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2.33552093794308E-05 2.33552093794308E-05 -0.000233552093794574 0.000957563584557594 0.000256907303174005 0.00352663661629724 0.00212532405353007 0.00212532405353007
Stock impact report

Veeva Stock May Gain on the Launch of GenAI Features in Vault CRM [Yahoo! Finance]

Veeva Systems Inc. Class A (VEEV) 
Last veeva systems inc. class a earnings: 3/3 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The GenAI features were unveiled at the Veeva Commercial Summit Europe. CRM Bot and Voice Control are among the many new innovations that will be introduced to Veeva's Vault CRM next year. With these new capabilities, companies are likely to deploy AI that will have immediate value by boosting field productivity. Following the announcement, shares of the company closed flat at $210.63 at yesterday's closing. In the year-to-date period, VEEV shares have gained 9.4% compared with the industry's 28% growth. The S&P 500 increased 24.5% in the same time frame. Given the growing market prospect for GenAI capabilities in healthcare, VEEV's latest innovations for its products are likely to boost the company's business and generate additional revenues. This can further help the stock's price to rise. Meanwhile, VEEV currently has a market capitalization of $33.9 billion. In the last reported quarter, VEEV delivered an earnings surprise of 5.8%. Image Source: Zacks Investment Research Show less Read more
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