Here's the real reason 75% of corporate AI initiatives fail [Fortune]
TJX Companies, Inc. (The) (TJX)
Last tjx companies, inc. (the) earnings: 2/26 08:00 am
Check Earnings Report
US:NYSE Investor Relations:
investor.tjx.com
Company Research
Source: Fortune
Yet, revenue from AI is only expected to reach about $20 billion per year by that point, flagging a substantial gap between investment and returns. In fact, recent studies show that roughly 75% of AI initiatives don't succeed Since the launch of generative AI, we've been conducting extensive research involving CEO interviews and deep dives within leading companies. This work has provided inside knowledge about the success of AI initiatives and has culminated in the book The Humachine . Here are some of these insights. One AI doesn't fit all AI is copyable—and one size doesn't fit all. What's not copyable is a unique business model, processes, and integration of humans with that technology. Our research finds that the massive rush to apply AI technologies to existing business models and old processes will not lead to success. Spencer Fung, the CEO of global supply chain giant Li & Fung, provides an analogy: “Companies acquiring AI without a new business model is like a compan
Show less
Read more
Impact Snapshot
Event Time:
TJX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
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
|
|---|---|---|
|
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 | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TJX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TJX alerts
High impacting TJX Companies, Inc. (The) news events
Weekly update
A roundup of the hottest topics
TJX
News
- Buckley Capital Management Sends Letter to Basic-Fit's Board and Management Recommending Strategic Review with the Intention to Sell the BusinessPR Newswire
- 5 Essentials Families Need To Buy Before Winter — and How To Save Money on Each [Yahoo! Finance Canada]Yahoo! Finance Canada
- TJX Stock Trading Above 200 & 50-Day SMA: What Should You Do Next? [Yahoo! Finance]Yahoo! Finance
- Market Factors: Loonie haters, bargain shopping and the biggest breakthroughs of 2024 [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Marshalls Announces an Accelerator Program to Help Women Put Their Ambitions into ActionPR Newswire
TJX
Earnings
- 8/21/24 - Beat
TJX
Sec Filings
- 9/23/24 - Form 8-K
- 9/16/24 - Form 4
- 9/11/24 - Form 4
- TJX's page on the SEC website