US12468P1049 - Common Stock
This little AI company still has a lot to prove.
Palantir Technologies (NASDAQ: PLTR) has been one of the hottest stocks on the market in 2024, logging amazing gains of 319% as of this writing. The company's artificial intelligence (AI) software platform has been in terrific demand from customers and governments looking to integrate generative AI into their data analysis. Palantir's revenue growth accelerated in recent quarters, and its sizable revenue pipeline suggests that it could maintain that momentum in 2025 as well.
The Nasdaq held at highs, but the broader market struggled as yields jumped.
What are analysts saying about C3.ai stock after the company's recent quarterly report?
Even "beating earnings" isn't necessarily good news for C3.ai.
AI earnings call for the period ending September 30, 2024.
Monday's after hours session: top gainers and losers
C3.ai Inc., a data-analysis software company, gained about 13% in extended trading after reporting quarterly revenue that topped estimates and raising its full-year sales forecast.
AI stock rose after artificial intelligence software maker C3.ai reported a smaller-than-expected fiscal Q2 loss. Revenue topped estimates.