The tech sector is having a rough couple of months, but top Wall Street firms have identified some enticing opportunities.
CE.ai (NYSE: AI) is doing exciting things in the fast-growing artificial intelligence space, but its dependence on its biggest customer is a cause for concern. In this Backstage Pass clip from "The AI/ML Show" recorded on Jan. 5, Motley Fool contributors Toby Bordelon, Danny Vena, and Jose Najarro discuss why this risky play is one to watch. Enterprise AI software right here, software so AI-as-a-service, I think that's the easiest, quickest way to think about them.
C3.ai (NYSE: AI) shares fell 15.4% in December following a disappointing earnings announcement. The company reported quarterly results on Dec. 1 and beat Wall Street's estimates for both sales and net losses. The sell-off in high-valuation growth stocks thwarted C3.ai's recovery later in the month.