{"id":109867,"date":"2025-10-31T02:02:12","date_gmt":"2025-10-31T02:02:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/109867\/"},"modified":"2025-10-31T02:02:12","modified_gmt":"2025-10-31T02:02:12","slug":"wall-streets-love-of-ai-cost-cuts-sends-c-h-robinson-soaring","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/109867\/","title":{"rendered":"Wall Street\u2019s Love of AI Cost Cuts Sends C.H. Robinson Soaring"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">The nonstop enthusiasm for artificial intelligence is spilling into the transportation business, with shares of <a href=\"https:\/\/www.bloomberg.com\/quote\/CHRW:US\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">C.H. Robinson Worldwide Inc.<\/a> going on a tear after analysts <a href=\"https:\/\/www.bloomberg.com\/news\/terminal\/T4Y79LGPL47T\" class=\"media-ui-Link_link-tVkXhPLPofs- whitespace-normal\" target=\"_blank\" rel=\"noopener nofollow\" data-component=\"link\">praisedBloomberg Terminal<\/a> its use of automation to boost profits.<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">The logistics company\u2019s stock rose 20% on Thursday, its biggest gain since 2007, making it the best performer in the <a href=\"https:\/\/www.bloomberg.com\/quote\/SPX:Ind\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">S&amp;P 500 Index<\/a> for the session. The shares closed at their highest level ever. <\/p>\n","protected":false},"excerpt":{"rendered":"The nonstop enthusiasm for artificial intelligence is spilling into the transportation business, with shares of C.H. Robinson Worldwide&hellip;\n","protected":false},"author":2,"featured_media":109868,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[365,363,364,6534,22014,19983,4568,17382,78827,111,139,69,2710,145,1401,4233],"class_list":["post-109867","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-automation","tag-caterpillar-inc","tag-chief-executive-officer","tag-earnings","tag-logistics","tag-nationwide-fund-advisors","tag-new-zealand","tag-newzealand","tag-nz","tag-sp-500-index","tag-technology","tag-transportation","tag-wall-street"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/109867","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=109867"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/109867\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/109868"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=109867"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=109867"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=109867"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}