SoundHound AI is a pure play in the rise of artificial intelligence that investors shouldn’t overlook, according to Piper Sandler. The firm initiated coverage of the AI stock on Monday with an overweight rating and a $12 per share price target. Piper Sandler’s forecast implies more than 25% upside from Friday’s $9.58 close. “With its voice-A.I platform, SoundHound is a direct play on the A.I revolution,” analyst James Fish wrote. The analyst highlighted a multitude of segments into which SoundHound can expand its growth runway, including further integrating its conversational AI technology into auto. SOUN YTD mountain SoundHound AI stock…
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WASHINGTON – NOVEMBER 15: Rep. Charlie Rangel (D-NY) arriving for his House of Representatives ethics committee hearing in the Longworth House Office Building November 15, 2010 in Washington, DC.Chip Somodevilla | Getty Images News | Getty ImagesCharles Rangel, the Democratic former congressman from New York who championed his Harlem community on Capitol Hill for almost five decades, died Monday, his family said.He was 94.City College of New York spokesperson Michelle Stent confirmed Rangel’s death in a statement, saying he died at a hospital in New York.Politicians and supporters remembered Rangel, known as Charlie, for his years in public service and deep…
“This latest trade war with China, is the type of disturbance that Apple has long been trying to prepare itself for,” says Le Xuan Chiew, a research manager at Omdia.Kevin Carter | Getty Images News | Getty ImagesShipments of iPhones from India to the U.S. rose 76% in April year on year, estimates from a technology market analyst firm shows. The surge comes as Apple accelerates its “made in India” plans, which analysts say will meet pushback from President Donald Trump and Beijing.The data from Canalys, now part of Omdia, showed that U.S. iPhones shipped from India in April reached…
Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more.Gen Z is opening up their wallets a bit more this year than last. According to a recent Northwestern Mutual study, almost half (40%) of this young cohort expect to spend more in 2025 than in 2024, well outpacing other generations.More spending generally encourages more opportunities to earn rewards, but only if you use the right financial tools. Below, CNBC Select looks at some popular Gen Z spending categories — and the credit cards that provide the most bang for their buck in each category.Travel spendingSpotlightPoints are worth 25% more…
It’s late at night in South Nashville, and the seventh day of a weeklong immigration sweep here. Tennessee state troopers, trailed by federal ICE agents in unmarked cars, raced down deserted streets in this predominantly Hispanic neighborhood. “Are you in Harding? Now — this white one went back down there too.” These are volunteers from The ReMIX Tennessee, an immigrant advocacy organization. They’re trying to document and disrupt what they say is an unprecedented partnership between state troopers and ICE agents. “Yeah it’s putting a lot of fear in the community. Like, I’m having conversations with people’s families who are…
Elon Musk interviews on CNBC from the Tesla Headquarters in Texas. CNBCEuropean sales of Tesla vehicles plunged in April, as the U.S. electric carmaker continues to face reputational damage regionally and rising competition.Tesla sold 7,261 cars in Europe in April, down 49% year-on-year, according to the European Automobile Manufacturers’ Association (ACEA). That drop came even as overall battery electric car sales rose 34.1% annually in April.Tesla has faced brand damage over the past few months because of CEO Elon Musk’s political involvement with U.S. President Donald Trump, with protests erupting at Tesla dealerships across Europe in March.Tesla sales tanked nearly…
French President Emmanuel Macron at a luncheon with Vietnam’s Communist Party General Secretary To Lam at the Temple of Literature in Hanoi, Vietnam, on May 26, 2025.Chalinee Thirasupa | Afp | Getty Images French President Emmanuel Macron visiting Vietnam and Swedish automaker Volvo Cars laying off employees might not appear to have much in common.But they are, on some level, strategic maneuvers in response to U.S. President Donald Trump’s deployment of 50% tariffs on the European Union, which he later delayed.Macron sealed a deal with Vietnam for the Asian country to buy 20 jets from European planemaker Airbus, building on an…
Diamond rings and bracelets on display in a show window in Antwerp, Belgium. (Photo by Yuriko Nakao/Getty Images)Yuriko Nakao | Getty Images News | Getty ImagesThey might be made of the hardest material on earth, but diamonds, with their complex supply chains and expensive price tag, are particularly fragile to U.S. President Donald Trump’s aggressive tariff agenda. The precious mineral is facing a baseline 10% import duty to the U.S. — a market accounting for over half of the global demand for polished diamonds. The sector is also bracing for additional duties should Trump’s 90-day pause come to an end with no…
U.K. food inflation jumps for fourth month in a rowFood inflation in the U.K. rose by 2.8% year-on-year in May, according to the British Retail Consortium, marking the fourth consecutive month of price rises. The figure was up from 2.6% year-on-year growth in April, and above the three-month average of 2.6%.Helen Dickinson, Chief Executive of the BRC, said in a statement on Tuesday that fresh food prices were the main driver of the price rises, with wholesale beef prices increasing. She argued that increased costs being leveraged on businesses were having an inflationary impact.”With retailers now absorbing the additional £5bn…
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