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21.11.2024 21:06:09
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Why C3.ai Stock Is Surging Today
C3.ai (NYSE: AI) stock is soaring in Thursday's trading. The company's share price was up 9.7% as of 2:30 p.m. ET. Meanwhile, the S&P 500 index was up roughly 0.5%.C3.ai stock is seeing big gains on the heels of Nvidia's third-quarter report yesterday. Nvidia is the leading provider of the graphics processing units (GPUs) that are powering the artificial intelligence (AI) revolution, and its performance is often viewed as a bellwether for the broader AI industry.After the market closed yesterday, Nvidia published results for the third quarter of its 2025 fiscal year, which ended Oct. 29. The AI leader posted sales and earnings performance for the quarter that beat Wall Street's expectations, and it also issued forward guidance that came in better than anticipated.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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