C3.ai's stock rose 4% after signing a new deal with the U.S. Air Force to provide air logistics-optimization services, bolstering the company's prospects for future growth.
Stocks fell on Thursday as strong earnings from Nvidia were overshadowed by comments from the Federal Reserve signaling that interest rates will remain elevated for a long time to combat inflation.
The Dow Jones Industrial Average fell after a surprise drop in initial jobless claims, while tech stocks, such as Nvidia, saw gains due to strong earnings results.
C3.ai stock is declining due to the impact of Nvidia's strong second-quarter results, leading investors to worry about the future performance of AI stocks.
Profits at China's industrial firms fell for a seventh consecutive month in July, declining by 6.7% year-on-year, as weak demand and a faltering post-pandemic recovery continue to squeeze companies in the world's second-largest economy.
HP Inc.'s stock dropped 10.7% in after-hours trading following mixed financial results and a cautious outlook, with CEO Enrique Lores noting that the external environment has not improved as expected and PC pricing has been a challenge, but the availability of AI products in late 2024 is expected to boost sales.
C3.ai (NYSE: AI) is a highly shorted stock with 33% short interest, but its underlying fundamentals, including a strong balance sheet and revenue growth potential, suggest it is attractively valued and a "Buy" for long-term investors seeking high-risk, high-reward opportunities.
C3.ai has seen a recovery in its stock price and regained its medium-term uptrend bias, indicating potential for further gains, despite uncertainties surrounding its generative AI strategies and unprofitable business model.
C3.ai is set to report earnings, with expectations of a loss per share and a focus on how the stock will react to the news.
C3.ai reported better-than-expected earnings but missed revenue targets, and its revenue outlook for AI stock fell short of expectations.
C3.ai Inc. shares dropped 8% in after-hours trading following the release of quarterly results, despite the company's positive performance and CEO's statement on strong traction with enterprise AI applications.
C3.ai shares plunged over 12% after the AI software maker announced that it would invest more heavily in generative AI solutions, leading to a delay in profitability expectations, but CEO Thomas Siebel expressed confidence in seizing opportunities for AI growth.
Oracle stock dropped by 13% after its earnings fell short of AI expectations, with slower cloud sales growth and lower guidance contributing to the disappointment on Wall Street.
Adobe reported better-than-expected earnings and guidance, fueled by the success of its artificial intelligence technology, but the stock is still falling.
Stocks fell on Friday, with the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all declining, but Wall Street is on track for a winning week.
Shares of Alphabet Inc. Cl A fell 0.51% as the stock market experienced a dismal trading session, although it outperformed some of its competitors.
C3.ai's stock has experienced a decline despite the increasing demand for generative AI, leading analysts to express concerns about the company's prospects and providing a downside potential for its stock price.
AutoZone's stock falls after beating earnings and sales estimates due to lower-than-expected sales in the company's domestic commercial division.
Intel's stock drops as analysts express skepticism about the company's ability to compete with Nvidia in artificial intelligence.