The S&P 500 slipped 0.3% on Friday, Jan. 24, 2025, retreating from the prior session's all-time high to close out the holiday-shortened trading week.

A great example of that is the highly volatile SoundHound AI (NASDAQ: SOUN). The voice AI company surged an incredible 836% in 2024 after investors learned chipmaker Nvidia was an investor in the business. At the time of this writing, shares of SoundHound AI are trading nearly 50% down from their 52-week high of $24.98.

On Tuesday, President Donald Trump announced The Stargate Project, a private $500 billion artificial intelligence (AI) infrastructure project in the United States, as I reported on Wednesday. Stargate is a joint venture (JV) between three leading technology companies heavily involved in AI: Oracle (NYSE: ORCL), SoftBank Group (OTC: SFTBF), and OpenAI. Oracle co-founder and chairman Larry Ellison, SoftBank founder and CEO Masayoshi Son, and OpenAI co-founder and CEO Sam Altman joined the president at the press conference and they outlined the project.

The initiating party was one of the "big four" American banks -- JPMorgan Chase. Before market open, the bank's analyst Junko Yamamura kicked off coverage of Nintendo's Japan-listed stock with an overweight -- buy, in other words -- recommendation at a price target of 11,600 yen ($74.21) per share. Following Nintendo's reveal, several analysts became more bullish about the company's prospects, not least due to anticipated Switch 2 sales.

Coca-Cola lovers for more than a decade were forced to wash down their $1.50 hot dogs at Costco’s food courts with Pepsi. But Costco plans to bring back Coca-Coca at its food court soda fountains this summer and ditch its archrival.

(Bloomberg) -- Week one of the Trump administration was, as advertised, full of excitement in financial markets — just not the kind of excitement most investors had anticipated.Most Read from BloombergWhat Happened to Hanging Out on the Street?How Sanctuary Cities Are Preparing for Another Showdown With TrumpBillionaire Developer Caruso Slams LA Leadership Over WildfiresVienna Embraces Heat Pumps to Ditch Russian GasHoboken PATH Station Will Close for Almost a Month on Jan. 30The Trump trades th

We recently published a list of Top 10 Trending AI Stocks on Wall Street. In this article, we are going to take a look at where International Business Machines Corporation (NYSE:IBM) stands against other top trending AI stocks on Wall Street. President Donald Trump has recently announced a private sector investment to build more AI […]

The Dow Jones Industrial Average dropped 0.3%, and the Nasdaq composite fell 0.5%. Worries about profitability at Texas Instruments hurt stocks across the semiconductor industry. The Nasdaq composite fell 99.38 points, or 0.5%, to 19,954.30.

Today's Research Daily features new research reports on 16 major stocks, including Cisco Systems, Inc. (CSCO), Abbott Laboratories (ABT) and The Coca-Cola Company (KO).

VZ earnings call for the period ending December 31, 2024.