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This makes the stock riskier than profitable companies. SoundHound's valuation is in question after its recent epic run that saw the stock soar 171% over the past 30 days.
It's profitable, it has plenty of room to grow as AI investments expand, and its shares are relatively well priced with a forward price-to-earnings ratio of 34, compared to the tech-heavy Nasdaq ...
Artificial intelligence, or AI, has driven the price of stocks higher, particularly over the past two years, as AI stocks like NVIDIA (NASDAQ:NVDA) and Broadcom (NASDAQ:AVGO) have seen their ...
For example, Microsoft incorporated AI into its search engine (Bing) and web browser (Edge) with the assistance of OpenAI, the company behind the ultra-popular chatbot, ChatGPT. Microsoft happens ...
The core AI stock. Nvidia (NASDAQ: NVDA) continues to dominate the AI chip market with its graphics processing units (GPU). Trading at 31.3 times forward earnings, Nvidia commands a healthy ...
in the final quarter of calendar year 2023, Nvidia bought 1.73 million shares of SoundHound AI's stock (valued at about $3.6 million at the time). It has proven to be a good investment thus far.
Nvidia has dominated the AI narrative in the stock market, captivating investors and the media after soaring 2,190% over the past five years and becoming the most valuable company in the world for ...
Many stocks in the artificial intelligence (AI) space are skyrocketing nowadays. 7 of the 10 highest-performing tech stocks over the last 5 years have direct ties to the AI boom, either by making ...