Recently listed Tempus AI (Nasdaq: TEM) announced their first results since it went public. The company announced a strong performance driving its stock upwards.
>>>Recently, Salesforce (NYSE: CRM) announced its second quarter results that beat the market expectations and helped the stock climb 4% in the after-hours trading session. The company remains focused on AI, and recently announced the acquisition of Tenyx to continue to add to its AI portfolio.
>>>NVIDIA (NASDAQ: NVDA) last week reported its second quarter results which beat all estimates. However, after three straight quarters of revenue growth above 200%, its growth of 122% seems a tad disappointing and its shares fell 8% in extended trading. This is a slight pullback after an astronomical rally following the AI boom. Its stock has zoomed over 750% since 2023 and 150% this year.
>>>MongoDB (Nasdaq: MDB) reported its second quarter results earlier this week that surpassed market expectations. The company continues to invest in AI tools and capabilities that are helping drive the adoption of Atlas.
>>>According to a recent market report, the global Artificial Intelligence market is expected to grow 37% annually over the next few years to reach $2.75 trillion by 2032 from $177 billion in 2023. This is also propelling the growth of AI infrastructure companies. One such player is Astera Labs (NSDQ: ALAB) that listed recently and has seen its stock soar.
>>>Social engagement player Reddit (NYSE: RDDT) finally went public earlier this year. Reddit had been eyeing a listing for a while and had filed an S1 in 2022. But the market conditions delayed the listing. The recent listing appears to be doing well so far.
>>>Communication Platform as a Service (CPaaS) player Twilio (NYSE: TWLO) recently announced its second quarter results that outpaced market expectations. The impressive outlook for the coming quarters sent the stock soaring 7% in the after-hours trading session.
>>>Amazon (NASDAQ: AMZN) recently announced its second-quarter results that missed market expectations on revenue. Its stock tumbled on its revenue miss and weak outlook.
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