Thursday 7 September 2023

C3.ai’s stock falls 8% despite solid quarter and guidance

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The price of crude oil could soar into the triple digits by the end of next year, potentially affecting Americans' choice at the ballot box. Despite growing awareness of the risks posed by extreme climate change, the world's collective hunger for the black gold has never been higher. According to the latest forecast from the International Energy Agency, demand is expected to reach a new record high of 102 million barrels per day this year.


"We are experiencing strong traction with our enterprise AI applications and especially C3 Generative AI," C3.ai Chief Executive Tom Siebel said in a statement announcing the numbers, which were in line with analyst estimates.






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