C3.ai’s stock explodes higher following a meme-like surge
by C3.ai Inc.’s roaring rally continued on Friday, but some analysts were tempering their enthusiasm in the wake of the AI software company’s latest earnings report. …
Tag: Technology
Marvell’s pessimistic driving didn’t come as a huge surprise, but these factors were
Marvell Technology Inc.’s latest round of downbeat guidance didn’t necessarily come as a shock, but the company’s cautious commentary on a second-half recovery may have. …
HP Enterprise posts strong earnings, guidance higher
Text size HP Enterprise provides server, network, storage and computing hardware. Time to dream Hewlett-Packard Enterprise released better-than-expected financial results for its fiscal first quarter …
C3.ai shares soar as CEO Siebel touts ‘dramatic shift’ in sentiment amid AI hype
Shares of C3.ai Inc. rose 14% in afterhours action on Thursday after the software company, which deals in business AI, issued an upbeat forecast and …
Zscaler shares fall more than 10% on rising outlook and job cuts
Zscaler Inc. shares fell in Thursday’s extended session after the cybersecurity firm raised its revenue forecast for the year by announcing layoffs. Zscaler ZS, +4.43% …
Silvergate shares tumble as crypto bank warns it could fail
Shares of Silvergate Capital Corp. lost more than 40% of their value Thursday after the company delayed its financial statements and said it was evaluating …
Tesla shares go down. His analyst meeting was missing one important thing.
Text size Tesla held its 2023 investor event at its new assembly plant in Austin, Texas. AFP via Getty Images Tesla Wednesday hosted its highly …
Snowflake reduces revenue growth target and stock is declining
This update corrects the FactSet consensus for Snowflake’s fiscal first quarter and fiscal 2024 product revenue. Shares of Snowflake Inc. fell more than 7% in …
Splunk’s best earnings estimates, but customers are wary
Text size CEO Gary Steele says Splunk’s key financial metrics are cash flow and annualized recurring revenue. Tiffany Hagler-Geard/Bloomberg Spluck It released better-than-expected quarterly earnings …
Rivian shares tumble after gains. Because Wall Street isn’t worried
Text size Rivian plans to roughly double production in 2023 to approximately 50,000 vehicles. Wall Street wanted more. Spencer Platt/Getty Images Electric start of the …