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Investor's Business Daily

Investor's Business Daily

C3.ai stock bounced off a key level to start the new year amid bullish reports

Investor's Business Daily
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Goldman Sachs' 2025 forecast pointed to a "Phase 3" shift in the AI revolution from infrastructure builds to software rollout.

C3.ai shares rose after Palantir was reported to be teaming up with Anduril to form a defense consortium.

Shares fell amid Chief Executive Office Thomas Siebel's warning about an AI bubble.

Shares are rebounding from 10-week moving average, avoiding a round-trip sell signal.

Redwood City , Calif.-based C3.ai makes software applications equipped with artificial intelligence that can be configured for different purposes.

The software can make networks more reliable by detecting fraud, balancing inventory and demand, solving supply-chain issues and increasing energy efficiency.

The enterprise software stock popped on its first day of trading, Dec. 9, 2020 .