Shares of voice AI technology company SoundHound AI (NASDAQ:SOUN) fell 7.8% in the morning session after investor caution grew ahead of its upcoming third-quarter earnings report, coupled with concerns about profitability. The pullback reflected profit-taking after recent gains and renewed worries about the company’s ability to make money. SoundHound AI was scheduled to report its…
By Alun John, Ankur Banerjee and Manya Saini SINGAPORE/LONDON (Reuters) -Fear over credit quality in U.S. regional banks rippled through markets on Friday, dragging global financial stocks lower and reviving memories of the crisis of confidence that shook sentiment just over two years ago. The selloff hit Wall Street’s main indexes, with futures pointing to…
Shares of carbonate fuel cell technology developer FuelCell Energy (NASDAQ:FCEL) jumped 16.3% in the afternoon session after the hydrogen fuel cell sector experienced a surge in positive sentiment after an analyst at H.C. Wainwright more than doubled the price target for industry peer Plug Power. While the analyst note did not mention FuelCell Energy directly,…
The S&P 500 Index is up 12.5% year-to-date, 17% over the past six months, and is at an all-time high. In fact, small caps, large caps, and tech stocks are all hovering near all-time highs. However, the one item not near new highs is investor sentiment. Despite the stellar market performance and uptrend in price,…
Adobe Inc. (NASDAQ:ADBE) is one of the AI Stocks In The Spotlight For Investors. On September 9, Oppenheimer analyst Brian Schwartz lowered the price target on the stock to $460.00 (from $500.00) while maintaining an Outperform rating. The rating, issued as part of a fiscal Q3 earnings preview, reflects low expectations into the earnings print considering…
Shares of computer processor maker AMD (NASDAQ:AMD) fell 3.1% in the morning session after stocks in the semiconductor sector pulled back triggered by a weak forecast from peer chipmaker Marvell Technology. Marvell’s disappointing outlook, which it attributed to a slowdown in its custom AI chip business, soured investor sentiment across the industry. The news put…
LONDON (Reuters) -Owning big U.S. tech stocks is once again the most popular trade, according to BofA’s monthly fund manager survey, as upbeat earnings and improved sentiment towards the global economy send investors back into stocks. 45% of the 169 participants in August’s survey, who have $413 billion in assets under management, said they thought…
Stock valuations are getting frothy again, but this time, it’s not all Big Tech’s fault. Yes, valuations of the Magnificent Seven stocks — Apple, Amazon, Microsoft, Meta, Alphabet, Nvidia, and Tesla — are back up after since bottoming in April. Yet, the group’s 12-month forward price-to-earnings ratio is still down from mid-2024, mid-2023, and 2020…
Spotify Technology (NYSE:SPOT) experienced a notable decline in its stock price on Tuesday following the release of its second-quarter 2025 financial results. While the audio streaming giant demonstrated robust growth in its user base, a significant miss on earnings per share and revenue, coupled with a conservative outlook for the upcoming quarter, weighed heavily on…
Shares of home energy technology company Enphase (NASDAQ:ENPH) fell 14.5% in the afternoon session after the company provided a weaker-than-expected revenue forecast for the third quarter. The company projected third-quarter revenue to be between $330 million and $370 million, with the midpoint falling short of analysts’ expectations. While Enphase’s second-quarter earnings and revenue surpassed estimates,…