Keep an eye on C3.ai (AI).
After months of consolidating around $25, the AI stock broke out, and could potentially refill its bearish gap around $32.50 next. President Biden’s executive order on artificial intelligence could also boost the stock — especially if the order promotes the use of AI across national security agencies.
In addition, according to CEO Thomas Siebel, “It is difficult to describe the scale of the increasing interest that we are seeing globally in enterprise AI adoption. We are experiencing strong traction with our enterprise AI applications and especially C3 Generative AI.”