Wix.com Launches AI Site Generator Along With AI-Powered Features For Web Creation
Portfolio Pulse from Anusuya Lahiri
Wix.com Ltd (NASDAQ:WIX) has announced plans to launch the AI Site Generator and a suite of AI-powered capabilities to streamline the website-building, design, and management process. The new features include AI Site Generator, AI Assistant Tool for Managing your Business, AI Page Section Creator, and Object Eraser. WIX shares traded higher by 0.81% at $80.02 premarket on the last check Monday.

July 17, 2023 | 1:00 pm
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POSITIVE IMPACT
Wix.com's announcement of new AI-powered features could potentially attract more users and increase revenue, which may have a positive impact on its stock price.
The introduction of AI-powered features is likely to make Wix.com's platform more attractive to users, potentially increasing its user base and revenue. This could have a positive impact on its stock price.
CONFIDENCE 85
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RELEVANCE 100