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Chris Markoch

Navan's Strong Quarter Meets an AI Spending Reality Check

Navan Ava Nasdaq MarketBeat NYSE

Navan Inc. (NASDAQ: NAVN) wouldn’t be the first company investors would think of as a target of the recent sell-off of artificial intelligence names. But that may be part of the trouble facing NAVN after the company’s Q2 earnings report for its 2027 fiscal year.

That’s because in the case of Navan, a slowdown in AI growth would directly contradict the company’s current growth initiatives. The company is significantly increasing its AI spending, but investors are worried that its growth won’t keep pace.

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