BigBear.ai reported facing headwinds in securing contracts in its latest quarter.
BigBear.ai stock is surging following news that it will be providing services to the FAA as a subcontractor. BigBear will be a key subcontractor providing services to Concept Solutions -- a private company that was recently awarded a long-term contract with the FAA.
U.S. stocks traded lower midway through trading, with the Dow Jones index falling more than 50 points on Wednesday.
BigBear.ai stock rose and fell with the broader AI hype cycle. Though the company's net loss is narrowing, it's not due to massive revenue generation.
BigBear.ai iss named a subcontractor in a contract with the Federal Aviation Administration.
BigBear.ai has been one of the more volatile stocks in the market in 2024.
SoundHound AI and BigBear.ai are two up-and-coming artificial intelligence stocks investors need to know about.
With the recent global stock market rout fueled by sudden weakness in artificial intelligence companies, it's an ideal time to consider offloading overhyped AI stocks. Few expected such a massive tumble at the stock market, but denying how overheated AI stocks had become is tough.
BigBear's market cap needs to triple to surpass $1 billion. The company's recent financial results paint an uncertain picture.
BigBear.ai Holdings, Inc. (BBAI) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.07. This compares to loss of $0.12 per share a year ago.
Right now is a great time to scour the market for overvalued AI stocks to sell. While artificial intelligence (AI) holds tremendous long term growth potential, many companies are making very little, if any tangible progress.
I believe the next few quarters will bring a harsh dose of reality for many AI stocks. Many of these stocks have decoupled from their underlying business fundamentals.