C3 AI Stock Forum

06.09.2024

TESLA at the top of the NASDAQ-100 + C3.ai has to cut spending + Further acquisition in the precious metals sector + Major orders from the USA for headlight specialist Hella

TESLA $TSLA (-6.59%) at the top of the NASDAQ-100 - Climbing well above the 50-day line

C3.ai $AI (-1.32%) fell 19% after the AI software company missed estimates for quarterly subscription revenue as companies cut back on spending amid economic uncertainties.

First Majestic $FR (+0.84%) are pleased to announce that they have entered into a definitive merger agreement pursuant to which First Majestic will acquire all of the issued and outstanding common shares of Gatos. Gatos is a leading silver producer with a 70% interest in the Los Gatos joint venture, which owns the producing Cerro Los Gatos underground silver mine in Chihuahua, Mexico.

The headlamp specialist Hella $HLE (-0.83%) has received orders for electronics and lighting projects in the USA worth more than two billion euros. The company, which has been part of the French automotive supplier Forvia since the beginning of 2022, announced that series production for the unspecified US car manufacturer will start in Mexico within two to four years. For comparison: Hella is targeting currency and portfolio-adjusted Group sales of between around 8.1 and 8.6 billion euros in 2024.

Friday: Stock market dates, economic data, quarterly figures

ex-dividend of individual stocks

Bank of America USD 0.26

PepsiCo 1.36 USD

Booking Holdings USD 8.75

Quarterly figures / company dates USA / Asia

/

Quarterly figures / Company dates Europe

10:20 PSI Software Half-year figures

Economic data

• 08:00 DE: Trade balance July Trade balance calendar and seasonally adjusted FORECAST: +20.6 billion euros previously: +20.4 billion euros Exports FORECAST: +0.8% yoy previously: -3.4% yoy Imports FORECAST: +1.1% yoy previously: +0.3% yoy
• 08:00 DE: Production in the manufacturing sector July seasonally adjusted OUTLOOK: -0.2% yoy previous: +1.4% yoy
• 08:45 FR: Industrial production July OUTLOOK: -0.3% yoy previous: +0.8% yoy
• 11:00 EU: GDP (3rd release) 2Q Eurozone FORECAST: +0.3% yoy/+0.6% yoy 2nd release: +0.3% yoy/+0.6% yoy 1st quarter: +0.3% yoy/+0.5% yoy
• 14:30 US: Labor market data August employment ex agriculture PROGNOSE: +161,000 yoy previous: +114,000 yoy Unemployment rate PROGNOSE: 4.2% previous: 4.3% average hourly earnings PROGNOSE: +0.3% yoy/+3.7% yoy previous: +0.2% yoy/+3.6% yoy

Earnings next week 🗓️

$ZS (+5.59%)

$GTLB (+0%)

$ASAN (+1.12%)

$DKS (+0.45%)

$AI (-1.32%)

$HPE (-1.01%)

$NIO

$AVGO (-1.21%)

$PATH (-3.76%)

$IOT

$DOCU (+1.97%)

$BRZE (+0.21%)

$ARM (-1.28%) Solid growth opportunities or FOMO?

I hardly know of a company with a higher valuation.

2025: > 30 P/R, > 120 KgV

It reminds me a bit of $AI (-1.32%)

What do you think about ARM and its future in connection with the current valuation?

Here is a new update

Strong increase of + 1.7 percent compared to the previous week

10.7 percent since the beginning of the year

Gold and Bitcoin are both doing well, I have reduced both large positions a little today due to the very stable economy in America.

-Bitcoin/Barrick Gold

$ABX (-1.84%)
$BTC (-0.34%)

You can see that the general mood is very good, hot stocks are also being gambled more.

I have here $AI (-1.32%) and $TDOC (-0.87%) I'm taking the small Fomo wave with me for the time being.

GDP in America was over 5 percent in the last quarter and the economy is extremely strong.

Although there are signs that growth is slowing, we are a long way from a recession.

I am now playing the interest rate stagnation theme with Realty Income, $O (-0.83%) At the moment, inflation is also continuing to fall in Europe, which is currently pushing up interest rate-sensitive stocks such as $VNA (-1.46%) /Vonovia and Co.

You should also look at cyclical stocks such as $BA (-2.23%) -Boeing or $AIR (-3.24%) -Airbus, which are currently safe investments.

https://www.wikifolio.com/de/de/w/wf66zzzzzz

What do you think about $AI (-1.32%) Is anyone already investing in it. Do you think they will be taken over by one of the big tech companies or simply thrown out of the competition or something with a future.

Heavily gestriegen last

$AI (-1.32%) Were you currently C3.ia still hold and hope that it rises or sell now?

$AI (-1.32%) ~ why the hype about C3.Ai ? Did I miss something ?