35 Non-Tech AI Opportunities Amid DeepSeek Selloff

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20. The New York Times Company (NYSE:NYT)

Number of Hedge Fund Holders: 38 

The New York Times Company (NYSE:NYT) creates, collects, and distributes news and information worldwide. A combination of factors makes this company a promising investment. For instance, the report for the third quarter of 2024 highlights the company’s ability to drive revenue growth by optimizing pricing strategies and improving its pricing structure over time. The total digital-only average revenue per user (ARPU) increased 1.8% year-over-year to $9.45, primarily as a result of subscribers transitioning from promotional to higher prices and price increases on tenured non-bundled subscribers. Moreover, the company added approximately 260,000 net digital-only subscribers compared with the end of the second quarter of 2024, bringing the total number of subscribers to 11.09 million.  Additionally, the company has established a dedicated team to explore and integrate AI technologies within its newsroom operations. This initiative focuses on developing and testing generative AI and machine learning applications to support journalists and enhance content delivery.

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