Why Artificial Intelligence Stocks SoundHound AI, IonQ, and C3.ai Are Struggling Today
Shares of several technology and artificial intelligence (AI) stocks struggled today, due to reports of further export controls and as signs of a weakening consumer continue to rattle the broader market. The Nasdaq Composite had fallen nearly 1.1% as of 1:38 p.m. ET. Shares of SoundHound AI (SOUN -6.36%) and IonQ (IONQ -5.43%) traded 6.2% and 6.4% lower, respectively. Shares of C3.ai (AI -2.03%) were down 3.7%.Trump seeks to broaden chip controlsTech stocks bore the brunt of the sell-off today after multipl ...