BigBear.ai stock is rocketing higher on exciting new contract news. But are investors getting ahead of themselves?BigBear.ai (BBAI 27.44%) stock is surging Wednesday. The company's share price was up 29% as of 2:30 p.m. ET, according to data from S&P Global Market Intelligence. Shares had been up as much as 47.4% earlier in the day's trading.After the market closed yesterday, BigBear published a press release announcing that it had landed a new contract. The software specialist will be providing services to ...

U.S. stocks traded lower midway through trading, with the Dow Jones index falling more than 50 points on Wednesday.The Dow traded down 0.16% to 40,767.87 while the NASDAQ fell 0.14% to 17,792.53. The S&P 500 also fell, dropping, 0.06% to 5,593.92.Check This Out: Executives Buying W. P. Carey And 2 Other StocksLeading and Lagging SectorsMaterials shares climbed by 0.7% on Wednesday.In trading on Wednesday, financials shares fell by 0.6%.Top HeadlineCrude oil inventories in the U.S. fell by 4.649 million barr ...

Check BigBear.ai's bottom-line stats before indulging in millionaire-maker fantasies.Are you thinking about betting big money on BigBear.ai Holdings (BBAI 24.81%)? Hold your horses. BigBear.ai's share price pops and drops may have had more to do with general artificial intelligence (AI) sentiment shifts than anything specific to the company.Moreover, drilling down on BigBear.ai's latest round of financial figures might not put you in the mood to slap down a cool $100,000 on BigBear.ai stock (assuming you ha ...

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With the recent global stock market rout fueled by sudden weakness in artificial intelligence companies, it’s an ideal time to consider offloading overhyped AI stocks.Few expected such a massive tumble at the stock market, but denying how overheated AI stocks had become is tough. AI has been the biggest investing theme over the past few years, driving the stock market to record gains. Yet, many on Wall Street predicted a major correction in AI stocks, with investors demanding tangible AI-driven operational ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number 001-40031 BigBear.ai Holdings, Inc. (Exact name of registrant as specified in its charter) Registrant ...

BigBear.ai Holdings, Inc. (BBAI) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.07. This compares to loss of $0.12 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 42.86%. A quarter ago, it was expected that this company would post a loss of $0.07 per share when it actually produced a loss of $0.22, delivering a surprise of -214.29%.Over the last four quarters, the company ...

Exhibit 99.1 BigBear.ai Announces Second Quarter 2024 Results • Revenue up 3.4% to $39.8 million compared to $38.5 million in 2023, up 20% QoQ vs. 1Q24. • Cash balance of $72.3 million as of June 30, 2024. • Announced upcoming exercises for ConductorOS distributed platform. • Signed MSA with Heathrow Airport to deliver advanced technologies to Europe's largest airport. • Adjusting full-year 2024 revenue guidance to $165-$180 million. COLUMBIA, MD – August 1, 2024 – BigBear.ai Holdings, Inc. (NYSE: BBAI) ("B ...

I believe the next few quarters will bring a harsh dose of reality for many AI stocks. Many of these stocks have decoupled from their underlying business fundamentals. Hype and speculation, rather than revenues and profits, are driving their valuations.We’ve already seen the bubble start to burst for some AI startups. Their stock prices have cratered from stratospheric levels, sending their valuations back to earth. I expect this trend to continue and spread to other overhyped names.As the initial frenzy fa ...

In the latest market close, BigBear.ai Holdings, Inc. (BBAI) reached $1.48, with no movement compared to the previous day. The stock outperformed the S&P 500, which registered a daily loss of 0.71%. Elsewhere, the Dow saw a downswing of 0.93%, while the tech-heavy Nasdaq depreciated by 0.81%.The company's shares have seen an increase of 23.33% over the last month, surpassing the Computer and Technology sector's loss of 3.88% and the S&P 500's gain of 1.08%.The investment community will be paying close atten ...