Wall Street Breakfast C3.ai’s big miss
Feb 26, 2026
C3.ai’s missed guidance, regional sales shortfalls, and a large workforce cut take center stage. NVIDIA’s blowout quarter and confident revenue guide create a stark contrast. A report says DeepSeek withheld an AI model from U.S. chipmakers, raising geopolitical and industry questions. Markets also react to Salesforce outlook and big movers like Nutanix and AMD-related partnership news.
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C3.ai Revenue Shock And Big Restructuring
- C3.ai plunged after missing quarterly earnings and guiding far below expectations.
- CEO announced a $135 million restructuring with a 26% headcount cut and revenue Q4 guidance of $48–$52M versus $77.72M consensus.
Bookings Grew Strongly Despite Revenue Shortfall
- Full-year revenue guidance also missed, with $246.7–$250.7M versus $298.74M consensus.
- Despite misses, bookings grew 134% year-over-year and represented 55% of total bookings with notable customer wins like USDA and ExxonMobil.
Nvidia Tops Results And Raises The Bar
- Nvidia beat expectations with massive revenue growth and strong forward guidance.
- Q4 revenue rose 73% to $68.13B, EPS $1.62, and Q1 guidance of $78B well above analyst estimates.