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C3.ai, Inc. (AI) reachead $19.35 at the closing of the latest trading day, reflecting no change compared to its last close.
Developing artificial intelligence (AI) software from scratch requires billions of dollars in infrastructure and chips, mountains of data, and extensive technical expertise. The majority of businesses can't string all three ingredients together, especially if they aren't in the technology industry, so they seek alternative solutions instead.
C3 AI (AI) has fallen more than 55% off last year's high. While George Tsilis notes C3 AI has room to turn its stock price direction back around, he believes investors are looking for the "best of breed" industry plays to lead in market volatility.
EDEN PRAIRIE, Minn.--(BUSINESS WIRE)---- $AI #CHRobinson--AT C.H. ROBINSON, ARTIFICIAL INTELLIGENCE HAS NOW PERFORMED OVER 3 MILLION SHIPPING TASKS.
Shares of C3.ai have suffered a disproportionate correction, down ~40% since January. I'm upgrading the stock to a strong buy. The company's exposure to a trade war is limited by the fact that many of its new deals are in recession-proof industries (local government, hospitals and healthcare). The company's ending of its Baker Hughes reseller agreement has been replaced by potentially more lucrative partners, Microsoft and McKinsey & Company.
In the closing of the recent trading day, C3.ai, Inc. (AI) stood at $20.59, denoting a +1.43% change from the preceding trading day.
C3.ai stock remained below the 21-day moving average after more tariffs were announced on Thursday. The post C3.ai Falls On Trump Tariff News; Is AI Stock A Buy Or Sell Now?
The artificial intelligence (AI) trend played a central role in the stock market's rise over the past couple of years. Numerous companies benefited from the proliferation of this rapidly advancing technology, and investors bought their shares hand over fist based on impressive growth rates and sunny long-term prospects.
C3.ai (AI 4.88%) has grown its business by bringing artificial intelligence (AI) capabilities to multiple organizations. The company developed more than 40 industry-specific solutions to help entities address their AI needs.
C3.ai (AI 0.84%) was one of the most popular AI investments when the AI investment wave started in early 2023. While it saw a drawdown later that year, it reached another subsequent peak in December 2024, when the stock nearly hit $43 per share.