Shares of decision intelligence specialist BigBear.ai (BBAI 31.79%) continued its amazing run on Monday, surging as much as 38.7%. As of 11:50 a.m. ET, the stock was still up 28.5%.A check of all the usual suspects -- regulatory filings, analyst commentary, and financial reports -- revealed no company-specific news fueling the surge. This suggests the rise was due to an announcement concerning another company in the artificial intelligence (AI) space.Riding Supermicro's coattailsSuper Micro Computer, also k ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Group 1: BigBear.ai and Palantir Partnership - BigBear.ai (BBAI) and Palantir (PLTR) announced a strategic partnership on February 28, combining AI-powered products with a next-generation operating platform, which is significant for BBAI due to its smaller market cap of $600 million compared to PLTR's $54 billion [1][2] - The partnership with PLTR, a leader in the AI niche, could validate BBAI's product quality and potentially lead to an acquisition by PLTR in the future [2] Group 2: Financial Performance and Market Sentiment - BBAI reported its first profitable quarter as a public company, indicating strong demand in the AI industry, with Zacks Consensus Estimates projecting an EPS growth of 64.21% in 2023 [3][4] - BBAI's stock experienced a significant price increase of 38% on February 27, with trading volume 10 times the norm, suggesting strong accumulation and bullish momentum [5] Group 3: SoundHound AI and Nvidia Investment - SoundHound AI (SOUN) specializes in audio and voice recognition technology, with applications extending to voice-controlled virtual assistants and smart devices [6] - Nvidia (NVDA) made a notable investment in SOUN, purchasing nearly $4 million worth of shares, indicating NVDA's interest in AI pure plays and its financial capability to support SOUN's growth [7][8] - SOUN has demonstrated a strong track record of beating Wall Street analysts' EPS expectations, achieving this in six of its first eight quarters since going public [9]

A number of tech stocks continue to trade near all-time highs today, with the Nasdaq exchange set to close at yet another record high. However, a significant amount of investor attention is clearly being focused on key artificial intelligence (AI) stocks, with BigBear.ai (NYSE:BBAI) the latest company to generate impressive single-day returns. Today, BBAI stock is up over 20% in early afternoon trading as investors continue to pile into companies with key catalysts.The catalyst investors are focusing on whe ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

The artificial intelligence (AI) boom isn’t slowing. Instead, more growth is ahead, as AI begins to impact just about every business and person in existence. Better, the AI market is valued at about $100 billion today and could grow to $2 trillion by 2030, according to Next Move Strategy Consulting. All creating massive opportunities for top AI stocks to buy.No wonder companies are jumping on for a piece of the market. Even Apple (NASDAQ:AAPL) is winding down its electric vehicle efforts to focus more on ge ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Artificial intelligence-related services provider BigBear.ai (NASDAQ:BBAI) saw its share price skyrocket on Tuesday on apparently no company-related news. Sector peers, including C3.ai (NYSE:AI) and SoundHound AI (NASDAQ:SOUN), also enjoyed robust rallies, suggesting a link to broader AI enthusiasm. Specific to BBAI stock, it frequently sees dynamic trading which may be invigorating the bulls.Without any clear company-related catalyst, BigBear.ai — which covers a broad range of services ranging from consult ...

By now, you’re well aware of the artificial intelligence boom. You know Big Tech has been investing billions into it. You also know the market could be worth billions, if not trillions, which is great news for well-known AI stocks and even hidden-gem AI stocks.In fact, according to Allied Market Research, the generative AI market could be worth $191.8 billion by 2032. Healthcare AI, according to SNS Insider, could be worth nearly $187.57 billion by 2030. The AI cybersecurity market could be worth $133 billi ...

COLUMBIA, Md., Jan. 16, 2024 (GLOBE NEWSWIRE) -- BigBear.ai (NYSE:BBAI) ("BigBear.ai" or the "Company"), a leader in providing AI-powered decision intelligence solutions, today announced that it will host an investor presentation after market close on Tuesday, February 6, 2024. The presentation will provide updates on the Company's planned acquisition of Pangiam, which was previously announced on November 6, 2023. The investor presentation call and webcast will commence at 5:00 p.m. ET on February 6, 2024. ...