KeyBanc Downgrades C3.ai (AI) to Underweight, Citing AI Bubble Concerns and Slowed Growth
United Imaging Intelligence at RSNA 2024: Empowering a More Intelligent and Connected World With Medical AI
The Dow barely ended its longest continuous decline in 50 years, Micron fell by 16%, the US dollar reached a two-year high again, and US bonds, oil, and Bitcoin all dropped.
U.S. stock market's other Indexes turned down towards the end, Tesla rose by nearly 4% before closing down, NVIDIA reached a high of 4%, and Micron Technology had its steepest decline in five years. The yield on the 10-year U.S. Treasury bonds briefly increased by nearly 10 basis points approaching 4.60%, close to a seven-month high, while short-term bond yields fell, with the 2/10-year yield spread at its widest in two and a half years. The Bank of England held rates steady, but more officials supported a rate cut, leading to a decline in the British Pound. The Governor of the Bank of Japan suppressed interest rate hike expectations, causing the yen to fall towards 158, and the offshore renminbi briefly dropped below 7.32 yuan to its lowest in 15 months. Bitcoin fell by 5%, approaching $0.096 million. Spot Gold rose by 1.6% before narrowing back below $2,600, while the futures silver fell by 5%, and U.S. crude oil fell below $70.
C3.ai(AI.US) Director Sells US$21.51 Million in Common Stock
C3.ai Insider Sold Shares Worth $21,512,085, According to a Recent SEC Filing
C3.ai Options Spot-On: On December 19th, 218.4K Contracts Were Traded, With 602.12K Open Interest
