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SoundHound AI (NASDAQ: SOUN) stock price is crawling back after tumbling hard between March and April when it moved from $10.25 to $3.52. It has now rebounded by 50% as investors buy the dip, giving it a market cap of over $1.7 billion. Seth Klarman invests in SOUNSeth Klarman, the billionaire founder of Baupost, is one of the investors buying SoundHound stock. Baupost is a leading value-oriented hedge fund with over $27 billion in assets under management. His other investments are in companies like Google, Qorvo, Viasat, and Fidelity National Information Services. Klarman invested in SoundHou...
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Arm Holdings (NASDAQ: ARM) stock price has moved into a deep bear market in the past two months as the artificial intelligence(AI) fatigue continued. It has plunged by over 34% from its highest point this year. Other semiconductor companies like Super Micro Computer (SMCI) and Nvidia have also dipped. Arm Holdings earnings aheadArm Holdings, the giant player in the semiconductor company, has been in the spotlight in the past few months as questions about its valuation remains. The firm has a market cap of over $109 billion and had revenues of over $2.9 billion in the trailing twelve months (TT...
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Crypto stocks have been on a tear since the beginning of the year. Coinbase (NASDAQ:COIN) is up well over 250%. Bitcoin mining stocks like Riot Platforms, Inc. (NASDAQ:RIOT) and Marathon Digital Holdings (NASDAQ:MARA) are up over 300%. And NVIDIA (NASDAQ:NVDA), which produces technology for crypto mining, is at an all-time high. Before getting further into that, though, let’s first define the term “crypto stock.” What Is A Crypto StockA crypto stock is a security that represents a share in a Bitcoin, crypto or crypto-adjacent company. These include Bitcoin miner and crypto exchange stocks like...
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Has Nvidia (NASDAQ:NVDA) peaked? My readers were among the first to know about Nvidia before it became a superstar. Now, everyone knows all about Nvidia’s near-monopoly on artificial intelligence (AI) chips… and folks are wondering how its stock can possibly keep rising after quadrupling in less than a year. The funny thing is most of these folks don’t understand what Nvidia actually DOES. When you understand the simple secret of its business model, you’ll see why its rise makes perfect sense… And why, despite its stock skyrocketing over 286% in less than a year… it’s actually cheap compared t...
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