Bull Of The Day: Arbe Robotics Ltd (ARBE) [Yahoo! Finance]
Cerence Inc. (CRNC)
Last cerence inc. earnings: 2/11 07:00 am
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Source: Yahoo! Finance
The halo is the coming to us in the form of investments NVDA has made in some smaller companies that are partners and or customers. Cerence (CRNC) was announced as a partner for large language modeling and as a result the stock jumped from $8 before the announcement to a high of $27.50 yesterday morning. NanoX Imaging (NNOX) and SoundHound AI (SOUN) are among the companies that NVDA holds stock in. They both saw positive stock moves following the announcements about the investment. Yesterday, a new partnership was announced just prior to the Consumer Electronics Show which is better known as “CES” which starts today in Las Vegas. The CEO of Nvidia is slated to make the keynote address to kick things off (this article was written before the speech). The New Partner Arbe Robotics Ltd (ARBE) is a Zacks Rank #2 (Buy) that has an F for Value and a D for Growth. Yesterday the company announced that it is collaborating with Nvidia to enhance radar-based free space mapping and AI-Dr
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CRNC
News
- Cerence AI to Present at 27th Annual Needham Growth ConferenceGlobeNewswire
- Stock Market News for Jan 6, 2025 [Yahoo! Finance]Yahoo! Finance
- Yahoo Finance [Yahoo! Finance]Yahoo! Finance
- Nasdaq, stocks climb even after Santa Claus rally doesn't appear [Yahoo! Finance]Yahoo! Finance
- Cerence stock soars over 140% on new AI partnership with Nvidia [Yahoo! Finance]Yahoo! Finance
CRNC
Earnings
- 11/21/24 - Beat
CRNC
Sec Filings
- 1/2/25 - Form 4
- 1/2/25 - Form 144
- 12/31/24 - Form ARS
- CRNC's page on the SEC website