The world of artificial intelligence is rapidly growing, and the stock market is taking notice. On Friday, shares of AI-based product makers rose significantly, with a strong forecast from the popular AI software provider, C3.ai, leading the charge.
The Rise of C3.ai
Shares of C3.ai rose 16% to $24.80, making it one of the top trending stocks on StockTwits. This surge was due to the company's better-than-expected revenue and profit forecast for both the fourth quarter and fiscal year 2023. Analysts stated that the company is "starting to gain momentum in building significant enterprise opportunities in
