nyseai
Kerrisdale Capital sent a letter today to C3.ai Inc (NYSE:AI)’s signing audit partner and the head of the U.S. audit & assurance practice at Deloitte & Touche LLP regarding serious accounting and disclosure issues they have identified in C3.ai‘s SEC public financial statements. C3’s fiscal year ends on April 30, and Kerrisdale have asked Deloitte to review their letter in anticipation of its upcoming work conducting the company’s year-end audit. In the letter, they discuss: Q1 2023 hedge fund letters, conferences and more The highly conspicuous growth in unbilled receivables to levels we’ve ne...
ValueWalk
Kerrisdale Capital is short shares of C3.ai Inc (NYSE:AI), a $4 billion market capitalization enterprise software company that has risen from the ashes of its busted IPO based on the misconception that its self-proclaimed “AI leadership” somehow positions it to benefit from Silicon Valley’s current tech theme du jour: generative AI as represented by media obsession ChatGPT. We believe these speculative flames won’t burn bright much longer, as the realities of C3’s poor customer traction, failing sales partnerships, and financial pressures will catalyze what is likely to be a painful reality ch...
ValueWalk
What frustrates me the most about this AI boom… FOMO is back… Beware of AI ETFs… My top two strategies to play the AI boom… The Hottest Craze1. Are you sick of hearing about AI yet? It’s the hottest craze on Wall Street. AI-related stocks are ripping, as I’ll show you… Q4 2022 hedge fund letters, conferences and more If you haven’t tried ChatGPT yet, you should. It can answer pretty much any question in a conversational way, as if you’re talking to a human. ChatGPT is now the fastest-growing product in history! In only two months after its release, over 100 million users have signed up. For co...
ValueWalk
In the end, the hype over AI stock makes us weaker as a country Q1 2021 hedge fund letters, conferences and more A few years ago, Russian President Vladimir Putin stated that whoever becomes the leader in artificial intelligence “will be the ruler of the world.” Predictably, that sent shockwaves across the globe but particularly in western nations as this admission only incentivized companies like C3.ai (NYSE:AI), drawing investors excited about the prospects for AI stock. Unfortunately, the hype over its initial public offering late last year has quickly faded. Since a Feb. 9 close of just sh...
ValueWalk
閲覧を続けるには、ノアドット株式会社が「プライバシーポリシー」に定める「アクセスデータ」を取得することを含む「nor.利用規約」に同意する必要があります。
「これは何?」という方はこちら