Free · No account

Create your own personal news briefing

A daily PDF of the news that moves your tickers — summaries and market impact, delivered an hour before the open.

Back to The Tape

Business Insider

14 Jul 2026, 04:51 UTC · 3h ago

Wix's CEO runs an AI coding giant. He says the tech still gets 'too much credit.

NewsImpactScreener rates every claim in this story for market impact and maps it to the tickers most exposed.

ShareX LinkedIn

Wix's CEO runs an AI coding giant. He says the tech still gets 'too much credit.

What the story claims

3 claims · each scored for market impact

What matters in this story

1
Wix CEO Avishai Abrahami claims AI is currently oversold and unable to handle complex, detailed tasks or fully replace white-collar jobs. — Skepticism from a major industry leader regarding AI's capabilities can dampen investor sentiment toward AI-hyped growth stocks and LLM providers.
-0.60
2
Wix has reported double-digit revenue growth from its AI-driven coding platform, Base44. — Concrete revenue growth in a specific AI product provides a positive counter-narrative to the general 'SaaSpocalypse' fears affecting the company.
+0.40
3
Abrahami stated that off-the-shelf AI customer support systems were insufficient, forcing Wix to build its own internal solution. — This suggests a performance gap in existing B2B AI software products, potentially impacting the valuation of AI service providers.
-0.30

Which stocks this story touches

6 related stories

The Motley Fool
1h ago
Prediction: Microsoft Stock Could Go Parabolic After July 29. Here's Why.
- ai
- software
Read

Wix's CEO runs an AI codin… — WIX -0.40 | NewsImpactScreener

Wix's CEO runs an AI coding giant. He says the tech still gets 'too much credit.

What matters in this story

Prediction: Microsoft Stock Could Go Parabolic After July 29. Here's Why.

Wix's CEO runs an AI coding giant. He says the tech still gets 'too much credit.

What matters in this story

Prediction: Microsoft Stock Could Go Parabolic After July 29. Here's Why.

How each ticker is affected

Connected tickers

Track these names every morning.

Impact by category

Biggest drivers

Most positively impacted

Most negatively impacted

Nokia and Taiwan Mobile extend 5G partnership to advance AI-powered networks

AppFolio (APPF) Rises As Market Takes a Dip: Key Facts

Tower Semiconductor with METI Support Announces Strategic Capacity Expansion in Japan

Waton Financial to Bring MoTA's Multi-Agent Investment Platform to Individual Investors

SoftBank's Son says AI will need $5 trillion per year by 2040, dismisses bubble talk

Wix's CEO runs an AI coding giant. He says the tech still gets 'too much credit.

What matters in this story

Next reads from the same story arc

Prediction: Microsoft Stock Could Go Parabolic After July 29. Here's Why.

Wix's CEO runs an AI coding giant. He says the tech still gets 'too much credit.

What matters in this story

Next reads from the same story arc

Prediction: Microsoft Stock Could Go Parabolic After July 29. Here's Why.

How each ticker is affected

Connected tickers

Track these names every morning.

Impact by category

Biggest drivers

Most positively impacted

Most negatively impacted

Nokia and Taiwan Mobile extend 5G partnership to advance AI-powered networks

AppFolio (APPF) Rises As Market Takes a Dip: Key Facts

Tower Semiconductor with METI Support Announces Strategic Capacity Expansion in Japan

Waton Financial to Bring MoTA's Multi-Agent Investment Platform to Individual Investors

SoftBank's Son says AI will need $5 trillion per year by 2040, dismisses bubble talk