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This Fund Slashed an AI ETF Position by $15 Million. Here's What Long-Term Investors Should Know
Yahoo Finance· 2026-02-26 22:50
Obsidian CIO cut its stake in the Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) during the fourth quarter, selling 422,567 shares in a trade estimated at $15.32 million based on quarterly average pricing, according to a February 17, 2026, SEC filing. What happened According to a Securities and Exchange Commission (SEC) filing dated February 17, 2026, Obsidian CIO reduced its position in the Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) by 422,567 shares during the fourth q ...
用好京津资源打造高能级科创平台
Xin Lang Cai Jing· 2026-02-26 22:49
京津冀协同发展战略实施以来,河北抢抓历史机遇,主动对接京津、服务京津,科技创新水平与能力显 著提升。从点对点项目合作,到共建创新平台、共组创新联盟系统推进,"京津研发、河北转化"模式日 益成熟。面向"十五五",河北要继续发扬改革创新精神,用足用好京津支撑条件,积极打造高能级科创 平台,推动更多科技成果落地转化,为高质量发展注入不竭动力。 转自:河北日报 用好京津资源打造高能级科创平台 (来源:河北日报) □师伟力 高能级科创平台是指具备高水平创新资源集聚、高能级创新策源、高效率成果转化能力的科技创新载 体。打造高能级科创平台,是提升区域创新能力、抢占科技竞争制高点的关键抓手,对于突破"卡脖 子"技术难题、培育战略性新兴产业、构建现代化产业体系具有重要意义。 传推介,营造崇尚创新、乐于合作的良好氛围;鼓励三地科研人员、企业家、投资人开展常态化交流互 动,凝聚协同创新共识,培育开放包容、合作共赢的区域创新文化。 以机制创新锻造高能级科创平台体系。聚焦科创平台体制机制创新与优化布局,构建更为灵活、高效、 富有韧性的区域创新治理体系,推动形成定位清晰、优势互补的高能级科创平台集群。积极探索跨区域 平台市场化法人治理模 ...
Intapp announces Partner Forum 2026 Award winners
Businesswire· 2026-02-26 22:30
Intapp announces Partner Forum 2026 Award winnersFeb 26, 2026 5:30 PM Eastern Standard Time# Intapp announces Partner Forum 2026 Award winnersShare---Awards celebrate our partners' dedication to innovation, collaboration, and client successPALO ALTO, Calif.--([BUSINESS WIRE])-- [Intapp](NASDAQ: INTA), the leading governed AI platform for professional firms in highly regulated industries, today announced the winners of its Partner Forum 2026 Awards. The awards recognize demonstrable client success in five ca ...
CoreWeave's stock drops as losses swell and interest expenses climb
MarketWatch· 2026-02-26 21:55
Core Viewpoint - High demand for AI continues, but CoreWeave's increasing net loss in Q4 raises concerns among investors [1] Company Summary - CoreWeave reported a widening net loss in the fourth quarter, which is causing hesitation among investors [1]
SoundHound AI Stock Flat After Q4 Earnings: Details
Benzinga· 2026-02-26 21:54
SoundHound AI Inc. (NASDAQ:SOUN) shares were mostly flat in Thursday's extended trading after the company released its fourth-quarter earnings report. Here's a look at the details from the quarter. SOUN stock is moving. Watch the price action here.The Details: SoundHound AI reported quarterly losses of two cents per share, in line with the consensus estimate.Quarterly revenue came in at $55.06 million, which beat the Street estimate of $53.99 million and was up from $34.54 million in the same period last ye ...
Ademi LLP Investigates Claims of Securities Fraud against C3.ai, Inc.
Prnewswire· 2026-02-26 21:21
Core Viewpoint - Ademi LLP is investigating potential securities fraud claims against C3.ai due to inaccurate statements regarding its financial performance and business operations [1] Group 1: Investigation Details - The investigation is focused on C3.ai's disclosures related to projected growth and sales in the commercial sector [1] - C3.ai has reported that its commercial sector is experiencing difficulties, described as being in "pilot purgatory," with customers hesitant to adopt its AI solutions [1] Group 2: Financial Impact - The lack of execution in the commercial sector has led to significant financial strain, with C3.ai "burning too much money" [1] - As a result of these challenges, C3.ai has announced a workforce reduction of 26% [1]
BGM Group Ltd. Receives NASDAQ Notice Related to Late Filing of Form 20-F
Globenewswire· 2026-02-26 21:15
Core Viewpoint - BGM Group Ltd. has received a notification from Nasdaq regarding non-compliance with listing rules due to the late filing of its Annual Report on Form 20-F for the fiscal year ended September 30, 2025 [1][2]. Compliance and Regulatory Actions - The company has 60 calendar days to submit a plan to Nasdaq to regain compliance, with a potential extension of up to 180 days if the plan is accepted [2]. - If the plan is not accepted, the company can appeal the decision to a Hearing Panel, but the notification does not immediately affect the listing of its class A ordinary shares [3]. Company Operations and Focus - BGM Group Ltd. focuses on technology fields including AI applications, intelligent robots, algorithmic computing power, cloud computing, and biopharmaceuticals [5]. - In AI applications, the company utilizes advanced analytics and AI Agent technology to provide solutions for insurance companies, covering areas such as sales, underwriting, claims processing, and customer service [6]. - The biopharmaceutical division produces oxytetracycline API, crude heparin sodium, and licorice preparations, integrating AI-assisted decision-making to optimize supply chains and improve process efficiency [7].
SoundHound AI Reports Record Annual Revenue of $169 Million, Up Nearly 100%, Forecasts Strong Growth
Globenewswire· 2026-02-26 21:06
Core Insights - SoundHound AI, Inc. reported a record number of enterprise deals in Q4 2025, positioning itself as a leading partner for businesses amid the disruption of traditional software and services [4][6] - The company experienced significant growth in revenue and key profit metrics, driven by increased demand for enterprise-grade AI solutions [4][6] Financial Highlights - Q4 2025 revenue reached $55.1 million, a 59% increase year-over-year [7][15] - Full year 2025 revenue was $168.9 million, marking a 99% increase year-over-year [7][16] - Q4 GAAP gross margin was 47.9%, while non-GAAP gross margin was 60.5% [7][15] - Full year GAAP gross margin was 42.4%, and non-GAAP gross margin was 58.0% [7][16] - Q4 GAAP net income was $40.1 million, with a non-GAAP net loss of $7.3 million [7][15] - Full year GAAP net loss was $14.0 million, and non-GAAP net loss was $53.9 million [7][16] Business Developments - The company signed a new prominent OEM in Japan with a seven-digit unit commitment and closed a deal with a new Korean OEM [8] - SoundHound expanded its partnerships with various automotive manufacturers, including a major American automaker and several global brands [13] - The company enhanced its voice commerce capabilities by adding new merchants and expanding its ecosystem [13] Liquidity and Cash Flow - As of December 31, 2025, SoundHound had total cash and cash equivalents of $248 million with no debt [18] - The net cash used in operating activities for the year was $98.2 million, while net cash provided by financing activities was $208.1 million [19] Business Outlook - The revenue outlook for full year 2026 is projected to be between $225 million and $260 million [20]
How to Find Tomorrow's Winners in the AI Space
Etftrends· 2026-02-26 19:49
Those looking to harness the best long-term opportunities in the equity market are likely keeping a close eye on how the AI sector is doing. After all, momentum in the AI space proved to be a key driv... ...
Howard Marks: AI Is Multi-Trillion Dollar 'Labor Replacement,' But Prediction Markets Disagree - NVIDIA (NASDAQ:NVDA)
Benzinga· 2026-02-26 19:34
Group 1: AI Development and Impact - Howard Marks argues that AI has progressed to "Level 3," where autonomous agents can perform entire jobs rather than just enhancing productivity, which could shift the market from $50 billion to multi-trillion dollars [1] - Matt Schumer highlights the rapid development of AI, stating that it can create finished products directly from plain English instructions, indicating a significant leap in AI capabilities [2] - An estimate suggests that $150 billion to $250 billion in annual labor value in software could transition to AI compute, showcasing the potential economic impact of AI [3] Group 2: Employment and Economic Predictions - Prediction markets indicate a 38% chance that U.S. unemployment will reach 5.0% this year, with lower probabilities for higher unemployment rates, reflecting a cautious outlook on job market stability [4] - The U.S. has not experienced 10% unemployment since October 2009, emphasizing the rarity of such high unemployment levels in recent history [4] Group 3: Investment Insights - Marks does not view the current AI technology as a bubble, asserting its real potential is likely underestimated rather than overestimated [5] - He differentiates between the technology itself and the speculative nature of investments in startups with high valuations but no products, likening them to lottery tickets [5] - Marks advises against extreme investment strategies, recommending a balanced approach to capitalize on technological advancements without risking significant losses [5]