Size Matters

As AI's scope broadens, a comparison between the advantages of going big and the benefits of going small comes into view.

Author

Jessica Steward
August 23, 2023

In the recent earnings call, held yesterday, Macy’s shared their insight that their smaller storefronts are yielding profitability.

Bigger is Not Better

Yesterday, Macy's spilled the beans on their earnings report, and it's a real game-changer. They're waving goodbye to the "bigger is better" idea and diving headfirst into smaller stores popping up in cool spots like Boston, Las Vegas, and San Diego. Turns out, these petite shops are pocketing more profits than their massive counterparts. Macy's is gunning to spruce up their brand, lure in the young crowd, and offer a shopping experience that's less superstore and more low-key charm. And here's the kicker: even Bloomingdale's, Macy's fancy cousin, is stepping into the tiny revolution with their own mini version, "Bloomie's." Looks like Macy's is rewriting the rules with a small, stylish pen! 🖊️ 

“As we look at a number of factors, including the availability of product, the quality of the experience, this quality of service, all these different factors, what we're seeing are very healthy numbers as we think about the performance of these (smaller) stores and the quality of the experience for the customer.”

Adrian Mitchell -- Macy’s Chief Financial Officer

Dive deeper into yesterday’s Macy’s earnings report, powered by our friends at Aiera.

AIn’t That Something?

Ever heard of "small artificial intelligence"? Small AI pertains to AI systems crafted for particular jobs, such as voice assistants or recommendation algorithms – these are targeted and effective. In contrast, AI encompasses the wider notion of machines emulating human intelligence across different tasks and domains. This can be likened to contrasting a single-purpose tool with a versatile toolbox.

Small AI turbocharges investing by crunching financial data, analyzing trends, and optimizing portfolios with the speed of a high-frequency trader on espresso. It's like having a savvy sidekick that specializes in stock success.

Customized/ Custom Size

Whether you're diving into a data ocean or just dipping your toes, consider yourself well-covered with us.

Helios' Earnings Polygraph™ is tailored AI, designed just for you. By utilizing voice analysis, Helios sharply focuses on vital aspects of an earnings call, providing you a straightforward path to essential insights. When combined with our human interpretation specialists, it results in an unparalleled product that truly stands out. 📈 Let's discuss how we can shape solutions that precisely cater to your needs- big or small!

All the Not-So-Small Things

Here’s a highlight of some of today’s biggest topics. We're committed to keeping you informed!

See you next week!

Best regards,

Jessica Steward

Product Lead, Earnings Polygraph™

Finance Fact of the Week: In the past, nickels were referred to as "half dimes" due to their size being half that of a dime and their composition being half silver. This tiny size often led to easy loss. However, in 1866, they transitioned to being made primarily from nickel, resulting in a larger coin that was less prone to being misplaced and the updated name. 

Nickel vs half-dime

Tomorrow’s Earnings Calls

  1. Intuit

  2. Marvell Technology

  3. Dollar Tree

  4. Ulta Beauty

  5. Burlington Stores

  6. Gap

  7. Nordstrom

  8. Petco

  9. Movado

About Helios

Helios Life Enterprises is a trailblazer in the realm of voice-based tonal analytics, spearheading futuristic advancements in this field. As the sole company to conceive and engineer an exclusive data platform, Helios offers cutting-edge systematic analytics of an executive’s voice during critical corporate events. These advanced analytics have the power to forecast future stock performance and volatility. To delve deeper into our visionary solutions, book a meeting with a member of the Helios team.