C3.ai (NYSE: AI) was one of the hottest tech stocks of 2020. The enterprise AI software company went public at $42 a share that December, and it opened at $100 before hitting an all-time high of $177.47 later that month. Read More...
Bloomberg
Walmart Tumbles as Discounts Spur New Cut to Profit Forecast
(Bloomberg) — Walmart Inc. cut its profit outlook again in a surprise warning weeks ahead of its earnings report, sending retailer shares tumbling and raising new questions about US consumers’ ability to sustain their voracious spending habits with inflation at a four-decade high. Most Read from BloombergWho Is Nicole Shanahan, Woman at Center of Musk-Brin Drama?Trump Is Plotting to Blow Up the ConstitutionShallow Recession Calls Are ‘Totally Delusional,’ Roubini WarnsChina’s Gen Z Is Dejected,