Tag: Artificial Intelligence

C3.ai Stock Falls After Earnings Outlook Fails to Justify the Hype

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 shares spike 26% on huge forecast beat driven by A.I. chip demand

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 Stock Is Rising. It Expects to Top Revenue Forecasts.

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.