Why C3.ai, Intel, Advanced Micro Devices, and Other Artificial Intelligence (AI) Stocks Slumped on Friday

Economic factors overshadowed the group's future prospects.One of the biggest catalysts propelling the market higher over the past year or so has been the advent of artificial intelligence (AI). Businesses and market watchers alike agree that the potential for productivity increases could boost profits, benefiting enterprises and shareholders alike. Investors are also waiting on the edge of their seats for insight from the Federal Reserve Bank regarding the future trajectory of interest rates, and when the ...