Why Arm Holdings, SoundHound AI, and Bigbear.ai Holdings Rallied This Week

These AI-related stocks rebounded on the back of massive AI spending plans from big tech giants.Shares of AI-related stocks Arm Holdings (ARM 3.53%), SoundHound AI (SOUN 4.45%), and Bigbear.ai (BBAI 6.63%) rallied this week, appreciating 15.4%, 21.7%, and 22.8% on the week, respectively, as of 12:13 p.m. ET, Friday, according to data from S&P Global Market .There wasn't much in the way of company-specific news for these three names this week. However, the positive commentary from several Magnificent Seven t ...