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When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Wix.com (WIX) reported earnings 30 days ago. What's next for the stock?
WIX buys Base44 for $80 million, boosting its AI suite with no-code, chat-driven app development tools for businesses.
There's a lot of talk in the startup world about how AI makes individuals so productive that it could give rise to a generation of “solo unicorns” – one-person companies worth over $1 billion.
Base44 delivers effortless, code-free digital creation through an intuitive, conversational AI experience, which is expected to expand Wix's reach to new audiences worldwide NEW YORK-- Today Wix.com Ltd. (Nasdaq: WIX ), the leading SaaS website builder platform globally1, announced its acquisition of Base44 , an AI-powered platform that enables anyone to create fully-functional, custom software solutions and applications using natural language, without the need for traditional coding.
The latest trading day saw Wix.com (WIX) settling at $149.10, representing a -3.65% change from its previous close.
Zacks.com users have recently been watching Wix.com (WIX) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Recently, Zacks.com users have been paying close attention to Wix.com (WIX). This makes it worthwhile to examine what the stock has in store.
Wix.com Ltd NASDAQ: WIX started the week's trading just over the $150 mark, though it has still been down 16% since its earnings report last Wednesday. The stock had been rallying into results but took a hit after missing on earnings, even as revenue came in above expectations.
WIX acquires Hour One to scale AI media creation, boost immersive web design and cut reliance on third parties for front-end innovation.