Three reasons why SoundHound’s 151% revenue surge isn’t as attractive as it sounds
SoundHound AI Inc. (NASDAQ: SOUN) rallied as much as 25% on Monday after reporting $29.1 million in revenue for its first financial quarter.On the surface, the number looks exceptionally positive.…
Asia markets open: Hang Seng plunges over 2% in tech sell-off, defying global relief rally
Asian-Pacific financial markets displayed a mixed performance on Tuesday, failing to uniformly sustain the powerful rally seen on Wall Street overnight, which was ignited by news of a trade agreement…
Indian markets open: Sensex, Nifty set for pullback after May 12’s record 4% surge
Indian stock markets are poised for a subdued, potentially lower opening on Tuesday, May 13, as investors likely look to book profits following a spectacular rally in the previous session.…
China’s e-commerce giants race to dominate instant retail market
Alibaba and JD.com, major Chinese e-commerce companies, are intensifying their competition for market share by heavily investing in instant retail. This strategy focuses on delivery times of 30 to 60 minutes,…
Red alert: Axon stock price has formed a very risky pattern
Axon stock price has been one of the best performers in the past few years as demand for tasers jumped. The AXN share price has jumped by over 800% in…
US-China trade truce lifts China’s economic outlook and equities: these Chinese stocks could benefit
Asian equities climbed sharply on Tuesday, extending a global rally after the United States and China agreed to pause their trade war for at least 90 days. Japan’s Nikkei jumped…
Europe markets open: stocks look higher; earnings from Bayer, SoftBank in focus
European stock markets opened with modest gains on Tuesday, attempting to build on the previous session’s rally, though an undercurrent of caution persisted as investors shifted their focus from initial…
China lifts ban on Boeing jet deliveries after trade thaw with US: report
China has quietly lifted a month-long ban on airlines taking delivery of Boeing Co. aircraft, Bloomberg reported on Tuesday citing people familiar with the matter, in what marks one of…
Coinbase stock price could surge by 70% after S&P 500 inclusion
Coinbase stock price jumped in the pre-market on Tuesday as the company prepares to join the blue-chip S&P 500 Index. It rose to a high of $223, up by over…
Asian markets mixed on Tuesday: Hang Seng slips 2%, Nikkei rallies 1.4%
Asian equities ended mixed on Tuesday, as the initial optimism surrounding the weekend’s US-China trade agreement gave way to caution. Investors scaled back expectations of aggressive interest rate cuts by…