SoundHound AI Inc SOUN has been stealing the show in the stock market with a jaw-dropping 564% gain year-to-date. The stock’s trajectory has been up, fueled by optimism over its voice AI technology. But is the rally sustainable, or is this just a short-term hit? Chart created using Benzinga Pro The technical indicators for SoundHound…
Here’s a look at the top five trending stocks on Yahoo Finance. Pfizer, Inc. PFE: Shares of vaccine stocks are down after President-elect Donald Trump pointed to Robert Kennedy Jr. as potentially the next Health and Human Services secretary. Trump has said he would let Kennedy “go wild on health” and could “do pretty much…
Wedbush analyst Dan Ives is out with an early reaction to Palantir Technologies Inc.’s PLTR “eye-popping” results, featuring beats across the board. What To Know: Palantir, which Ives calls “The Messi of AI,” beat analyst estimates on the top and bottom lines when it reported third-quarter financial results after the market close on Monday. Total…
Alphabet, Inc.’s GOOG GOOGL Google has added new generative AI capabilities to its Google Maps, Waze and Google Earth offerings through the company’s Gemini AI model. Here’s a look at the new capabilities available in some of Google’s most commonly used apps. Google Maps: Users can now ask Google Maps for inspiration on where to…
The Federal Reserve’s preferred measure of inflation, the personal consumption expenditures index, grew less than economists expected in August at 2.2% year-over-year. The data comes on the heels of the Federal Reserve’s 0.5% interest rate cut issued Sept. 18, the first in more than four years. The inflation data supports another 0.5% interest rate cut…
Microsoft co-founder Bill Gates has high hopes for artificial intelligence, but isn’t ready to brush off concerns, either. AI For Good: Gates, an avid user of AI, believes it can help in areas like health and education. “The near-term issues are more using it in a positive way, in areas like health and education. Even…