C3.ai(AI)

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Why C3.ai Stock Was Climbing Today
The Motley Fool· 2024-11-05 19:42
Investors saw positives for C3.ai in Palantir's earnings report.Shares of C3.ai (AI 7.08%), the enterprise artificial intelligence (AI) company, were moving higher today, even though there was no company-specific news. Instead, the company seemed to be benefiting from a strong earnings report from AI software peer Palantir (PLTR 23.18%), which posted yet another quarter of accelerating revenue growth, showing a market for AI-related software.As of 12:52 p.m. ET, Palantir stock was up 22.7%, while C3.ai was ...
Atrium Mortgage Investment Corporation Announces November 2024 Dividend and Q3 2024 Investor Conference Call Details
Newsfile· 2024-11-04 22:00
Atrium Mortgage Investment Corporation Announces November 2024 Dividend and Q3 2024 Investor Conference Call DetailsNovember 04, 2024 5:00 PM EST | Source: Atrium Mortgage Investment CorporationToronto, Ontario--(Newsfile Corp. - November 4, 2024) - Atrium Mortgage Investment Corporation (TSX: AI) is pleased to announce that its board of directors has declared a dividend for the month of November 2024 of $0.075 per common share, to be paid December 12, 2024 to shareholders of record November 2 ...
How Will U.S. Election Impact Artificial Intelligence (AI) ETFs?
ZACKS· 2024-11-01 19:00
Voters in the United States go to the polls on Nov. 5 to elect their next president. The question now looms whether America will get its first woman president or a second Donald Trump term? As of now, Kamala Harris (47.9%) has had a small lead by about one percentage point over Trump (46.8%) in the national polling averages since the former entered the race at the end of July, per 538/ABC News updated on Oct. 31, 2024, as quoted on BBC.The all-important tech industry is closely monitoring this election. Acc ...
Atrium Mortgage Investment Corporation Announces Exercise, in Full, of Over-Allotment Option
Newsfile· 2024-10-25 12:39
Toronto, Ontario--(Newsfile Corp. - October 25, 2024) - Atrium Mortgage Investment Corporation (TSX: AI) (TSX:AI.DB.D) (TSX:AI.DB.E) (TSX:AI.DB.F) and (TSX:AI.DB.G) ("Atrium") is pleased to report that the underwriters of its previously completed public offering of common shares exercised, in full, their overallotment option, resulting in the issue of an additional 327,750 shares at a price of $11.45 per share. The exercise of the over-allotment option brings the total gross proceeds of the public offering ...
Bet Big on AI Software Stocks & ETFs for Long Term Opportunity
ZACKS· 2024-10-24 13:01
The growth potential of software companies is immense as it is the next big thing in the artificial intelligence (AI) opportunity. The AI software market is expected to grow significantly, with the International Data Corporation (IDC) forecasting a compound annual growth rate (CAGR) of 40.6% from 2023 to 2028. Here are some key reasons why AI software companies have a high growth potential:Increasing AI Adoption Across IndustriesAI is being adopted across various sectors such as healthcare, finance, retail, ...
Cathie Wood Says Software Is the Next Big AI Opportunity -- 1 Super Stock You'll Regret Not Buying If She's Right
The Motley Fool· 2024-10-23 08:47
C3.ai stock looks like a great buy right now if software is the next frontier in the fast-moving artificial intelligence industry.Ark Investment Management operates a portfolio of exchange-traded funds (ETFs) focused on innovative technology stocks. Its founder and chief investment officer, Cathie Wood, thinks software companies could be the next big opportunity in the artificial intelligence (AI) industry. In fact, she predicts they will eventually generate $8 in revenue for every $1 spent on chips from su ...
C3.ai, Inc. (AI) Registers a Bigger Fall Than the Market: Important Facts to Note
ZACKS· 2024-10-22 22:56
C3.ai, Inc. (AI) closed the latest trading day at $25.22, indicating a -1.29% change from the previous session's end. This move lagged the S&P 500's daily loss of 0.05%. At the same time, the Dow lost 0.02%, and the tech-heavy Nasdaq gained 0.18%.Shares of the company have appreciated by 9.66% over the course of the past month, outperforming the Computer and Technology sector's gain of 3.5% and the S&P 500's gain of 2.76%.Investors will be eagerly watching for the performance of C3.ai, Inc. in its upcoming ...
C3.ai Rises 12% in a Month: How Should Investors Play AI Stock?
ZACKS· 2024-10-17 16:25
C3.ai (AI) shares have returned 12.4% in the past month, outperforming the broader Zacks Computer and Technology sector's appreciation of 4.6% and the Zacks Computers - IT Services industry's return of 5.8%. C3.ai has been one of the prominent AI stocks in recent times thanks to strong demand for C3 Generative AI solutions and an expanding partner base that includes the three big cloud providers Amazon (AMZN) , Alphabet (GOOGL) and Microsoft (MSFT) . Expanding relationships with these cloud providers bode w ...
2 Best Artificial Intelligence Stocks to Buy in October
The Motley Fool· 2024-10-13 07:35
AI Market Growth and Investment Opportunities - The AI market has created significant growth stocks, with companies enabling this technological revolution still seeing growing opportunities [1] - Two AI leaders, C3ai and Nvidia, are highlighted as potentially profitable investments over the next year and beyond [1] C3ai Overview - C3ai has reported accelerating revenue increases for six consecutive quarters, indicating potential for excellent returns [2] - The company closed 71 agreements in the latest fiscal quarter, including deals with GSK, Dolce & Gabbana, and the US Department of Defense [2] - C3ai is expanding its footprint across state and local governments, with 25 agreements in states like Texas, California, and Florida [2] - Customers are experiencing cost savings using generative AI, which could solidify long-term relationships [2] C3ai Financial Performance - Despite strong revenue growth, C3ai's stock has declined due to weak profitability, with a projected full-year adjusted loss between $95 million and $125 million [3] - Revenue guidance for the year is between $370 million and $395 million [3] - The company's net loss is improving year over year, and profitability is expected as the business grows [3] - If investors credit the company for strong revenue growth, the stock price could rise significantly [3] Nvidia Overview - Nvidia is a pure-play investment in the growing demand for AI-optimized computing hardware [4] - The company is benefiting from data centers upgrading components for AI workloads [4] - Nvidia's CEO highlighted the difficulty in modeling AI demand trends, with unexpected interest from law firms and medical diagnostic companies [4] Nvidia Market Position and Financials - Nvidia generated $26 billion in data center revenue last quarter, with nearly half coming from cloud service providers [4] - Strong demand is also seen from AI startups building generative AI applications for various industries [4] - Nvidia is the largest supplier of GPUs, with 47 million developers using its CUDA computing platform [5] - The stock is trading at a forward P/E ratio of 34, with expected annualized earnings growth of 36% [5] - Nvidia controls over 70% of the AI chip market, with expanding opportunities in data center networking hardware and software [6] Nvidia Long-Term Outlook - The demand for AI technology in data centers is expected to grow over the next decade, benefiting Nvidia [6] - Despite potential pauses in demand, long-term investors could see market-beating returns [5]
C3.ai: Value And AI In The Same Package (Rating Upgrade)
Seeking Alpha· 2024-10-06 04:29
C3.ai (NYSE: AI ) may just be the most unpopular AI stock in the market. After a roaring 2024 that saw shares of companies like Palantir ( PLTR ) and NVIDIA ( NVDA ) more than double, investors have cooledWith combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regular contributor on Seeking Alpha since 20 ...