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Stock impact report

Why Cerence Inc. (CRNC) Is One of the Best AI Stocks to Invest in Under $10? [Yahoo! Finance]

Cerence Inc. (CRNC) 
Last cerence inc. earnings: 2/11 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
where Cerence Inc. (NASDAQ:CRNC) stands against the other best artificial intelligence stocks to invest in under $10. The tech market is poised for an explosive growth phase as the AI revolution accelerates. Dan Ives, Global Head of Technology Research at Wedbush Securities, recently appeared on CNBC on November 25 to discuss the current state of the tech market, predicting that it will be "on fire" as the AI revolution enters its next phase, marking the beginning of what he considers a fourth industrial revolution. Ives emphasized that the software segment of AI is now critical, with expectations that AI software companies will lead this growth. Ives believes that the consumption model in enterprise AI, driven by advancements from major chipmakers, will lead to underestimated growth rates of 15% to 20% for these software companies. Ives also addressed the impact of bond yields and currency strength on the tech trade, noting that while these factors could present headwinds, they a Show less Read more
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