Shares of C3.ai (NYSE: AI) finished February up 14% in volatile trading, according to data from S&P Global Market Intelligence. The software-as-a-service stock that focuses on artificial intelligence (AI) benefited from the increasing attention around AI after Microsoft announced its own ChatGPT-powered Bing search engine and Alphabet revealed its own ChatGPT competitor, Bard AI. As one of the few pure-play AI stocks, C3.ai got a boost from the hype around AI, though investors also seemed to question the stock's valuation as shares pulled back after the spike on the Microsoft news. Read More...
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The 6% CD has arrived. Should you bite?
Thanks to rapidly rising interest rates, many reputable banks and credit unions are now offering certificates of deposit with impressive rates above 4%. Security Plus Federal Credit Union offers an 11-month, 6% APY CD with a minimum $1,000 deposit and maximum $50,000 deposit to Baltimore City residents. Meanwhile, Frontwave Credit Union offers 6% on an 18-month CD for residents of Riverside, San Bernardino and San Diego Counties, California who can pony up a minimum deposit of $1,000.
