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Stock impact report

Fortune [Fortune]

Valley National Bancorp (VLY) 
Last valley national bancorp earnings: 4/30 08:00 am Check Earnings Report
US:NYSE Investor Relations: valleynationalbank.com
Company Research Source: Fortune
For more than a decade, the company has operated an AI-driven expert platform strategy, Sandeep Aujla, EVP and CFO at Intuit, told me. Intuit continually practices cleaning up data, powering its AI engines—and “staying humble,” Aujla said. He added that the firm doesn't have the attitude that “our LLMs [large language models] are the best,” he said. “LLMs are going to be the fastest depreciating assets out there,” he added. However, Intuit ( No. 297 in the Fortune 500), which offers products like TurboTax, Credit Karma, and QuickBooks, has made big gains in leveraging AI for customer-facing applications and for use within the company. Investments in AI are on track to deliver nearly $90 million in annualized efficiencies in its fiscal year 2025, Aujla said. Read more
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