Santa Clara, CA – SoundHound AI (NASDAQ: SOUN) has been making waves in the conversational AI industry, but recent stock movements and leadership decisions have left investors questioning its future. The company, known for its voice AI technology, reported strong earnings growth and promising partnerships, yet its stock has been on a rollercoaster ride—surging 575%…
BERKELEY, Calif. – Rigetti Computing (NASDAQ: RGTI), a key player in the race for quantum supremacy, has reported its fourth-quarter and full-year 2024 financial results while also announcing significant strides in quantum computing technology. The company’s earnings reveal financial struggles, but its groundbreaking technological advancements have investors paying close attention. Earnings Report: A Mixed Picture…
Shares of D-Wave Quantum (NYSE: QBTS) skyrocketed 47.4%, drawing attention from investors as a wave of unusual options activity and strong institutional moves fueled momentum. The sudden surge has left analysts and traders scrambling to understand whether this is a short-term spike or the beginning of a major rally for the quantum computing company. Options…
The manufacturing sector is undergoing rapid shifts, driven by advancements in technology, automation, and energy production. From quantum computing breakthroughs to booming semiconductor demand and rising energy prices, key players across different industries are shaping the future of manufacturing. Here’s a closer look at five stocks making waves in the market today. D-Wave Quantum (NYSE:…
NIO Inc. (NYSE: NIO) is facing another wave of stock volatility as Wall Street analysts lower their price targets and institutional investors rethink their positions. Once a promising player in the electric vehicle (EV) revolution, NIO is now grappling with slowing growth, rising competition, and concerns over profitability. Analysts Lower Expectations for NIO One of…
The rise of artificial intelligence (AI) is no longer just about innovation—it’s about survival. A recent report reveals that companies with strong AI strategies could see their market valuations swing by as much as 28%, making AI one of the most influential factors in determining enterprise worth. With AI transforming industries at breakneck speed, businesses…
China’s new-home prices declined faster in February, deteriorating for the first time in six months despite the country’s most recent attempts to support the industry. Prices in 70 cities, excluding state-subsidized housing, fell 0.14% from January’s 0.07%, according to National Bureau of Statistics data released Monday. Used property prices declined 0.34%, matching the rate a…
Export registrations for more than 1,000 U.S. meat facilities authorized by China under the 2020 “Phase 1” trade agreement expired on Sunday, according to China’s customs website, jeopardizing U.S. shipments to the world’s largest customer amid a protracted tariff spat. According to China’s General Administration of Customs’ website, the registration status of pig, beef, and…
Shares rose in Asia on Monday after U.S. equities had their best day since the November election, and China announced stronger-than-expected manufacturing statistics. Chinese officials were scheduled to brief reporters on Beijing’s attempts to increase consumer spending later in the day. Economists argue that consumers must spend more to get the economy out of its…
Goldman Sachs Group Inc. reduced its oil price projections as tariffs dampened the prospects for US growth while OPEC and its partners increased supply. The move comes as petroleum prices fell from this year’s peak in January due to abundant supply, a dismal demand outlook from China’s leading importer, and an expanding international trade conflict….