C3.ai Shares Up 14% in a Month: What's Next for AI Investors?
C3.aiC3.ai(US:AI) 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 ...

C3.ai Shares Up 14% in a Month: What's Next for AI Investors? - Reportify