SoundHound AI Financial Results
SoundHound AI Inc. had a significant moment in the spotlight Thursday, showcasing itself as an artificial-intelligence player. However, despite delivering a positive outlook for fiscal 2025, their stock experienced a…
Artificial Intelligence and Magnificent Seven: A Historical Comparison
As global investors closely monitor the potential bubble in artificial intelligence (AI) and the remarkable performance of the Magnificent Seven stocks, it is crucial to examine historical market trends. The…
SAP Q3 Results
SAP is set to announce its third-quarter results on Wednesday. Here is a breakdown of what you should know: Revenue Forecast The German business-software company is expected to report non-IFRS…
The Continued Potential of Tech Stocks
Investors in the tech sector may feel hesitant to make further investments, given the significant gains already seen this year and the possibility of rising interest rates. However, analysts at…
eGain Surges as Revenue and Earnings Exceed Expectations
Shares of eGain, a Sunnyvale Calif.-based company specializing in automated customer engagement services through artificial intelligence, experienced a notable rise in post-market trading on Thursday. The company's revenue and earnings…
UiPath Inc. Reports Strong Second Quarter Results
Shares Surge Despite Disappointing Forecast UiPath Inc. (PATH) experienced a slight dip in its share value during after-hours trading on Wednesday following its earnings report. Despite this initial setback, the…
Workday Reports Strong Quarterly Results and Raises Outlook
Workday, the human-resources software provider, has announced its solid quarterly results and an optimistic outlook for the future. Analysts have responded by increasing their stock price targets, citing strong demand…
The Rise of Artificial Intelligence in Fund Management
For years, the idea of artificial intelligence (AI) surpassing human capabilities has been a popular theme in science fiction literature. While AI has proven to be an invaluable tool in…
The Changing Dynamics of the Stock Market
The stock market has experienced an impressive run this year, largely driven by the gains of major tech companies. However, July proved to be a turning point, with the Dow…
Recursion Pharmaceuticals receives $50 million investment from Nvidia
Recursion Pharmaceuticals Inc. (RXRX) saw a significant surge in its share price on Wednesday following the announcement of a $50 million investment by Nvidia Corp. (NVDA). This collaboration aims to…
Technology Stocks Rise Amid Soft Wholesale Inflation Data
Artificial intelligence (AI) continues to be a driving force in the technology sector, as evident in the recent surge of technology company shares. An example of this is Google's parent…
iFlytek Shares Surge
IFlytek, a Chinese tech company specializing in natural-language processing and artificial-intelligence technologies, saw its shares surge on Tuesday despite forecasting a steep drop in first-half profits. Investors chose to focus…