In the rapidly advancing field of artificial intelligence (AI), the spotlight often shines on mega-cap companies. However, beneath the dazzling headlines lie sleeper AI stocks poised to disrupt the industry and deliver significant returns to investors. As we navigate deeper into 2024, these emerging companies are not just riding the AI wave—they are creating it.As per PWC, the global AI market is projected to reach a staggering $15.7 trillion by 2030. This rapid expansion would create many companies in the ...

Is the rebound in the stock just beginning?Shares of C3.ai (AI 3.50%) have soared over 20% since the company reported its fiscal fourth-quarter earnings on May 29. The enterprise artificial intelligence (AI) software company saw strong revenue growth and issued upbeat guidance. Despite the recent gains, the stock is still down over 30% over the past year.Given the stock's recent gains, is it too late to buy the stock, or is the rebound in the stock just beginning?Strong fiscal Q4 results and guidanceFor its ...

Shares of the AI software stock jumped on a better-than-expected earnings report.Shares of C3.ai (AI 21.41%) were surging today after the enterprise-software company posted better-than-expected results in its fiscal fourth-quarter earnings report and offered solid guidance for fiscal 2025.As a result, the stock was up 19.2% as of 2:26 p.m. ET. C3.ai quiets the doubtersC3.ai emerged as an early winner in the AI boom as its stock soared early last year, but since then, its shares have mostly struggled as it's ...

The enterprise AI software company has ramped up spending on generative AI growth initiatives, which is hurting its bottom line.C3.ai (AI 13.63%) stock gained 8.3% in after-hours trading on Wednesday after the enterprise artificial intelligence (AI) software applications company released its fiscal 2024 fourth-quarter results. For the quarter, which ended April 30, revenue and adjusted earnings beat Wall Street's estimates, and management's top-line guidance for C3.ai's current quarter and fiscal 2025 also ...

C3.ai, Inc. (NYSE:AI) Q4 2024 Earnings Call Transcript May 29, 2024 5:00 PM ET Company Participants Amit Berry - IR Tom Siebel - Chairman and CEO Hitesh Lath - CFO Conference Call Participants Timothy Horan - Oppenheimer Pat Walravens - JMP securities Sanjit Singh - Morgan Stanley Kingsley Crane - Canaccord Genuity Arvind Ramnani - Piper Sandler Matt Calitri - Needham Jaiden Patel - JPMorgan Operator Good day and welcome to the C3.ai’s Fourth Quarter Fiscal Year 2024 Conference Call. At this time, all parti ...

C3.ai, an enterprise artificial intelligence (AI) software company, reported strong fourth-quarter results for fiscal year 2024, exceeding both its own guidance and analysts’ expectations. The company saw its fifth consecutive quarter of accelerating revenue growth, with subscription revenue increasing 41% year-over-year.The performance comes at a time when the AI industry is experiencing rapid growth and increased attention, particularly in the field of generative AI (GenAI). C3.ai’s focus on enterprise AI ...

C3.ai, Inc. (AI) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of a loss of $0.31. This compares to loss of $0.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 64.52%. A quarter ago, it was expected that this company would post a loss of $0.28 per share when it actually produced a loss of $0.13, delivering a surprise of 53.57%.Over the last four quarters, the company has surpassed cons ...

C3 AI Announces Fiscal Fourth Quarter and Full Fiscal Year 2024 Financial Results Increasing Revenue Growth. Raising Guidance. Growth Accelerates for Fifth Consecutive Quarter, Record Federal Growth Subscription Revenue for the Fourth Quarter Increased 41% Year-Over-Year REDWOOD CITY, Calif. — May 29, 2024 — C3.ai, Inc. (“C3 AI,” “C3,” or the “Company”) (NYSE: AI), the Enterprise AI application software company, today announced financial results for its fiscal fourth quarter and full fiscal year ended April ...

These three AI stocks to sell have had less-than-ideal performances this year and lack a solid foundation despite their promise to turn things around. If you are holding these stocks, it may be better to sell them before they take any more losses that hurt your pockets.Let’s learn about the top AI stocks to sell.BigBear.ai (BBAI)Source: MacroEcon / Shutterstock.comBigBear.ai (NYSE:BBAI) is an AI company focusing on security and supply chain AI. The company also recently completed an acquisition of Pangiam I ...

Pre-market futures are mixed to start a holiday-shortened week. This follows the Nasdaq notching a new closing high prior to Memorial Day weekend. The S&P 500 and Dow also closed higher Friday, though the Dow still has a ways to go to re-capture 40K. Currently, the Dow is -33 points, the S&P is +8 and the Nasdaq — still the leader among major indices — is up +55 points at this hour. the 2-year bond yield is ticking toward 5%, currently 4.925%, and the 10-year is at 4.465%.We’ll close this week with the all- ...