Shares of Palantir Technologies (PLTR 2.32%) and C3.ai (AI 3.12%) have been in red-hot form on the stock market over the past year, gaining 140% and 107%, respectively, thanks to the expectation that the adoption of artificial intelligence (AI) could supercharge their growth in the long run.The terrific gains that these stocks delivered lately may seem a tad surprising at first, considering the pace at which Palantir and C3.ai are growing. Palantir's growth has slowed down of late thanks to a challenging sc ...

If 2023 was a “year of efficiency” for Meta Platforms (NASDAQ:META), then 2024 could be a year of spectacular growth. Before you decide that META stock is exhausted and due for a pullback, consider Meta Platforms’ opportunities to expand its market share in mixed-reality headsets, short-form videos and elsewhere.Besides, an expert on Wall Street just issued an eyebrow-raising price target on Meta Platforms stock. So, let’s conduct our due diligence and consider how this “Magnificent Seven” member could real ...

C3.ai (NYSE:AI) stock last year became one of the more popular AI plays out there. Compared to other top AI stocks, C3.ai is a considerably smaller enterprise. The stock has a market cap of just $3 billion, and this year the company should generate just $305.5 million in revenue. At the same time, this enterprise isn’t a fly-by-night operation.Founded by billionaire software entrepreneur Thomas Siebel, and in business for 15 years, I can see why the bulls believe C3.ai could be a dark horse contender in the ...

With the artificial intelligence (AI) buzz capturing global attention, discerning investors must identify stocks with concrete revenue gains from AI. Analysts project the AI revolution as the fourth industrial revolution, foreseeing widespread applications across industries. Notable sectors like cybersecurity have successfully employed AI for threat detection, showcasing its potential beyond early adopters like Google.That said, these innovative players, marked by market dominance and cutting-edge advanceme ...

If you haven't bought any artificial intelligence (AI) stocks yet, you might feel like you missed the boat. Shares of AI experts such as Nvidia and C3.ai have doubled or tripled over the last year, riding the tailwind of massive interest in generative AI tools such as ChatGPT. Surely it's too late to jump aboard that skyrocketing bandwagon by now.Right?Well, not so fast. Some of the best AI specialists actually missed that boat, too. Their stocks have been left behind the general frenzy, giving astute inves ...

Shares of C3.ai (AI -4.20%) rose 156.6% in 2023, according to data from S&P Global Market Intelligence. The company took advantage of surging demand for artificial intelligence technology, and its revenue growth rate reaccelerated after slowing down throughout 2022. Those positive operational developments combined with favorable market forces to create some momentum that drove C3.ai higher. However, there was also some discouraging news, and investors should understand the risks before piling on the AI band ...

Artificial intelligence (AI) dominated the stock market narrative in 2023, and it was a major reason why the S&P 500 jumped 24% and the Nasdaq Composite soared 43% during the year. It's also why the "Magnificent Seven" stocks (the leading tech stocks) skyrocketed last year.Despite the stock price boosts, few companies -- except for Nvidia (NVDA -0.20%) -- have seen a significant business impact from artificial intelligence over the past year.It's natural to ask then if last year's AI-fueled stock-market sur ...

There's a strong argument that 2023 was the year that artificial intelligence (AI) came of age, sparking a market recovery in the process. After plunging 35% in 2022, the Nasdaq Composite rebounded with a vengeance last year, gaining 43%.While AI has been around for decades, recent advances in the field of generative AI have been a game changer. This breakthrough technology can, among other things, create original text and images based on a few user prompts. But that's just the beginning. These sophisticate ...

C3.ai, Inc. (AI) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this company have returned +1.5%, compared to the Zacks S&P 500 composite's +3.5% change. During this period, the Zacks Computers - IT Services industry, which C3.ai, Inc. falls in, has gained 3%. The key question now is: What could be the stock's future direction?Although media reports or r ...

With the “risk on” mentality of late 2023 fading fast thus far in 2024, it may be a good time to decide what are the meme stocks to sell. Mostly, because even if the macroeconomic picture improves this year, many of the most popular meme plays lack the fundamentals necessary to sustain their current stock prices.m Much less, justify a move to higher prices.A good example is with AMC Entertainment (NYSE:AMC), which as you know was at one point one of the most popular meme stocks out there. As I recently argu ...