Why C3.ai, Intel, Advanced Micro Devices, and Other Artificial Intelligence (AI) Stocks Slumped on Friday [Yahoo! Finance]
C3.ai, Inc. Class A (AI)
Last c3.ai, inc. class a earnings: 2/6 04:35 pm
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Source: Yahoo! Finance
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 central bank might reverse course and begin cutting interest rates. With that as a backdrop, AI software maker C3.ai (NYSE: AI) fell 5.2%, chipmaker Intel (NASDAQ: INTC) tumbled 5.2%, semiconductor specialist Advanced Micro Devices (NASDAQ: AMD) slumped 4.2%, memory and storage solutions specialist Micron Technology (NASDAQ: MU) dropped 3.9%, and foundry Taiwan Semiconductor Manufacturing (NYSE: TSM) tumbled 3.2% by the time the market closed on Friday. A check of all the usual suspects -- regulatory filings, financial reports, and changes to analysts' price targets -- revealed a few bits of company-specific news to explain the falling stock prices (more on that in a bit), which s
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News
- C3.ai Is Undervalued, But Will Face Profitability Pressures [Forbes]Forbes
- C3 AI to Announce Financial Results for Fourth Quarter and Fiscal Year 2024 on May 29, 2024Business Wire
- Better AI Stock: SoundHound AI vs. C3.ai [Yahoo! Finance]Yahoo! Finance
- C3.AI INVESTIGATION CONTINUED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of C3.ai, Inc. - AIBusiness Wire
- C3.ai, Inc. (AI) Beats Stock Market Upswing: What Investors Need to Know [Yahoo! Finance]Yahoo! Finance
AI
Earnings
- 2/28/24 - Beat
AI
Analyst Actions
- 2/29/24 - Canaccord Genuity
AI
Sec Filings
- 4/11/24 - Form 8-K
- 3/18/24 - Form 4
- 3/18/24 - Form 4
- AI's page on the SEC website