Salesforce to hire 2,000 salespeople

Happy FRY-day! Are you craving some FRY-nancial updates? AI is shifting the financial world—let’s check it out together! 🤑

*The content provided in this newsletter is for informational purposes only and does not constitute investment advice.*

🤯 MYSTERY AI LINK 🤯

(The mystery link can lead to ANYTHING AI-related: tools, memes, articles, videos, and more…)

🔨 AI FINANCE TOOLS OF THE DAY

📈 AlphaScreener: Use AI to screen and backtest stocks. → Check it out

🗞️ SumFin (App): Get summarized, curated financial news to stay on top of your investments. → Check it out

🛍️ Baggins: Buy from Amazon with crypto. → Check it out

SALTY STORIES OF THE WEEK 🧂

Want some seasoning? Here are the saltiest AI stories in FRY-nance from this week:

• SoundHound AI’s stock has spiked 184% in the past month, driven by a high demand for AI voice solutions. In the past year, the startup has soared almost 800%. (Read More)

• Custom chip demand is projected to grow, potentially reaching $45 billion by 2028. This is reflected by Apple’s new collaboration with Broadcom to develop its first AI-focused server chip. Code-named “Baltra,” the chip is designed to handle the intense computing demands of Apple’s AI applications. (Read More)

• Salesforce is making a bold move to expand its AI capabilities, announcing plans to hire 2,000 new salespeople to promote its AI products. This push comes nearly two years after Salesforce laid off over 7,000 employees, reflecting shifting economic conditions. (Read More)

THIS WEEK’S DIAMOND IN THE ROUGH 💎

You guys wanna hear a construction joke? Hold on, I’m working on it. 🚧

This week’s diamond in the rough: Sterling Infrastructure (STRL)

How is AI helping Sterling? Sterling uses AI technology to streamline construction processes, improve project efficiency, and reduce costs for clients. By leveraging AI-driven data analysis, the company optimizes decision-making in areas like resource allocation and project management.

Want some numbers? Sterling’s financial performance is just as impressive as its innovation. With a Return on Capital Employed (ROCE) of 22%, it’s far outpacing the construction industry average of 11%. Over the past five years, the company has grown its capital base by an incredible 284%, reinvesting profits to achieve even higher returns. This strategy hasn’t gone unnoticed, as the stock has surged over 1,000% in the past five years, indicating long-term growth.

HOW ARE THE MAGNIFICENT 7 DOING? 📈

FRY-NANCIAL TOOL OF THE WEEK 🔧

Is AI the key to financial freedom? 🔑

What is the tool? Money Score is a powerful patented algorithm that helps users discover their financial strengths and overcome weaknesses to achieve their goals.

How does it work?

1. Add your accounts: Link your financial accounts securely in a matter of seconds for better tracking of assets and transactions.

2. Answer a few questions: Money Score will ask you a few basic questions about money to measure how skilled you are at monetary decisions.

3. Get a personalized report: Your Money Score report will be generated along with recommendations for improving your financial life.

FRY-AI FANATIC OF THE WEEK 🍟

Congrats to our subscriber, cawellons! 🎉

Cawellons gave us a Fresh and Crispy review and wrote, ““Excellent content. Love this newsletter.“

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YESTERDAY’S POLL RESULTS 📊

Featured comments:

“I use AI for graphics and for code examples. I have intentions to use AI more often for ideas and productivity improvements.” (Yes 🦾)

“My job has not been the same since ChatGPT.” (Yes 🦾)

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