Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why C3.ai Stock Was Moving Higher This Week

TheMotleyFool

0 0

Why C3.ai Stock Was Moving Higher This Week: https://g.foolcdn.com/editorial/images/734032/artificial-intelligence-ai-data-deep-processing.jpg

Shares of C3.ai (NYSE: AI) were gaining this week as a number of factors seemed to drive shares of the Enterprise AI platform higher.

Those included tailwinds after last week's better-than-expected preliminary earnings report and the conclusion of its investigation into a short-seller report. The company also launched its new generative AI product suite, and the stock got a boost after Nvidia gave blowout guidance in its earnings report on Wednesday.

As of Thursday at 3:16 p.m. ET, the stock was up 11.2% for the week, according to data provided by S&P Global Market Intelligence.

Source Fool.com