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C3.ai Inc. ($AI) Stock Forecast: Down 5.4% Today

Morpher AI identified a bearish signal. The stock price may continue to fall based on the momentum of the negative news.

What is C3.ai Inc.?

AI, or Artificial Intelligence, is a rapidly growing sector in the stock market. With companies like Nvidia leading the way, AI stocks have been highly profitable and sought after by investors. Today, the stock AI experienced a strong bearish movement.

Why is C3.ai Inc. going down?

AI stock is down 5.4% on Jul 9, 2024 14:36

  • The market movement of AI today could be attributed to profit-taking by investors after a period of significant growth in the sector.
  • Discussions around undervalued and overlooked AI stocks may have caused a shift in focus from established players like Nvidia to lesser-known companies, leading to a redistribution of investments.
  • Reports of Bittensor's TAO sliding after a wallet drain attack could have created a sense of caution among investors in the AI sector, prompting some to sell off their positions in AI stocks, including AI itself.

AI Price Chart

AI News

3 Undervalued AI Stocks on the Verge of a Breakout

As one of the fastest-growing industries in the world, it is no surprise that the AI industry has become subject to much attention and speculation, particularly from stock investors. The profitability of AI companies, such as Nvidia (NASDAQ:NVDA), is very evident, and the truth is that AI stocks are among the most lucrative stocks on the market this year.  While there are many big names in the AI industry that might immediately grab investors’ attention, going after smaller, lesser-known names could prove to be a better return on investment. Thanks to the wave of AI adoption, these companies are in an excellent position for massive growth.  There is a lot of upside to investing in AI stocks this year, and many investors recognize that. As the second half of the year begins, and the demand for AI stocks is as high as ever, there is still enough time to make profits from investing in them. Here are three undervalued AI stocks on the verge of a breakout that investors should pay closer attention to.

https://investorplace.com/2024/07/3-undervalued-ai-stocks-on-the-verge-of-a-breakout/

News Article Image 3 Undervalued AI Stocks on the Verge of a Breakout

7 Overlooked AI Stocks That Deserve the Wall Street Spotlight

We all know why forward-thinking investors should consider artificial intelligence. Over time, the underlying innovation could profoundly accelerate productivity. Further, the numbers that experts are projecting are simply astounding. Per Bloomberg, the ecosystem could be worth $1.3 trillion by 2032. Still, you don’t want to just pay any price for your innovation, which brings us to overlooked AI stocks. Yes, you can always choose to buy the usual suspects in the space. We all know everyone’s favorite semiconductor firm. And go ahead and pick up shares if you must. However, it may also be prudent to consider overlooked AI stocks. Primarily, it comes down to common sense. With names like Nvidia (NASDAQ:NVDA), the low-hanging fruit has been plucked. With the underappreciated plays, there are still easy pickings available. Granted, when you choose to ski off-piste, you run the risk of rough terrain. At the same time, you could be rewarded with an experience that few get to enjoy. For the risk-takers, below are overlooked AI stocks to consider.

https://investorplace.com/2024/07/7-overlooked-ai-stocks-that-deserve-the-wall-street-spotlight/

News Article Image 7 Overlooked AI Stocks That Deserve the Wall Street Spotlight

7 Cutting-Edge Tech Stocks to Supercharge Your Profits

Fundamentally, the bullish narrative for targeting cutting-edge tech stocks is rather straightforward. Outside of extraordinary circumstances, the innovation ecosystem always attempts to push society forward. Therefore, should you pick viable enterprises, you stand a better chance of accruing significant profits over the long run. Essentially, the concept undergirding cutting-edge tech stocks is permanently relevant. That doesn’t mean that every idea selected from the broad tech umbrella will perform well. There are zero guarantees in the market and even robust and celebrated enterprises can always fail. That said, the unique backdrop of the current juncture makes individual innovators compelling. With the advancement of artificial intelligence and related innovations, a surge of demand has entered the tech environment. Further, the resounding upside of names like Nvidia (NASDAQ:NVDA) have galvanized support among investors. Now, the focus has shifted toward alternative entities that can deliver the goods. On that note, below are cutting-edge tech stocks to consider.

https://investorplace.com/2024/07/7-cutting-edge-tech-stocks-to-supercharge-your-profits/

News Article Image 7 Cutting-Edge Tech Stocks to Supercharge Your Profits

Bittensor’s TAO Slides 15% After $8M Wallet Drain Attack

Bittensor’s TAO Slides 15% After $8M Wallet Drain Attack

https://www.coindesk.com/tech/2024/07/03/bittensors-tao-slides-15-after-8m-wallet-drain-attack/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

News Article Image Bittensor’s TAO Slides 15% After $8M Wallet Drain Attack

C3.ai Inc. Price History

09.06.2024 - AI Stock was down 5.4%

  • The market movement of AI today could be attributed to profit-taking by investors after a period of significant growth in the sector.
  • Discussions around undervalued and overlooked AI stocks may have caused a shift in focus from established players like Nvidia to lesser-known companies, leading to a redistribution of investments.
  • Reports of Bittensor's TAO sliding after a wallet drain attack could have created a sense of caution among investors in the AI sector, prompting some to sell off their positions in AI stocks, including AI itself.

05.06.2024 - AI Stock was up 5.4%

  • The bullish movement in AI stock can be attributed to the overall surge in demand for artificial intelligence and related innovations in the tech sector.
  • The positive sentiment towards AI stocks may have been further fueled by the discussion around enterprise AI demand and business optimization by C3.AI CEO, highlighting the growing importance of AI in various industries.
  • Despite the positive market movement, news of Bittensor's TAO sliding 15% after a wallet drain attack serves as a reminder of the risks associated with cutting-edge tech stocks, emphasizing the importance of thorough research and due diligence before investing in such companies.

21.05.2024 - AI Stock was down 5.4%

  • The bearish movement in AI's stock price could be attributed to the negative sentiment surrounding some AI stocks.
  • The surge in AI tokens, led by FET and AGIX, along with Nvidia becoming the world's most valuable company, might have diverted investor attention away from traditional AI stocks like AI, leading to a sell-off.
  • The mention of short-squeeze stocks and the potential losses faced by short sellers, including those related to Tesla, could have added to the bearish pressure on AI's stock price.
  • The overall market optimism, especially towards tech stocks with AI exposure benefiting from falling consumer prices and the possibility of rate cuts, might have further emphasized the underperformance of AI, prompting investors to shift their focus to other more promising opportunities.

14.05.2024 - AI Stock was down 6.1%

  • The bearish movement in AI stock could be attributed to the negative sentiment surrounding AI stocks due to antitrust concerns rising in the industry.
  • The scrutiny faced by Alphabet's AI-powered search engine, Google, for potentially reducing visibility and traffic to other websites with its AI Overviews, might have cast a shadow on the entire AI sector.
  • As investors become wary of the ethical implications and competitive practices in the AI industry, the uncertainty surrounding potential lawsuits and regulatory challenges could have led to the bearish trend in AI stocks.
  • While hardware stocks like Nvidia have been rallying recently, the focus on software companies with AI features might have shifted, impacting the performance of AI stocks in the market today.

13.05.2024 - AI Stock was down 5.0%

  • The bearish movement in AI's stock price could be attributed to the negative sentiment surrounding AI stocks due to antitrust concerns rising in the industry.
  • The scrutiny faced by Alphabet's AI-powered search engine, Google, for potentially reducing visibility and traffic to other websites with its AI Overviews might have created a ripple effect of caution among investors in the AI sector.
  • With the market focusing on potential antitrust regulations and ethical implications in the AI industry, investors might be shifting their positions away from AI stocks like AI, leading to the bearish movement observed today.

11.05.2024 - AI Stock was up 5.5%

  • The stock of C3.ai displayed a bullish trend today after the release of positive guidance for the year, signaling promising growth opportunities for the company.
  • In light of discussions questioning C3.ai's top position, overall sentiments indicate optimism regarding the company's future potential in the AI industry.
  • While AI-linked crypto tokens faced a drop following Apple's recent event, C3.ai remained resilient with its favorable outlook.
  • Comparisons between investing in C3.ai and Super Micro Computer mirror the ongoing competition in the AI tech sector, with C3.ai currently winning investor favor due to its growth potential.

10.05.2024 - AI Stock was up 5.0%

  • The buzz around AI stocks continues to grow, with investors seeking out the next big opportunity in this rapidly expanding sector.
  • Highlighting the potential of AI companies like Nvidia and C3.ai, articles are fueling investor optimism and driving up stock prices.
  • The projected growth of the global AI market, along with the increasing integration of AI technologies across industries, is creating a bullish outlook for AI stocks.
  • As smaller AI startups gain traction and larger companies demonstrate strong performance, the AI sector as a whole is poised for further growth and innovation.

31.04.2024 - AI Stock was up 9.0%

  • C3.ai stock surged after revealing strong financial results for its fiscal fourth quarter, surpassing revenue expectations and posting a better-than-anticipated adjusted loss per share.
  • Analysts express optimism about the company's profitability, the market's enthusiasm for AI, expansion into new sectors, increased customer engagement, and the rapid acquisition of enterprise clients.
  • There is a growing positive outlook in the AI industry for software companies as potential future successes, particularly in developing new AI models and applications. This trend might be contributing to the increased investor interest in C3.ai.
  • Despite Salesforce's disappointing guidance causing a significant drop in its stock value, C3.ai distinguished itself with robust performance, which could be attracting investors seeking growth opportunities in the AI sector.

30.04.2024 - AI Stock was up 15.6%

  • AI stocks have shown strong performance, with the company reporting impressive financial results for its fiscal fourth quarter, including increased revenue and surpassing analyst expectations for earnings per share.
  • The trend towards software stocks within the AI sector may be influencing positive sentiment and investor interest in companies like AI Inc.
  • The recent less-than-encouraging guidance from a prominent tech industry player has led to a decline in futures and rates, potentially prompting investors to turn their attention towards AI stocks like AI Inc.
  • In general, the favorable financial outcomes and the industry-wide shift towards software stocks may have driven the uptrend in AI Inc's stock value today.

30.04.2024 - AI Stock was up 11.3%

  • The bullish movement in AI stock today could be attributed to the strong revenue growth highlighted in the latest earnings call transcripts.
  • Despite operating losses, investors seem to be focusing on the positive revenue growth, which is driving the stock price higher.
  • The disappointing guidance from another company, leading to a significant decline in their stock, may have indirectly benefited AI as investors shift their focus to companies with more promising financial performance.
  • The overall market sentiment, with futures and rates dropping due to various factors, might have also contributed to investors seeking refuge in AI stock, pushing its price higher.

14.04.2024 - AI Stock was up 5.4%

  • A recent partnership with C3.ai to enhance fuel cell performance and analytics could have boosted investor confidence in AI's growth potential and technological capabilities.
  • Noteworthy opinions expressed in the industry may have led investors to shift their focus towards AI, viewing it as a more favorable investment option in the AI sector.
  • The positive news of collaboration combined with the comparative advantage over C3.ai might have driven increased buying interest in AI, contributing to its bullish movement today.

13.04.2024 - AI Stock was up 5.1%

  • AI experienced a strong bullish movement likely due to positive market sentiment towards AI companies.
  • Despite Palantir's tumbling stock price following reports of slowing sales, the overall AI sector seems to be resilient.
  • Investors may be favoring AI companies with strong growth potential and diversified revenue streams, leading to a positive outlook for AI in today's trading session.
  • Jim Cramer's negative sentiment towards AI in the lightning round may have been overshadowed by broader market dynamics and the company's unique positioning within the AI industry.

16.03.2024 - AI Stock was down 6.5%

  • The market reacted negatively to economic factors affecting the future prospects of AI stocks, leading to a slump in the company's stock price.
  • Despite recent business expansion and new deals, investors may be concerned about the company's path to profitability, contributing to the bearish movement.
  • The appointment of Alan Murray to the board and the industry-wide focus on AI development, as seen with NEAR hiring AI engineers, could indicate long-term growth potential for the company, but short-term market sentiment overshadowed these positive developments.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.