Palantir Technologies, AI Stock Wobble
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If you haven't been investing in companies connected to the artificial intelligence trend, it's not too late to start.
SoundHound AI (NASDAQ: SOUN), a voice AI platform that helps businesses deliver conversational AI experiences, has certainly attracted investor interest with its AI-led growth narrative. However, the stock’s history of sharp swings and recent market setup point to meaningful downside risk.
The AI boom could be a $16 trillion gift to the stock market, but AI-driven value creation could mean tough times ahead for workers.
Companies are pouring billions of dollars into AI infrastructure, laying the groundwork for what experts believe will be a multitrillion-dollar AI industry down the road. It's important to avoid getting carried away.
Palantir's price-to-sales ratio of 114 is way above OpenAI's 17. Palantir's success in defense work could block access to growth as enterprise AI payoff remains elusive
However, there are some AI stocks that are positioned to outperform the market (compared to the S&P 500), even when you put short-term hype aside. When I think of AI-related companies capable of doing so over the next decade, the following two options come to mind.
SoundHound AI extended its losing streak to a fourth consecutive day on Wednesday, shedding 6.47 percent to close at $12.44 apiece as investors unloaded positions to mitigate risks surrounding the
Tech stocks were under pressure this week as Wall Street’s AI enthusiasm slowed and investors adjusted portfolios after a strong summer rally. The Nasdaq Composite fell 0.67% on Wednesday after sliding 1.46% on Tuesday. The tech-heavy index was on track ...
The percentage of stocks in the Shanghai and Shenzhen composite indexes hitting fresh one-year highs this week has reached their highest levels since 2021 and 2020, respectively — excluding the record-breaking surge in October. Momentum is robust as well, with nearly 90% of all index members trading above their 50-day moving averages.
SoundHound AI stock fell amid a marketwide downturn. Even with solid AI tech and a large backlog, meaningful revenue and profits are years away.
Investor euphoria over artificial intelligence is cooling as market concentration and disappointing corporate returns raise bubble concerns — punishing AI-dependent stocks and prompting a shift toward fundamentals.