It's a new month, and professionals on Wall Street were generally happy that the U.S. House of Representatives voted to pass a bill that would raise the debt ceiling and potentially avoid a default by the federal government. Stock index futures were up modestly on Thursday morning after the vote late last night, and investors also kept a watch on interest rates to see what a potential massive issuance of new Treasury debt might do to the financial system.

Yet even with market participants generally in a good mood, several AI stocks failed to give shareholders the outstanding performance that they had expected. Both C3.ai (NYSE: AI) and Salesforce (NYSE: CRM) have announced plans to lead the artificial intelligence revolution forward, yet neither company was able to reassure its investors that it will be able to sustain the growth rates that many have hoped to see.

Shares of C3.ai dropped 19% early Thursday morning. The enterprise AI application software company reported fiscal fourth-quarter financial results for the period ended April 30 that fell short of what its fans had hoped to see.

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Source Fool.com