C3 Generative AI Boosts C3.ai, Gevo OKs $25M Stock Buy-Back Program, Jefferies Bullish on Ford
- May 30th, 2023
- 258 views
C3.ai, Inc. (NYSE: AI) has announced that its cutting-edge C3 Generative AI is now accessible on the AWS Marketplace, opening up new opportunities for customers in need of advanced artificial intelligence solutions.
The integration of C3 Generative AI into the AWS Marketplace streamlines the procurement and onboarding process, providing customers with seamless access to the combined expertise of C3.ai and AWS in the field of Generative AI. This innovative collaboration allows users to leverage the power of C3.ai's technology and AWS's extensive resources with just a few simple clicks.
Following this announcement, $AI currently trading at $37.71, reflecting a substantial increase of $4.77 or 14.48%. T
In other news, Gevo, Inc. (Nasdaq: GEVO) has authorized a stock repurchase program, demonstrating the company's commitment to enhancing shareholder value. Through this program, Gevo has the flexibility to repurchase up to $25 million of its common stock, either through open market transactions at prevailing prices or through privately negotiated transactions.
Currently, $GEVO is trading at $1.21, marking a positive change of $0.10 or 9.79%.
Meanwhile, Jefferies has upgraded Ford Motor Company (NYSE: F) from a Hold to a Buy rating, with an increased price target of $16, up from $13. This bullish sentiment from Jefferies indicates a positive outlook for Ford's future performance and growth potential.
Ford recently made headlines by announcing an agreement with Tesla (Nasdaq: TSLA) that will significantly expand charging infrastructure for Ford electric vehicle (EV) customers. The partnership grants Ford EV owners access to over 12,000 Tesla Superchargers across the United States and Canada, effectively doubling the number of fast-charging options available to Ford customers starting in Spring 2024.
$F is currently trading at $12.62, reflecting an increase of $0.53 or 4.38%. Additionally, $TSLA is priced at $199.46, showing a positive change of $6.29 or 3.26%.
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)
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