C3.ai (AI) Rallies As Company Is Well Positioned For Growth

C3.ai (AI) rallies on strong preliminary 4Q earnings results and updated guidance. George Tsilis joins Alex Coffey and Jenny Horne to discuss the short interest and bullish interest in the AI stock. He talks about how AI sees 4Q revenue between $72.21M to $72.4M versus an estimated $71.05M and raised its FY23 revenue view to $266.5M to $266.8M. The CEO also notes that the company is "well positioned" for growth in 2024. George also highlights how AI sees 4Q non-gaap loss from operations of -$23.7M to -$23.9M. AI is up over 128% from its 52-week low. He then compares AI as it relates to ChatGPT and Palantir (PLTR). Tune in to find out more about the stock market today.