Wayfair shares rose as much as 25% Tuesday, to the highest level since April 2022, after the e-commerce home furnishing retailer reported third quarter results that easily topped expectations. On the earnings call, management gave guidance for the current quarter that also topped consensus estimates, and discussed AI efforts. Kate Gulliver, Chief Financial Officer of Wayfair, joins Bloomberg Businessweek Daily to discuss. She speaks with Carol Massar and Tim Stenovec. (Source: Bloomberg)
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