3 AI Stocks That Are Trading at a Discount in April

United States News News

3 AI Stocks That Are Trading at a Discount in April
United States Latest News,United States Headlines
  • 📰 Investingcom
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 53%

Stocks Analysis by The Tokenist (Timothy Fries) covering: NVIDIA Corporation, Walmart Inc, Honda Motor Co Ltd ADR, Target Corporation. Read The Tokenist (Timothy Fries)'s latest article on Investing.com

The AI market is merging into an underlying infrastructure of the digital era. Built upon hardware and software solutions with cloud-based integration, AI tech is spread across computer vision, natural language processing, machine learning, and generative AI.

Harnessing voice generation and recognition, the SoundHound app can pick up on humming to identify songs. This led to partnerships with Honda . Although still yielding negative earnings per share, SoundHound beat the last Q4 ‘23 estimate of $0.05 by $0.06. In February, Q1 FY24 earnings, Symbotic reported a net loss of $12.9 million, an improvement of 81% from the net loss of $67.9 million in the year-ago quarter of 2022. Likewise, the company’s gross profit margin increased from 17.3% to 20% over that period.

Both require superior video compression to scale up and reduce costs, offered by the emerging video format AV1. Although Beamr did not develop AV1, the company collaborated with Nvidia to accelerate its adoption.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Investingcom /  🏆 450. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

3 Stocks Set Up for a Great Second Quarter of 20243 Stocks Set Up for a Great Second Quarter of 2024Stocks Analysis by The Tokenist (Timothy Fries) covering: Marvell Technology Inc, Occidental Petroleum Corporation, Pfizer Inc. Read The Tokenist (Timothy Fries)'s latest article on Investing.com
Read more »

Cocoa Futures: The Impact of Supply Woes on the Broader MarketCocoa Futures: The Impact of Supply Woes on the Broader MarketCommodities Analysis by The Tokenist (Timothy Fries) covering: US Cocoa Futures. Read The Tokenist (Timothy Fries)'s latest article on Investing.com
Read more »

Is MicroStrategy’s Bitcoin Strategy a Double-Edged Sword?Is MicroStrategy’s Bitcoin Strategy a Double-Edged Sword?Market Analysis by The Tokenist (Timothy Fries) covering: MicroStrategy Incorporated, Bitcoin. Read The Tokenist (Timothy Fries)'s Market Analysis on Investing.com
Read more »

Meme Stocks Are Back and These 3 Are Making the Most NoiseMeme Stocks Are Back and These 3 Are Making the Most NoiseStocks Analysis by The Tokenist (Timothy Fries) covering: S&P 500, US Small Cap 2000, Interactive Brokers Group Inc, IAMGold Corporation. Read The Tokenist (Timothy Fries)'s latest article on Investing.com
Read more »

Timothy Cardinal Dolan, Christians across New York City mark Holy ThursdayTimothy Cardinal Dolan, Christians across New York City mark Holy ThursdayArchbishop of New York Timothy Cardinal Dolan blessed cases of free food in Washington Heights on Holy Thursday.
Read more »

Timothy Williams convicted of murder for Wendy Jerome's 1984 death in RochesterTimothy Williams convicted of murder for Wendy Jerome's 1984 death in RochesterRochester, N.Y. (WHAM)— A verdict has been reached in the cold case retrial of Timothy Williams, the man charged with raping and killing a 14-year-old girl in
Read more »



Render Time: 2025-02-23 22:53:30