C3.ai(AI)
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AI Stock Alert: 3 Companies Destined for a Pitiful Plunge
Investor Place· 2024-06-27 16:24
Considering selling AI stocks might raise eyebrows, but bear with me.AI has undoubtedly been the hottest investing trend over the past 12 months and will continue to play a critical role in driving markets. The S&P 500 jumped north of 25% last year and roughly 15% year-to-date (YTD).However, as the market cools, investors are now looking for clear results, not just groundbreaking ideas. Thus, businesses that jumped on the AI bandwagon need to deliver tangible AI outcomes to be in favor. Therefore, given the ...
C3.ai Shares Up 14% in a Month: What's Next for AI Investors?
ZACKS· 2024-06-26 20:00
C3.ai (AI) shares have returned 14% in the past month, outperforming the Zacks IT Services industry's decline of 4.1% and the broader Zacks Computer and Technology sector's gain of 4.1%. C3.ai is benefiting from an expanding clientele and growing adoption of its Enterprise AI software. In fiscal 2024, 88% of bookings were driven by AI application sales and 12% were driven by the C3 AI platform. It is riding on an increasing booking diversity. Federal, Defense and Aerospace, Oil and Gas, State and Local Gove ...
Better Buy: C3.ai vs. BigBear AI
The Motley Fool· 2024-06-24 14:30
Not all AI companies are created equal.In this video, I will cover the recent updates regarding C3.ai (AI 1.05%) and BigBear AI and explain why you shouldn't invest in every company that throws the term "AI" around.*Stock prices used were from the trading day of June 21, 2024. The video was published on June 24, 2024. ...
3 Tech Stocks to Sell in June Before They Crash & Burn
Investor Place· 2024-06-23 18:00
The technology sector is driving the stock market higher in 2024. Stocks like Nvidia (NASDAQ:NVDA) and Microstrategy (NASDAQ:MSTR) are helping the sector to outpace the gains of the market as a whole by better than two-to-one. Yet as the market indices continue to notch new all-time highs, some market darlings don’t deserve the support they’ve received. Others tech stocks to sell don’t have what it takes to go the distance. In any case, investors should use the opportunity to take whatever profits they can ...
3 Short-Squeeze Stocks Outwitting the Pessimistic Predictions
Investor Place· 2024-06-20 10:15
A short-squeeze stocks to buy are something investors need to watch out for. If investors believe that a stock’s price will fall within a certain time frame, they will enter a short position. The buy orders from these short positions artificially raise stock prices.However, bears don’t always get it right. There have been times that they missed the mark and suffered losses on their short positions. Just this year, short sellers lost “nearly $5.5 billion” with Tesla. The company got over regulatory issues hi ...
3 Stocks Ready to Prove the Naysayers Wrong and Deliver Monster Returns
Investor Place· 2024-06-19 19:08
The stock market isn’t perfectly efficient, providing contrarian investors with the necessary latitude to generate excess returns. Although contrarian investing involves risks, it can be equally rewarding, especially when a disparity has emerged between sectoral stock returns.This article is about contrarian investment opportunities. I identified three stocks that could shrug off the negative sentiment attached to them. My search dialed in on systematic factors, company-specific events and valuation multipl ...
3 AI Stocks to Sell in June Before They Crash & Burn
Investor Place· 2024-06-18 20:17
U.S. equities continue their rally, defying all odds. The S&P 500 has climbed 13.9% since the start of the year, while the tech-heavy Nasdaq Composite soared 17.3%. Well-known artificial intelligence (AI) behemoths, particularly Nvidia (NASDAQ:NVDA), are responsible for much of the gains. Moreover, last week turned out to be great from a macroeconomic perspective. The May consumer price index (CPI) report came in lower than most economists had forecasted, and wholesale prices, which are measured via the pro ...
C3.ai(AI) - 2024 Q4 - Annual Report
2024-06-18 20:14
Financial Performance - The company incurred net losses of approximately $279.7 million, $268.8 million, and $192.1 million for the fiscal years ended April 30, 2024, 2023, and 2022 respectively, resulting in an accumulated deficit of $1,089.9 million as of April 30, 2024[145]. - The company anticipates continued increases in operating expenses, which may negatively affect future results if revenue does not increase correspondingly[146]. - Revenue growth may be adversely impacted by factors such as reduced demand for C3 AI Software, increased competition, and the inability to accurately forecast demand[147]. - The average total subscription contract value is decreasing as the company expands its customer base beyond a small number of large customers[148]. - The company relies heavily on subscription renewals and expansions from existing customers, with no contractual obligation for customers to renew or upgrade[151]. - The company derives substantially all of its revenue from subscriptions to C3 AI Software and Center of Excellence support services, making market acceptance critical for continued success[154]. - Future revenue growth is dependent on the successful adoption of the company's C3 AI Software in a competitive market, which remains uncertain[175]. - A decline in new or renewed subscriptions may have a small immediate impact but will negatively affect future revenue[200]. Competition and Market Dynamics - The company faces intense competition from larger competitors with broader offerings and significant resources, which may impact its market share[157]. - Competitors may leverage acquisitions to enhance their offerings and accelerate technology adoption, posing additional challenges for the company[160]. - The company faces significant competition, which may require costly actions to maintain market position, potentially affecting financial results[161]. - Sales cycles for the company's C3 AI Software are long and unpredictable, particularly for large subscriptions, impacting revenue recognition and cash flow management[162]. - The effectiveness of marketing and sales operations is crucial for expanding the customer base and achieving broader market acceptance of C3 AI Software[182]. Customer Acquisition and Retention - The company intends to grow its customer base by introducing lower entry price point offerings, such as the no-code C3 AI Ex Machina[152]. - Strategic relationships with third parties, such as channel partners, are crucial for revenue growth, but maintaining these relationships involves significant risk and resource investment[169]. - Recruiting and training qualified sales representatives is resource-intensive, and failure to do so may hinder revenue growth[183]. - The company faces high customer acquisition costs due to significant investments in sales and marketing programs[183]. Regulatory and Compliance Risks - Compliance with evolving data privacy laws, such as the GDPR and CCPA, may increase legal risks and compliance costs for the company[206]. - The company may face significant fines for non-compliance with data protection laws, such as up to €20 million or 4% of annual global revenues under GDPR[207]. - The inability to implement valid compliance mechanisms for cross-border data transfers could lead to operational disruptions and increased regulatory scrutiny[209]. - New laws governing consumer health data privacy may impose stringent requirements and create private rights of action for violations[214]. - The company's use of AI/ML technologies may result in additional compliance costs and regulatory investigations, impacting business efficiency[213]. - The company faces significant challenges in complying with evolving data privacy and security obligations, which may require substantial resources and could limit the development of new applications and features[215]. Cybersecurity and Data Integrity - Cybersecurity threats, including ransomware and denial-of-service attacks, are increasing, posing risks to the company's operations and data integrity[218]. - The company’s C3 AI Software processes sensitive data, and any security incidents could lead to regulatory investigations, litigation, and reputational harm[216]. - Future business transactions, such as acquisitions, may expose the company to additional cybersecurity risks and vulnerabilities[219]. - The costs associated with responding to security breaches could be significant, potentially leading to unexpected interruptions and negative publicity[221]. - The company may not have adequate insurance coverage for security incidents, which could adversely affect its financial condition[225]. International Operations and Currency Risks - For the fiscal years ended April 30, 2024 and 2023, 6% and 8% of the company's revenue, respectively, were denominated in currencies other than U.S. dollars, exposing it to foreign currency exchange rate fluctuations[232]. - Approximately 5% of the company's sales for the fiscal year ended April 30, 2024, were denominated in euros, compared to 8% in 2023 and 13% in 2022, reflecting a decreasing trend in euro-denominated sales[468]. - A hypothetical 10% change in foreign currency exchange rates could have a material impact on the company's consolidated financial statements, highlighting exposure to foreign currency risk as international operations grow[468]. - The company is expanding its international operations, which may require significant management attention and resources[250]. Legal and Tax Liabilities - The company may face increased tax liabilities due to challenges from taxing authorities regarding its nexus in various jurisdictions[267]. - The application of indirect taxes to online transactions is complex and evolving, potentially impacting the company's business[268]. - The company has not historically collected VAT or GST on its sales, which may lead to future tax liabilities[266]. - Changes in tax laws or interpretations could adversely affect the company’s ability to utilize its NOLs and increase future tax liabilities[272]. Stock and Corporate Governance - The trading price of the Class A common stock has been volatile, influenced by various factors including market fluctuations and high volume retail trading[284]. - The dual class structure of common stock may limit the ability of stockholders to influence corporate matters, potentially affecting the market price of Class A common stock[290]. - The company is subject to potential securities class action litigation, which could divert management's attention and resources[288]. - The company’s exclusion from certain stock indices due to its dual class structure may limit investment from mutual funds and ETFs, adversely affecting trading price and volume[292]. Operational Challenges - The company has experienced disruptions and quality problems with its C3 AI Software and the public cloud infrastructure, which could adversely affect its business and financial condition[227]. - The company actively monitors its liquidity, and any inability to sustain sufficient liquidity could adversely affect its operations and financial position[240]. - The company may require additional capital in the future, and its ability to obtain financing will depend on various factors, including market conditions and operational performance[241]. - The company has limited experience in acquisitions, and any future acquisitions may not strengthen its competitive position or achieve desired goals[242].
Atrium Mortgage Investment Corporation Announces Normal Course Issuer Bid
Newsfile· 2024-06-17 21:00
Toronto, Ontario--(Newsfile Corp. - June 17, 2024) - Atrium Mortgage Investment Corporation (TSX: AI) (TSX: AI.DB.C) (TSX: AI.DB.D) (TSX: AI.DB.E) (TSX: AI.DB.F) (TSX: AI.DB.G) ("Atrium") announced today that the Toronto Stock Exchange (the "TSX") has accepted a notice filed by Atrium of its intention to make a normal course issuer bid (the "NCIB") with respect to its outstanding common shares.The notice provides that Atrium may, during the 12 month period commencing June 24, 2024 and ending no later than ...
2 Top Artificial Intelligence (AI) Stocks Ready for a Bull Run
The Motley Fool· 2024-06-16 09:17
These growth tech stocks could power your retirement.Leading companies benefiting from the booming demand for artificial intelligence (AI) services have been one of the main catalysts sending the S&P 500 and Nasdaq Composite to new highs this year. Investors who put their money in the right stocks could make a lot of money over the next decade in this burgeoning new industry.Here are two promising stocks that could deliver wealth-building returns for shareholders.1. C3.aiC3.ai (AI -4.76%) is a leading AI en ...