Twitter and facebook scheduled to testify before the Senate Commerce committee on wednesday. Examine whether that content liability shield section 230 is still relevant and needed. This is one of the days in the market, im not sure what is happening in the overall dow matters so much to the tech story. April sl about flat on some promising iphone 12 order lead times. Then if you look it at the nasdaq zoom is up amazon, etsy maybe thats some halloween eagerness. Yeah, a bit of a mixed bag today, jon you have the stay at home names you mentioned. Tech broadly lower weve got that doubleheader again this week. A hearing following by earnings from the Big Tech Companies. And its interesting, looking at facebook and alphabet this month, theyre actually outforemaniou outperforming the big tech names. Alphabet is up 8 . Facebook up 7 again, we see the theme. The pressure is on in terms of antitrust and regulatory scrutiny yet, the stock prices not really reacting those are the two names that h
Affiliation, so we have very interesting orderly process and, you know, i asked each person what they wanted to do and i gave them one minute each . Each. I wasnt interested in anyones life history, and it was really sort of what do you want to do, and we had a few options and virtually Anyone Running a Public Company was on that group could nod and deal with the pressure from their constituents and so i basically said, well, it seems pretty clear, you know, that i really didnt want to have a melting ice cube type of thing. People were under legitimate astonishing pressure you should have seen some of the emails that i got tell me you know i was accused by people of being a nazi i mean, im jewish struck you as absurd, right it was absurd and i got hundreds of these things and so it was pretty clear that the country itself felt like it was going out of control we had a logical meeting, and decided that there was just too much pressure for too many people all running public companies. An
Artificial intelligence (AI) software company C3.ai (NYSE:AI) beat analysts' expectations in Q3 FY2024, with revenue up 17.6% year on year to $78.4 million. The company expects next quarter's revenue to be around $84 million, in line with analysts' estimates. It made a non-GAAP loss of $0.13 per share, down from its loss of $0.04 per share in the same quarter last year.
Artificial intelligence (AI) software company C3.ai (NYSE:AI) missed analysts' expectations in Q2 FY2024, with revenue up 17.3% year on year to $73.23 million. Next quarter's revenue guidance of $76 million also underwhelmed, coming in 2.2% below analysts' estimates. It made a GAAP loss of $0.59 per share, improving from its loss of $0.63 per share in the same quarter last year.