15 AI News Updates Taking Wall Street By Storm

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13. Twilio Inc. (NYSE:TWLO)

Market Capitalization: $14 Billion   

Twilio Inc. (NYSE:TWLO) provides a cloud communications platform that enables developers to build, scale, and operate customer engagement within software applications. The company has been integrating artificial intelligence into its platform since last year and has also introduced several new features that leverage AI to help clients gain more business from customers. On November 15, Monness Crespi upgraded the stock to Buy from Neutral with a $135 price target. Few software companies have experienced a fall from grace as spectacular as Twilio with the stock down 79% from its peak and holding the lowest enterprise-value-to-revenue multiple among the analyst’s coverage, the advisory told investors. However, heading into 2025, the advisory believes Twilio is on course to extend its recovery and argues that the stock’s valuation remains attractive.

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