News - Page 6

The Surprising Forces Shaping Wall Street’s Rollercoaster Week

The Surprising Forces Shaping Wall Street’s Rollercoaster Week

Nvidia Corp.’s stock fell 8.5% after the U.S. imposed export controls on its AI chips to China, with potential earnings impacts of $5.5 billion. The semiconductor sector declined by 3% due to geopolitical tensions and export restrictions. Banking giants and Netflix reported
19 April 2025
The Rise of Rigetti: Quantum Dreams Amidst Market Swirls

The Rise of Rigetti: Quantum Dreams Amidst Market Swirls

Quantum computing taps into qubits for exponential processing power, presenting challenges like cost, size, and error margins. Rigetti Computing aims to be a full-stack quantum technology provider, yet faced significant hurdles since its SPAC debut in 2022. In 2024, Rigetti’s financials faltered
5 April 2025
Why SoundHound AI is Rallying While Insiders Cash Out

Why SoundHound AI is Rallying While Insiders Cash Out

SoundHound AI, Inc. saw a 4.7% increase in stock price, reaching $8.68, amid insider stock selling. The company excels in voice AI technology, impacting industries such as automotive and customer service. Despite positive stock performance, the latest earnings report shows a 163.58%
5 April 2025
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