Billionaire Tom Siebel faces tumult at C3.ai as investor lawsuit, short sellers question metrics

[ad_1] Tom Siebel has been riding the artificial intelligence wave. Three years after selling his prior software company, Siebel Systems, to Oracle for nearly $6 billion in 2006, he started…

C3.ai, Western Alliance, Albemarle, Tesla, and More Stock Market Movers

[ad_1] C3.ai (AI) had fallen 15% Wednesday after closing down more than 26% on Tuesday after short seller Kerrisdale Capital published a letter to the artificial intelligence software company’s auditors alleging a series…

C3.ai tumbles 26% after letter from short seller

[ad_1] C3.ai’s stock tumbled 26 per cent on Tuesday in its biggest one-day drop since the artificial intelligence company’s 2020 IPO, with investors dumping the shares after short seller Kerrisdale…