Revenue rose 26%, to $98.8 million. Analysts surveyed by FactSet forecast revenue of $98.1 million. C3.ai said it expanded its distribution network in the third quarter, building on partnerships with Microsoft,
Forbes on MSN6d
Nvidia Earnings: AI Giant Brought In $39 Billion During Fourth Quarter—Smashing ForecastsIn its fourth fiscal quarter ending last month, Nvidia reported $39.3 billion in revenue, $0.89 adjusted earnings per share and $22.1 billion of net income, equating to year-over-year revenue growth of 78% and profit growth of 71%.
C3.ai Inc. shares tumbled more than 5% in extended trades Wednesday, despite better-than-expected revenue and a narrower-than-expected loss in the company’s fiscal third-quarter.
Baron Funds, an investment management company, released its “Baron Growth Fund” fourth quarter 2024 investor letter. A copy of the letter can be downloaded here.
Lost luster? Salesforce's Agentforce won't make a meaningful contribution to this year's revenue and Nvidia's strong report still forecasts slowing growth from 2024.
C3.ai said it expanded its distribution network in the third quarter, building on partnerships with Microsoft, Amazon Web Services and McKinsey & Co.
Advanced Micro Devices, Inc.'s stock surged to $220 by March 2024 due to AI GPU optimism but halved as gaining market share from NVIDIA proved difficult. Learn more on AMD stock here.
Nvidia (NVDA) stock advanced by more than 3% ahead of the AI chip giant’s scheduled release of its fiscal fourth-quarter earnings after the close today. The shares of chip designers Broadcom (AVGO) and Micron (MU) also gained.
Shares of C3.ai Inc. AI slipped 1.80% to $23.45 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 1.59% to 5,954.50 and the Dow Jones Industrial Average DJIA rising 1.
Nvidia said sales, driven by the chips that power artificial intelligence, rose 78% to $39.3 billion in its latest quarter. Net income rose 80% to $22 billion. Both figures came in ahead of Wall Street’s expectations.
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