C3.ai (AI) is up nearly 250% this year. Alex Coffey and Renita Young discuss AI as its earnings will be released today, postmarket. Its adjusted EPS is estimated at -$0.17 and revenue is estimated at $72.32M. They talk about how AI is hype trade that involves a lot of speculation. They note that the environment for AI has significantly improved this year. Alex then demonstrates an example trade using AI. The trade type is sell a put vertical and the direction is neutral to bullish. Tune in to find out more about the stock market today.
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