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@ Layer3.news
2025-03-07 00:00:35
nostr:nprofile1qy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqgr8g2hyzql5lt4cxfjdj40hgtu6vydvsqvsesqy8canygcce3lwvyyapkyy
WHY SOUNDHOUND AI AND SERVE ROBOTICS STOCKS PLUNGED IN FEBRUARY WHILE SUPER MICRO COMPUTER SOARED
https://s.yimg.com/ny/api/res/1.2/ieH8s78ewQIII.JjealLmw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD05MDA-/https://media.zenfs.com/en/motleyfool.com/543d0fa47a601fd0529735199175cf0b
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✍️ SoundHound AI and Serve Robotics stocks plummeted in February, while Super Micro Computer shares soared, due to Nvidia's sale of its investments in the companies.
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👉 Nvidia sold its investments in SoundHound AI and Serve Robotics, leading to a decline in their stock prices.
👉 Super Micro Computer's stock recovered after the company filed its delayed financial reports.
👉 The companies' stock prices were affected by market overreactions and investors' assumptions about the companies' futures.
👉 The article suggests that investors should expect volatility from these names in the future.
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#HowardSmith #technology
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