Because of the power of compounding returns, stock market investing is mainly about betting on gains that are far off in the future. Most of your returns will show up years after your initial stock purchase, notwithstanding the potential for quick short-term growth from time to time. Read on for some good reasons to buy Home Depot (NYSE: HD), Nvidia (NASDAQ: NVDA), and Vanguard Total Stock Market ETF (NYSEMKT: VTI). Read More...
Motley Fool
Why C3.ai Stock Got Clobbered on Thursday
Shares of C3.ai (NYSE: AI) tumbled out of the gate Thursday, plunging as much as 18.7%, though the stock recovered somewhat, ending the day down just 11.2%. For the fiscal second quarter (ended Oct. 31), C3.ai delivered revenue of $58.3 million, up 41% year over year, driven by subscription revenue of $47.4 million, up 32%. The company’s remaining performance obligation (RPO), which consists of contractually obligated sales that have yet to be recognized as revenue, surged to $465.5 million, up more than 74% year over year, suggesting that business will continue to thrive for the foreseeable future.
