Business / Finance

C3.ai slides after AI-play scarps profit target

Logo Channel NewsAsiaChannel NewsAsia
2023-09-07 11:55:25  • 2 mins

Best News Website or Mobile Service

WAN-IFRA Digital Media Awards Worldwide 2022

Best News Website or Mobile Service

Digital Media Awards Worldwide 2022

:Shares of C3.ai Inc fell nearly 13 per cent on Thursday, after the software company scrapped its quarterly forecast that it would be profitable by end of the fiscal year as it looks to invest further in its generative AI offerings.

The $3.71 billion stock, among the small-cap AI firms that have benefited from excitement around Generative AI sparked by the success of ChatGPT, has surged about 180 per cent so far this year.

The stock was trading at a more than three-month low of $27.31.

Continue read on channelnewsasia.com

Business / Finance
1 Artificial Intelligence (AI) Stock to Buy Now That Could Soar Like Nvidia
Bloomberg Intelligence believes generative AI could soar to become a $1.3 trillion market by 2032 as more companies invest in their technical capabilities....
Logo NasdaqNasdaq
2023-09-30 16:15:00  • 2 mins
Business / Finance
Up 52% This Year, Is Adobe Stock Still a Good Buy?
Adobe 's (NASDAQ: ADBE) stock has benefited from the renewed bullishness in the tech sector this year. Gaining more than 50%, the shares have pushed back up...
Logo NasdaqNasdaq
2023-09-30 11:19:00  • 1 min
Business / Finance
Is Unity Software Stock a Buy Right Now?
Fool.com contributor Parkev Tatevosian looks at the critical financial metrics of Unity Software (NYSE: U) to answer if investors should buy the growth...
Logo NasdaqNasdaq
2023-09-29 21:03:46  • 1 min
Business / Finance
Amazon Is Investing $4 Billion in a ChatGPT Competitor. Here's Why.
The world's leading e-commerce company, Amazon (NASDAQ: AMZN), announced that it was investing up to $4 billion in a young artificial intelligence company...
Logo NasdaqNasdaq
2023-09-29 10:45:00  • 1 min
Business / Finance
AI Stocks To Buy In October 2023? 2 To Know
The Artificial Intelligence sector represents one of the most transformative waves in the technological landscape. This field, which involves the creation of...
Logo NasdaqNasdaq
2023-09-29 14:03:54  • 2 mins
Business / Finance
Why Velo3D Stock Skyrocketed Today
What happened Velo3D (NYSE: VLD) stock saw explosive gains in Firday's trading. The company's share price closed out the daily session up 24.8%, according to...
Logo NasdaqNasdaq
2023-09-29 22:05:00  • 1 min
Business / Finance
Here's What Investors Should Know About Amazon's AI Strategy, and Its $4 Billion Anthropic Bet
The artificial intelligence (AI) revolution kicked into a higher gear this year. In January, Microsoft added $10 billion to its $3 billion stake in ChatGPT...
Logo NasdaqNasdaq
2023-09-29 10:25:00  • 1 min
Business / Finance
Technology Sector Update for 09/29/2023: VRAR, INTC, ASML, TRMB, OPRA
Tech stocks were higher late Friday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 0.4% and the Philadelphia Semiconductor index gaining...
Logo NasdaqNasdaq
2023-09-29 19:43:04  • 1 min
Technology
Top Research Reports for Adobe, S&P Global & Arista Networks
Friday, September 29, 2023 The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research...
Logo NasdaqNasdaq
2023-09-29 18:04:00  • 1 min
Business / Finance
3 Red-Hot Growth Stocks to Buy in 2023 and Beyond
Growth stocks have become more expensive this year as investors gained confidence that the U.S. economy will avoid a recession in the near future. The Nasdaq...
Logo NasdaqNasdaq
2023-09-29 20:15:00  • 1 min
Business / Finance
Great News for CrowdStrike Stock Investors
Fool.com contributor Parkev Tatevosian discusses an investor update where CrowdStrike (NASDAQ: CRWD) told shareholders the future is brighter. *Stock prices...
Logo NasdaqNasdaq
2023-09-30 14:15:00  • 1 min
Business / Finance
Top Rated Tech Stocks to Buy for October
Rounding out September and heading into the fourth quarter the broader technology sector has lost some steam with the Nasdaq down -6% for the month but still...
Logo NasdaqNasdaq
2023-09-30 01:05:00  • 1 min
Business / Finance
1 Green Flag for AMD in 2023 and 1 Red Flag
A boom in the artificial intelligence (AI) market this year made Advanced Micro Devices (NASDAQ: AMD) a favorite on Wall Street. Its shares are up around 50%...
Logo NasdaqNasdaq
2023-09-29 09:08:00  • 1 min
Business / Finance
Should You Buy CrowdStrike Stock at Current Prices?
Fool.com contributor Parkev Tatevosian evaluates CrowdStrike (NASDAQ: CRWD) stock and its key financial metrics to determine if it's a good buy for growth...
Logo NasdaqNasdaq
2023-09-29 20:17:54  • 1 min
Business / Finance
Alphabet and Meta Platforms Better Watch Out for Amazon
Fool.com contributor Parkev Tatevosian explains why the two digital advertising leaders have a formidable foe in Amazon (NASDAQ: AMZN). *Stock prices used...
Logo NasdaqNasdaq
2023-09-29 19:40:37  • 1 min
Business / Finance
1 Super Semiconductor Stock Down 21% You'll Wish You'd Bought on the Dip
Over the past few years, investors have paid a growing amount of attention to semiconductor stocks. Advanced chips are powering an increasing number of...
Logo NasdaqNasdaq
2023-09-29 20:00:00  • 1 min
Business / Finance
Better Artificial Intelligence (AI) Stock: Microsoft vs. Alphabet
Data from Grand View Research shows the artificial intelligence (AI) market is worth $137 billion, and is projected to expand at a compound annual growth...
Logo NasdaqNasdaq
2023-09-27 14:15:00  • 1 min
Business / Finance
2 Top Tech Stocks Ready for a Bull Run
Year to date, tech stocks are still on track for a banner year, but some of the air in the rally has come out over the last month or two. Enthusiasm about...
Logo NasdaqNasdaq
2023-09-30 11:53:00  • 1 min
Business / Finance
Why Shares of Nikola Corp Shot Up This Week
What happened Shares of Nikola Corp. (NASDAQ: NKLA) rocketed as much as 36% higher this week, according to data provided by S&P Global Market...
Logo NasdaqNasdaq
2023-09-29 22:56:56  • 2 mins
Business / Finance
1 Growth Stock Down 86% You'll Regret Not Buying on the Dip
The height of the pandemic during 2020 and 2021 drove some interesting trends as society adjusted to travel restrictions and lockdowns. It suddenly became...
Logo NasdaqNasdaq
2023-09-29 20:07:00  • 2 mins
30 Sep, 2023 >
Pep Guardiola points finger at Man City stars after Wolves exploit weakness
Sep 30, 2023  | 19:58
Sofyan Amrabat slammed as fish out of water after miserable Man Utd Premier League debut
Sep 30, 2023  | 19:56
Championship roundup: West Brom hit four to end Prestons unbeaten start
Sep 30, 2023  | 19:52
Family unaware Hunka would be honoured in Parliament, friend says
Sep 30, 2023  | 19:50
World >
Watch: Driver smashes through wall into police station
Sep 30, 2023  | 14:18
Ireland's biggest drugs seizure: Eighth person arrested
Sep 30, 2023  | 16:18
Offaly: Lorna Woodnutt named as woman killed in her home
Sep 30, 2023  | 16:40
'This could be the end of us' - US businesses fear worst ahead of shutdown
Sep 30, 2023  | 17:18
Business >
3 Ways Retiring Early May Actually Backfire on You
Sep 30, 2023  | 19:00
Is This Cathie Wood Metaverse Stock a Buy Right Now?
Sep 30, 2023  | 19:04
1 Artificial Intelligence (AI) Stock to Buy Now That Could Soar Like Nvidia
Sep 30, 2023  | 19:15
Metas return to office is a mess even as it cracks down on remote work rebels: We have not yet figured out hybrid work
Sep 30, 2023  | 19:36
Politics >
PM warns 'denialism' is rising as National Truth and Reconciliation Day events kick off
Sep 30, 2023  | 19:30
Family unaware Hunka would be honoured in Parliament, friend says
Sep 30, 2023  | 19:50
DA: Officers Justified in Shooting, Killing Woman Who Fired at Them
Sep 30, 2023  | 19:34
Pilot of Small Plane Dies After Crash in Alabama Field
Sep 30, 2023  | 19:34
Health >
Britain's unhealthiest sandwiches revealed - so how bad is YOUR favourite? Use our search tool to...
Sep 30, 2023  | 15:58
Living with long Covid, Im terrified of being reinfected with one of the new variants
Sep 30, 2023  | 17:03
Billy Connolly had 'serious falls' after balance issues, says wife
Sep 30, 2023  | 17:59
Covid: Bereaved families criticise Department of Health
Sep 30, 2023  | 19:07
Entertainment >
Homecoming Mums, Part of a Texas Tradition, Are Bigger Than Ever
Sep 30, 2023  | 16:00
Danny Robins: Paranormal activity can bring people comfort
Sep 30, 2023  | 16:46
Review: U2 Was in Las Vegas Limbo on Spheres Opening Night
Sep 30, 2023  | 17:14
Nancy Van de Vate, Composer and Advocate for Women in Music, Dies at 92
Sep 30, 2023  | 19:42
Science >
Dorset wild salmon study aims to tackle species decline
Sep 30, 2023  | 11:13
'People just can't afford guinea pigs any more'
Sep 30, 2023  | 11:37
Hunter-Gatherers Were Making Baskets 9,500 Years Ago, Researchers Say
Sep 30, 2023  | 16:00
East Anglia campaigners gather to protest against pylon plans
Sep 30, 2023  | 18:59
Lifestyle >
Model-Off-Duty: Street Style at Milan Fashion Week
Sep 30, 2023  | 10:00
Gwyneth Paltrow Looks Back at 15 Years of Goop and More: Dont Put Me on Truth Serum.
Sep 30, 2023  | 12:00
34 aos de diferencia de edad y un matrimonio de tres
Sep 30, 2023  | 12:01
Gorgeous Thieboudienne, Maple-Butter Roast Chicken and Gochujang Potato Stew
Sep 30, 2023  | 18:00
Auto >
Biden Heads to UAW Picket Line in Michigan
Sep 26, 2023  | 12:02
A Changing Auto Industry, but Still Good Stories in Detroit
Sep 29, 2023  | 10:00
Yuki Tsunoda: The Potty-Mouthed Japanese F1 Racer Who Became a Cult Star
Sep 28, 2023  | 9:40
Environment >
Biden Administration to Offer Fewest Offshore Oil and Gas Leases in History
Sep 29, 2023  | 15:30
Why Smaller Storms Are Growing More Fearsome, More Often
Sep 30, 2023  | 10:00
Bidens Ambitious Promise for Lead Pipe Removal Comes Under Scrutiny
Sep 30, 2023  | 12:00
After Intense Floods, New York City Lurches Back to Life
Sep 30, 2023  | 18:37
Travel >
Want a Vacation Souvenir? Buy Toothpaste.
Sep 26, 2023  | 12:02
The Best Restaurants in Los Angeles Right Now
Sep 26, 2023  | 12:01
A Tasting Room for Black Currant Liquor in Upstate New York
Sep 28, 2023  | 16:00
A Sri Lankan Bakers Baguette Conquers France
Sep 29, 2023  | 12:01
Sports >
THE NOTEBOOK: Roy Hodgson makes Premier League history with win against Manchester United as Erik...
Sep 30, 2023  | 19:39
Pep Guardiola points finger at Man City stars after Wolves exploit weakness
Sep 30, 2023  | 19:58
Championship roundup: West Brom hit four to end Prestons unbeaten start
Sep 30, 2023  | 19:52
Sofyan Amrabat slammed as fish out of water after miserable Man Utd Premier League debut
Sep 30, 2023  | 19:56
Education >
Coggeshall school hit by concrete crisis installs new buildings
Sep 28, 2023  | 8:17
Scotland schools strike: Nicola Sturgeon joins picket line in Edinburgh
Sep 28, 2023  | 12:42
University of Pennsylvania R.A.s Vote to Unionize
Sep 29, 2023  | 6:05
Michigan School Shooter Is Found Eligible for Life Sentence Without Parole
Sep 29, 2023  | 17:47
Press Release >
Family unaware Hunka would be honoured in Parliament, friend says
Sep 30, 2023  | 19:50
Pep Guardiola points finger at Man City stars after Wolves exploit weakness
Sep 30, 2023  | 19:58
Championship roundup: West Brom hit four to end Prestons unbeaten start
Sep 30, 2023  | 19:52
Sofyan Amrabat slammed as fish out of water after miserable Man Utd Premier League debut
Sep 30, 2023  | 19:56