Aid In Finance Operations And Improve Analyses [Yahoo! Finance]

Amazon.com, Inc.  (AMZN) 
More Company Research Source: Yahoo! Finance
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
The e-commerce giant initially adopted rules-based systems, one of the earliest forms of AI, in its finance organization, which it then augmented with machine learning. Now, generative AI aids finance employees with more complex analyses, the Wall Street Journal reports Also Read: Amazon Plans Major Alexa Overhaul With AI-Powered Features: Report Amazon's finance teams are using generative AI for tasks such as fraud detection, contract review, financial forecasting, personal productivity, rule and regulation interpretation, and tax-related work. Amazon is shifting its focus to AI innovations, driven by its cloud-computing unit Amazon Web Services (AWS) capabilities. The shift has contributed to a surge in companywide sales for the most recent quarter. Amazon expects cash capital expenditures to increase significantly this year due to investments in technology infrastructure, specifically generative AI efforts. Recent reports indicated Amazon is working on a new AI chatb [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AMZN
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS