C3 AI's stock crashed 32% ๐๐, like me on Monday mornings. Revenue = $70.3M, but we wanted $100M+! ๐คก๐ธ #TechCringe
๐จ๐ HOLD UP! Big news from the โAIโ world, but itโs not all sunshine and rainbows ๐โจ. C3 AI (ticker: AI, no cap) just nosedived harder than my GPA in college, plummeting 32% this month! ๐ Thatโs right, fam, theyโre taking the L like they signed a contract with failure itself. ๐ฑ So whatโs the tea? โ Their Q1 revenue dropped 19% YoY to a whopping $70.3 MILLION, which is a clear signal that they were trying to stonk but ended up just bonking - and thatโs no meme. ๐ฌ๐ They were expected to hit over $100M, but instead theyโre feeling more โthis is fineโ ๐ฅ than โgalaxy brainโ ๐. According to our source (aka my roommate texting me from the basement), one dev was heard muttering, โGuess weโre the new Blockbuster of AI...โ ๐คก๐ BRUH. Drakeโs officially unimpressed and is out here pointing at better investments like itโs his job. ๐ซ๐ฐ ๐ฅ๐ฅ Hereโs my prediction: C3 AI will pivot to making AI that decides which AI to train, which will obviously fail and lead us to an existential crisis sooner than you can say โC3PO.โ ๐ค #DoNotInvest ๐๐๐ธ
