Earnings Results: AI startup C3.ai’s stock plunges 20% after softer revenue guidance

Shares of white-hot Ai startup C3.ai Inc., which had been hurtling toward record highs earlier this week, took an abrupt U-turn Wednesday.

The company’s stock AI skidded 14% in after-hours trading in the minutes leading up to its quarterly financial results. When C3.ai reported mere minutes before its earnings call at 5 p.m. Eastern, the stock continued its tailspin, dropping 20% on soft annual revenue guidance.

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One company to replace Amazon… another to rival Tesla… and a third to upset Nvidia. These little-known stocks are poised to overtake the three reigning tech darlings in a move that could completely reorder the top dogs of the stock market. Eric Fry gives away names, tickers and full analysis in this first-ever free broadcast.

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