Beyond Nvidia: Palantir and C3.ai Stock Soar as They Expand Their AI Push
The market mania for AI plays continues.
Stay updated with breaking news from Knowledge Management Software. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The market mania for AI plays continues.
The chip maker's blowout guidance sent shares of other AI-exposed companies, such as Microsoft and Alphabet, higher.
Deere's fiscal second-quarter earnings and sales beat Wall Street estimates, while Foot Locker slashes its fiscal-year outlook, sending the stock sharply lower.
Novavax plans to cut 25% of its workforce, adjusted earnings at Shoals top estimates, and Palantir posts a surprise profit in the first quarter and slightly lifts guidance for the fiscal year.
The technology company's shares were set to rise almost 20% on Tuesday but Wall Street analysts see reason for caution.