AI mentions reportedly rise on S&P 500 financial firms’ earnings calls but fall on utility calls

A post citing Apollo Research says AI mentions rose from 70% to 91% of S&P 500 financial firms’ earnings calls, while the share of utility calls mentioning AI fell from 47% to 28% over a year. The poster speculates that demand moving from forecasts to contracts, along with concerns about electricity costs, may help explain utilities’ change in wording.