C3.ai, Inc. specializes in providing artificial intelligence software solutions to businesses across various industries
The company focuses on enabling organizations to design, deploy, and operate large-scale AI applications at speed and scale, enhancing their operational efficiency and decision-making capabilities. By offering a comprehensive suite of tools, C3.ai empowers clients to harness the power of machine learning and data analytics, facilitating improved insights and automation in areas such as predictive maintenance, fraud detection, and supply chain optimization. Furthermore, their platform supports the integration of real-time data, allowing organizations to adapt and respond to changing market conditions effectively.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the data infrastructure industry, including Teradata (NYSETDC) and its peers.
Several AI-linked stocks are trading higher in Monday's after-hours session after Palantir Technologies shares rocketed higher on the back of blowout earnings. Here's what you need to know.
Shares of artificial intelligence (AI) software company C3.ai (NYSEAI)
fell 5.7% in the morning session after the major indices tumbled (Nasdaq down 1.1%, S&P 500 down 1.0%) while yields soared, as the Bureau of Labor Statistics reported non-farm payrolls for the month of December 2024, which was stronger than expected, raising concerns the Fed might hold rates at the current levels for longer. Payrolls jumped by 256,000, far surpassing analysts' forecasts of a 155,000 gain. Meanwhile, the unemployment rate dipped slightly to 4.1%, signaling resilience in the U.S. job market. While the data can be interpreted as good news for the U.S. economy, it casts uncertainty over assets like stocks. Investors now view the robust jobs data as further justification for the Fed to maintain its current rate stance in upcoming policy meetings.
