Tag: Earnings report

DocuSign's stock rises 7% in pre-market trading as its latest earnings reveal signs of stabilization after pandemic slowdown. The company's integration of AI, including Microsoft's OpenAI technology, further strengthens its long-term prospects. DocuSign executives remain positive about potential increased use of their specialized contract services.

Investors seeking long-term value in Artificial Intelligence (AI) stocks can find it in well-known names. The report suggests buying Snowflake, Amazon.com, and Advanced Micro Devices for their potential to benefit as AI growth accelerates. These companies are expected to grow due to their roles in data storage, AI demand in AWS division, and being suppliers of AI chips. With multiple ways to benefit from AI, these three names could be worth considering.

C3.ai (NYSE: AI) stock falls ahead of earnings report release. Investors keen to learn about the company's Q4 2023 financial stability and growth forecast as analysts predict losses per share of 17 cents and revenue of $71.32 million. C3.ai provides AI software solutions to businesses in healthcare, energy, finance, and more. Founded by Tom Siebel, the company has seen immense growth this year, up by 253.8%.

Be warned! Economists such as David Rosenberg have noticed a major price bubble forming in the AI stock market. His view on the current AI enthusiasm could signal a market crash similar to the Dot.com boom of the late 1990s. Invest cautiously and understand the risks before putting money in AI stocks.