Wall Street is expected to continue its recent gains, fueled by optimism around Nvidia's upcoming earnings and the potential long-term boost in earnings per share from the adoption of artificial intelligence (AI). According to Goldman Sachs, companies with high exposure to AI adoption and larger size are likely to see increased valuation multiples as the adoption timeline becomes clearer.
C3.ai's stock rose 4% after signing a new deal with the U.S. Air Force to provide air logistics-optimization services, bolstering the company's prospects for future growth.
Summary: Microsoft appears to be a strong investment for long-term investors due to its competitive advantages and strong financial performance, while C3.ai's speculative growth outlook and high valuation make it a less favorable investment option in the AI space.
Investors have lost interest in recession stocks like Campbell Soup due to the hype surrounding artificial intelligence, opting instead for top tech performers tied to AI such as Nvidia, Meta Platforms, and Microsoft.
The stock market's recovery in 2023, driven by technology stocks and the growing interest in artificial intelligence (AI), suggests that a new bull market may be underway, making it a good time to consider buying AI stocks like Advanced Micro Devices and Palo Alto Networks.
Artificial intelligence (AI) stocks have cooled off since July, but there are three AI stocks worth buying right now: Alphabet, CrowdStrike, and Taiwan Semiconductor Manufacturing. Alphabet is a dominant player in search, advertising, and cloud computing with strong growth potential, while CrowdStrike offers AI-first security solutions and is transitioning into profitability. Meanwhile, Taiwan Semiconductor Manufacturing is a leading chip manufacturer with long-term potential and strong consumer demand.
The rise of AI is not guaranteed to upend established companies, as incumbents have advantages in distribution, proprietary datasets, and access to AI models, limiting the opportunities for startups.
Investors were disappointed by Marvell Technology's lack of a beat-and-raise, but analysts still see potential in the stock due to the growth of artificial intelligence.
The rush of capital into Generative Artificial Intelligence (AI) is heavily dependent on Nvidia, as its better-than-expected second quarter results and forecast raise investor expectations and drive capital flows into the Generative AI ecosystem.
Adobe's strong performance and integration of generative AI in its products have led to high valuations for the stock, but there are concerns that competitors may narrow the gap and reduce its advantage. While near-term growth is expected, the rich valuations may limit strong returns relative to the broader market index, leading to a neutral rating for the stock.
C3.ai, a company that sells AI software to enterprises, is highly unprofitable and trades at a steep valuation, with no significant growth or margin expansion, making it a risky investment.
Ark Invest founder Cathie Wood believes that investing in AI stocks is still a good opportunity, as any company with proprietary data and AI expertise can leverage AI to become more competitive and transform industries.
HP Inc.'s stock dropped 10.7% in after-hours trading following mixed financial results and a cautious outlook, with CEO Enrique Lores noting that the external environment has not improved as expected and PC pricing has been a challenge, but the availability of AI products in late 2024 is expected to boost sales.
Palantir's stock was downgraded by Morgan Stanley analyst Keith Weiss, stating that while the company's valuation reflects optimism in AI, it will take time for Palantir to generate significant revenue from its AI offerings.
C3.ai (NYSE: AI) is a highly shorted stock with 33% short interest, but its underlying fundamentals, including a strong balance sheet and revenue growth potential, suggest it is attractively valued and a "Buy" for long-term investors seeking high-risk, high-reward opportunities.
Adobe's stock has surged 60% in 2023 due to strong financial results and increased investor interest in its integration of artificial intelligence (AI) across its offerings, positioning the company well to tap into the rapidly growing market for AI-focused digital content creation.
C3.ai has seen a recovery in its stock price and regained its medium-term uptrend bias, indicating potential for further gains, despite uncertainties surrounding its generative AI strategies and unprofitable business model.
Artificial intelligence (AI) stocks have experienced a recent pullback, creating buying opportunities for companies such as Taiwan Semiconductor and UiPath, which are poised for growth due to their involvement in AI technology and products.
The rise of artificial intelligence (AI) is a hot trend in 2023, with the potential to add trillions to the global economy by 2030, and billionaire investors are buying into AI stocks like Nvidia, Meta Platforms, Okta, and Microsoft.
Despite the buzz around generative AI, analysts are highly bullish on Microsoft and Nvidia due to AI-driven demand, while they are more cautious on UiPath, with Wall Street seeing higher upside potential in Nvidia than the other two stocks.
The stock market has been stagnant for over a month and it is expected to decline in its next move.
C3.ai, a company that provides enterprise AI applications, has seen its shares rise 180% this year, driven by its partnership with Google and its shift towards a transaction-based pricing model, but it still has to prove itself to skeptics as it faces a significant short interest and the challenge of achieving profitability.
C3.ai is set to report earnings, with expectations of a loss per share and a focus on how the stock will react to the news.
Artificial intelligence stocks have seen significant growth in 2023, leading to increased competition, but one particular company is expected to benefit the most.
Stock indexes decline as concerns about future rate hikes and sluggish market performance in September weigh on investor sentiment, with the tech-heavy Nasdaq Composite falling for the third consecutive day and the Dow Jones Industrial Average and S&P 500 on a two-day losing streak.
C3.ai stock falls after the company withdraws its profit forecast, despite posting solid results for its latest quarter.
C3.ai reported better-than-expected earnings but missed revenue targets, and its revenue outlook for AI stock fell short of expectations.
C3.ai Inc. shares dropped 8% in after-hours trading following the release of quarterly results, despite the company's positive performance and CEO's statement on strong traction with enterprise AI applications.
Artificial intelligence stocks, including C3.ai, Microsoft, Snap, and AMD, have experienced a shift in market sentiment as investors focus on the fundamentals and question whether the AI rally has reached its peak.
C3.ai shares plunged over 12% after the AI software maker announced that it would invest more heavily in generative AI solutions, leading to a delay in profitability expectations, but CEO Thomas Siebel expressed confidence in seizing opportunities for AI growth.
AI may be the biggest technological shift since the internet, and three stocks to buy and hold if this prediction holds true are Alphabet, Microsoft, and Amazon, while caution is advised for Nvidia due to its valuation.
Analysts believe that Microsoft stock will continue to rise due to several catalysts, including the artificial-intelligence trend.
Palantir Technologies is considered a better buy compared to C3.ai due to its consistent profitability and stronger position in the AI and machine learning software services industry, despite both stocks being high-risk, high-reward investments with growth-dependent valuations.
Stock investors should focus on long-term beneficiaries of artificial intelligence, as near-term beneficiaries have already experienced significant share price increases, according to Goldman Sachs. Companies across various sectors, such as communication services, consumer discretionary, financials, and information technology, are expected to see a boost in their earnings per share from AI adoption.
Wall Street's AI craze may be reaching its peak as companies hype AI offerings to raise stock valuations, leading to doubts about legitimate use cases and the sustainability of AI as a transformative business-to-consumer concept.
Oracle's stock is facing a decline, but now is a good time to invest in its AI potential.
The generative AI market is predicted to grow by 42% annually, reaching $280 billion by 2033, with Amazon being identified as an AI stock that is worth accumulating for long-term investment due to its resurgence in the second quarter, its strong presence in e-commerce, digital advertising, and cloud computing markets, as well as its leadership in AI through Amazon Web Services (AWS).
AI stocks have emerged as the driving force behind the stock market rally, with nearly $500 billion added to the US market cap in 2023, led by companies like NVIDIA and Apple, and the growth prospects of AI continue to be driven by rising demand for software and semiconductor chips.
Goldman Sachs suggests that the recent surge in AI stocks does not indicate a bubble and that we are still in the early stages of an AI revolution, while others remain cautious about potential risks and advise a measured approach to investment in the AI sector.
Adobe reported better-than-expected earnings and guidance, fueled by the success of its artificial intelligence technology, but the stock is still falling.
Investor interest in AI stocks is starting to cool off, according to Vanda Research analysts, who have observed a decline in net purchases and news coverage of AI-related companies, such as Nvidia. However, they believe that this decline in retail demand is unlikely to significantly impact stock prices without active participation from institutional investors. Smaller AI-related companies, like C3.ai, are experiencing a selling trend, while IonQ, a quantum computing company, has been an exception with resilient demand and increasing short interest.
Adobe stock dipped ~4% despite beating Q3 estimates as BMO Capital Markets raises its target price on the stock and retains an Outperform rating, citing the company's multi-year generative AI opportunity, while Goldman Sachs also increases its price target and sees Adobe benefiting from Gen-AI.
Alphabet and Taiwan Semiconductor Manufacturing are recommended AI stocks to buy and hold for the long term due to their potential for significant growth in the generative AI market and the booming demand for AI chips, respectively.
Intel's stock drops as analysts express skepticism about the company's ability to compete with Nvidia in artificial intelligence.
The growing demand for inferencing in artificial intelligence (AI) technology could have significant implications for AI stocks such as Nvidia, with analysts forecasting a shift from AI systems for training to those for inferencing. This could open up opportunities for other companies like Advanced Micro Devices (AMD) to gain a foothold in the market.
TSMC's stock has declined due to weaker macroeconomic conditions and short-term pain in the PC and smartphone market, but the company is well-positioned to capitalize on the AI opportunity ahead with its advanced manufacturing technology and growing demand for AI chips.
Tech stocks have been driving the market gains this year, particularly in the field of artificial intelligence (AI), with analysts like Daniel Ives predicting long-term growth and recommending AI-focused companies such as Palantir Technologies and C3.ai.
