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SoundHound AI (NASDAQ:SOUN) has emerged as a significant player in the artificial intelligence (AI) sector. Shares of the frontrunner in voice AI have surged more than 100% year-to-date (YTD). This impressive performance starkly contrasts with the Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ), which has declined nearly 1% over the same period. However, the
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Stock splits, once rare, are roaring back into focus for traders and investors alike. In January, Walmart (NYSE:WMT) became the latest company to announce a three-for-one stock split followed by Williams-Sonoma’s (NYSE:WSM) two-for-one split. This trend has continued, with plenty of other stock split opportunities worth paying attention to. Compared to other tech cycles, like
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Meta Platforms (NASDAQ:META) stock, known for its social media giants Facebook, Instagram, and WhatsApp has come under the spotlight recently. Analysts are comparing the company’s great potential with its AI and digital advertising businesses against risks from legal issues and a rather rich valuation. The bull case shows Meta’s opportunities for future growth through AI
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Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Billionaire investor Bill Ackman is postponing the highly scrutinized listing of Pershing Square’s U.S. closed-end fund, according to a notice on the New York Stock Exchange’s website. The initial public offering of Pershing Square USA Ltd, with the ticker PSUS, has
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Leading contract chip manufacturer Taiwan Semiconductor Manufacturing (NYSE:TSM) has undeniably been a market darling so far in 2024. The stock’s ascent to an all-time high of $193.47 on July 11 shows its dominant position in the global chipmaking landscape. TSM stock has surged over 50% year-to-date (YTD). It has significantly outperformed the Philadelphia Stock Exchange
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Semiconductors power many devices that you use every day. You can find this technology in your computer, car, refrigerator, and other everyday items. Chipmakers have reported rising revenue and earnings for years, but artificial intelligence has taken these companies to new heights. Artificial intelligence is a booming industry that’s projected to maintain a 36.6% compound
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