Jensen Huang, co-founder and chief executive officer of Nvidia Corp., speaks during the Nvidia GPU Technology Conference (GTC) in San Jose, California, US,. Bloomberg/Getty Images Analyst: ‘Volatility is not new’ The company’s shares have dipped recently, but TheStreet Pro’s Chris Versace is undaunted. “We are adding to Nvidia coming off the recent pullback as well …
Since artificial intelligence’s (AI) burst in popularity early last year, investors have been captivated by the potential for AI stocks to go parabolic. Take SoundHound AI for example. Since reports emerged in mid-February that Nvidia (NASDAQ: NVDA) owned a stake in the company, its stock has exploded higher, soaring as much as 295% in the …
Wall Street is a stomping ground for innovation. Since the advent of the internet three decades ago, there have been a long list of next-big-thing trends and innovations that have come down the line, including genome decoding, 3D printing, blockchain technology, and the metaverse, just to name a few. However, none of these trends offers …
SoundHound AI has been red-hot on the stock market in 2024, with stunning gains of 288% so far. Investors have been buying shares of this voice artificial intelligence (AI) solutions provider hand over fist based on the belief that it could become the next big AI play. The company’s revenue has been growing at an impressive …
Technology stocks had a good start in 2024, with the Nasdaq-100 Technology Sector index gaining more than 10% already, and artificial intelligence (AI) has been a driving force behind this rally. Strong quarterly results from top AI names such as Nvidia lifted not only tech stocks but also the market as a whole, with both …
group of three with laptop If you had to choose a theme for 2023 (besides maybe Taylor Swift), it would definitely be artificial intelligence (AI). The technology has taken the world by storm, with countless companies restructuring their businesses to prioritize AI development. The AI market was valued at $137 billion last year, and Grand …