It seems as if every day there’s a new company cashing in on AI - and Palantir Technologies (PLRT) is the latest to join the frenzy. The hype around the company’s AI offerings is mounting ahead of next week’s second-quarter earnings report. The company is known for data analytics and has been working relentlessly [...]
Early this morning, Shutterstock (SSTK) released an update on its partnership with OpenAI. The contract has been expanded to 6 years and with a renewed scope. The two companies have been working together since 2021. But just last fall in October, Shutterstock made official the news that it planned to offer AI-generated images to [...]
After the market closed yesterday, C3.ai (AI) reported fiscal 4th quarter earnings. The company exceeded analyst estimates for revenue and profit alike - and yet, the stock fell off a cliff. Revenue of $72.4 million came in well above the $71 million estimation from Wall Street. And while the company still reported a negative [...]
Yesterday, C3.ai (AI) jumped more than 18% after the predictive analytics company raised its outlook. While the exact results for the quarter will be available toward the end of May, the preliminary figures are promising. Revenue looks to be somewhere between $72.1 million to $72.4 million, beating out the previous guidance the company laid [...]
Nvidia chose to release 2nd quarter earnings a few weeks early - and the results were less than investors had hoped for. While the company is known for being reliable and safe, it fell short of expectations - coming in at just $6.7 billion in revenue. This is a 17% discrepancy from the $8.1 [...]
