Nvidia’s push for a level playing field in China has seen a setback as a few hyperscaler customers have taken a stance against exporting chips to the Asian nation.
SoundHound stock is on track to stage a strong comeback on Monday after the broader market weakness seen on Friday stifled the optimism generated by the quarterly results.
According to a Bloomberg News report, the company’s funding round is led by sports venture capital firms Greycroft and GTMfund and also saw support from the National Hockey League.
Wall Street is suddenly fixated on valuations again, with the Shiller CAPE—an inflation-adjusted, 10-year earnings metric—at the center of renewed caution across investor conversations.
Palantir's sharp drop led a $500 billion tech sell-off on Tuesday, sending AI ETFs lower. Lofty valuations may finally be catching up with the AI trade.
A sharp tech selloff wiped out over $500B as Palantir, Nvidia, and others tumbled. Valuation concerns grow with CAPE ratio nearing dot-com bubble highs.
