China’s artificial intelligence stocks fell Wednesday after the Wall Street Journal reported that the U.S. is planning to impose new curbs on shipments of AI chips to China.
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C3.ai shares were trading sharply lower in premarket trading Thursday, the morning after the company provided a financial outlook for its April 2024 fiscal year that fell shy of Wall Street estimates.
Nvidia reported first-quarter earnings for its fiscal 2024 on Wednesday, with a stronger-than-expected forecast that drove shares up 26% in extended trading.
C3.ai AI shares rose early Monday after the company said it is on track to beat its guidance for its fiscal fourth quarter. It’s a boost for the artificial-intelligence software provider as it aims for profitability.
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