C3 AI shares tumbled after the company announced a 26% global workforce reduction and reported quarterly revenue and earnings that fell far short of market expectations.
#YonhapInfomax #C3AI #Earnings #WorkforceReduction #Revenue #SharePriceDrop #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=107182
C3 AI Shares Plunge on Workforce Reduction and Disappointing Earnings

C3 AI shares tumbled after the company announced a 26% global workforce reduction and reported quarterly revenue and earnings that fell far short of market expectations.

Yonhap Infomax
C3.ai shares fell over 2% in after-hours trading as the AI software firm missed revenue estimates despite narrowing its quarterly loss, with gross margin at 40%.
#YonhapInfomax #C3Ai #Revenue #AfterHours #GrossMargin #EarningsResults #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=93893
C3.ai Shares Drop Over 2% After Hours on Revenue Miss

C3.ai shares fell over 2% in after-hours trading as the AI software firm missed revenue estimates despite narrowing its quarterly loss, with gross margin at 40%.

Yonhap Infomax
C3 AI shares plunged over 10% in after-hours trading after reporting a sharp revenue decline and wider losses, with a new CEO appointed amid ongoing restructuring.
#YonhapInfomax #C3AI #EarningsReport #AfterHoursTrading #RevenueDecline #CEOAppointment #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=80111
C3 AI Shares Plunge Over 10% After Disappointing Earnings Report

C3 AI shares plunged over 10% in after-hours trading after reporting a sharp revenue decline and wider losses, with a new CEO appointed amid ongoing restructuring.

Yonhap Infomax
C3.ai stock tanks. Shares plunged 25% after weaker-than-expected revenue projections. #AI #C3ai #StockWatch
C3.ai shares plunged over 30% after reporting preliminary quarterly revenue 33% below guidance, prompting analysts to slash price targets and downgrade outlooks.
#YonhapInfomax #C3Ai #EarningsMiss #SharePrice #PriceTarget #ArtificialIntelligence #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=76678
C3.ai Shares Plunge 30% on 'Catastrophic' Earnings Miss, Price Targets Slashed

C3.ai shares plunged over 30% after reporting preliminary quarterly revenue 33% below guidance, prompting analysts to slash price targets and downgrade outlooks.

Yonhap Infomax

AI stocks took a downward spin
As short-seller attacked C3.ai twin
In response to the jab
Investors didn't grab
And the stocks went on a deep decline

#ai #c3ai #shortseller #stocks #limerick #poetry

https://www.reuters.com/technology/ai-stocks-tumble-after-short-seller-attack-c3ai-2023-04-05/

AI stocks tumble after short-seller attack on C3.ai

Artificial intelligence (AI) stocks fell on Wednesday after a short seller alleged accounting issues at retail darling C3.ai Inc <a href="https://www.reuters.com/companies/AI.N" target="_blank">(AI.N)</a>, dampening investor interest in the group of small companies that have wildly outperformed the market this year.

Reuters
#GenerativeAI is about to upend #enterprise #software & #cybersecurity..#C3ai enterprise search bar retrieves answers from w/in a specific organization’s own #knowledgebase, then both summarize that info into a concise paragraphs & provide citations to the original documents where it found that info..the new search tool can generate #analytics, including #charts and #graphs, on the fly..will begin rolling it out DoD, intel community, Air Force, Koch Industries, Shell Oil https://fortune.com/2023/01/31/generative-a-i-is-about-to-upend-enterprise-software-and-cybersecurity/
Generative A.I. is about to upend enterprise software—and cybersecurity

The company highlights the fast-moving race to upend workplace productivity tools. Plus more from Qatalog and Darktrace.

Fortune