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- ...

Artificial intelligence is generally considered to be the “can’t miss” opportunity of the 2020s and beyond. I’ve seen estimates of compound annual growth ranging from 19% through 2032 to a much higher 37% through 2030. In either case, the potential for massive returns is evident. However, with such strong growth projections, there are also bound to be instances of overpricing, especially in AI stocks.That’s what We will be discussing here, AI stocks that are substantially overpriced at present. The thrust o ...

PALM BEACH, Fla., May 23, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Cloud infrastructure is an integration of A.I., hardware and software resources that create the cloud. The cloud providers maintain worldwide data hubs with multiple IT infrastructure elements, such as servers, physical storage equipment, and networking devices. These form the physical equipment by using all types of OS configurations. They also install different types of software that are needed for an application to run sm ...

Artificial intelligence (AI) name C3.ai (NYSE:AI) will announce fiscal fourth-quarter earnings after the close on Wednesday, May 29. C3.ai stock sports a 9.5% year-to-date deficit despite all the rage surrounding the AI space. Still, the equity bounced 25.4% over the last 30 days, and is now trading well above its April 16, 12-month low of $20.23. At last check, AI is down 1.8% at $26.03. The stock has a negative history of post-earnings reactions, finishing five of its past eight next-day sessions lower, t ...

C3.ai, Inc. (NYSE:AI) J.P. Morgan 52nd Annual Global Technology, Media and Communications Conference May 20, 2024 8:00 AM ET Company Participants Tom Siebel - CEO Conference Call Participants Pinjalim Bora - JPMorgan Pinjalim Bora Okay. Good morning, everyone. Welcome to the conference. I'm Pinjalim Bora, software analyst at JPMorgan. I cover SMID Cap. Delighted to have here with me Tom Siebel, who is the Chairman and CEO of C3 AI. Tom, welcome to the conference. Tom Siebel Thank you. Pinjalim Bora Let's ...

C3.ai is a popular AI investment, but investors should get to know the company first.C3.ai (AI 0.72%) was a fairly popular artificial intelligence (AI) stock back in 2023 when the AI investment wave began. The two letters in the company's name and ticker symbol prominently tell any investor or client what it specializes in. As a result of the AI investment wave, many people have piled into C3.ai's stock, although the popularity has waned (which is evidenced by its declining trade volume). I think investors ...