HomeTechSoftwareC3.ai (AI) & GameStop (GME): Issues With Growth After Earnings

C3.ai (AI) & GameStop (GME): Issues With Growth After Earnings

C3.ai (AI) drops after an earnings miss. Its 2Q adjusted EPS came in at -$0.13 versus an estimated -$0.19 and its revenue came in at $73.23M versus an estimated $74.49M. AI forecasted weaker guidance which could indicate that growth has run ahead of itself. Jenny Horne discusses this, along with GameStop (GME). GME’s stock is also falling as revenue declines. Its 3Q adjusted EPS came in at -$0.01 versus an estimated -$0.12 and revenue came in at $1.08B versus an estimated $1.16B. She goes over how the growth story isn’t there for GME right now, which is what the street is focused on. Tune in to find out more about the stock market today.

Morning Trade Live

07 Dec 2023

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