Berkshire Hathaway reveals $4.3 billion stake in Alphabet, cuts Apple
TORONTO - Thomson Reuters (TSX/NASDAQ:TRI) on Wednesday introduced new artificial intelligence solutions designed for tax, audit, legal and compliance professionals, including an intelligent compliance network called ONESOURCE+. The company, with a market capitalization of nearly $66 billion and a solid financial health score of 2.62 (rated GOOD by InvestingPro), continues to innovate despite its stock trading near 52-week lows.
The global content and technology company’s expanded offering includes agentic AI capabilities for ONESOURCE+ alongside next-generation functionality for its CoCounsel products serving tax, audit, accounting and legal professionals.
ONESOURCE+ features AI innovations that include Sales and Use Tax AI, which automates tax filing processes and reportedly reduces preparation time by 40-60%, and Global Classification AI for product classification in global trade.
For tax professionals, Thomson Reuters is adding "Ready to Review," an application that automates U.S. 1040 Form tax return preparation. The company is also developing CoCounsel Document Analysis, scheduled for release in January 2026, which will automate complex audit workflows.
"Reducing return preparation time by approximately an hour on each simple 1040 is significant in terms of efficiency gains," said Bob Lange, Partner at Indiana-based CLH CPAs & Consultants, who tested the Ready to Review feature.
The company is also enhancing CoCounsel Legal with three new capabilities in beta, including bulk document review that can process up to 10,000 documents and customizable agentic workflows. These features are expected to be available to U.S. customers in early 2026.
Thomson Reuters will showcase these innovations to more than 5,000 customers during its SYNERGY 2025 Conference in Orlando, Florida, running November 5-12.
According to the press release statement, the solutions aim to save time through automation, reduce risk through transparent documentation, and enhance accuracy by combining AI reasoning with professional content. While Thomson Reuters trades at a relatively high P/E ratio of 40.13, investors considering the stock can access deeper analysis and 10+ additional ProTips through InvestingPro’s detailed reports, which cover over 1,400 US equities with expert analysis and actionable intelligence.
In other recent news, Thomson Reuters reported its third-quarter 2025 earnings, revealing a 7% growth in organic revenues and a 10% increase in adjusted EBITDA. These results exceeded expectations due to effective cost management, while revenues aligned closely with forecasts. Alongside these financial results, Thomson Reuters is continuing its investment in artificial intelligence and has completed a $1 billion share repurchase program. Additionally, Canaccord Genuity upgraded Thomson Reuters’ stock rating from Hold to Buy, citing a positive margin outlook. The research firm also adjusted the stock’s price target from $182.00 to $174.00. These developments reflect a period of strategic investment and financial performance for the company.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.