Why C3.ai Stock Was Climbing Today
Shares of C3.ai (NYSE: AI), the enterprise artificial intelligence (AI) company, were moving higher today, even though there was no company-specific news. Instead, the company seemed to be benefiting from a strong earnings report from AI software peer Palantir (NYSE: PLTR), which posted yet another quarter of accelerating revenue growth, showing a market for AI-related software.
As of 12:52 p.m. ET, Palantir stock was up 22.7%, while C3.ai was up 6.2%.
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Source Fool.com
