Why C3.ai Stock Is Soaring Today
C3.ai(AI) The Motley Fool·2025-01-22 18:59Shares of C3.ai (AI 4.05%) are trading higher on Wednesday. The firm's stock is up 5.1% as of 1:20 p.m. ET, gaining as much as 8.7% earlier in the day. The leg up came as the S&P 500 (^GSPC 0.71%) and Nasdaq Composite (^IXIC 1.32%) gained 0.7% and 1.3%, respectively.Amidst a flurry of executive orders benefiting the artificial intelligence (AI) industry at large, C3.ai announced a new strategic alliance with McKinsey & Company, the major global management consulting firm.The new venture aims to create major ...