Outperform Underlying Stock! Will You Buy Tesla/Nvidia Concept Stocks/ETFs?

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05-10
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$SoundHound AI Inc(SOUN)$ surged over 15% in after-hours trading.

The speech recognition company, invested by $NVIDIA Corp(NVDA)$, reported Q1 revenue of $11.6 million, surpassing expectations of $10.097 million.

Adjusted EPS loss was $0.07, better than the expected loss of $0.09 per share.

$Luminar Technologies, Inc.(LAZR)$ jumped 19% on Wednesday as investors see $Tesla Motors(TSLA)$ as its key supporter during its latest earnings report.

The lidar company's Q1 2024 earnings report highlights Tesla as its largest customer, with Tesla orders accounting for over $2 million, approximately 10%, of the company's revenue.

In addition, $GraniteShares 2x Long NVDA Daily ETF(NVDL)$ skyrockets 154% YTD, more than Nvidia's 80% rise.

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Will You Buy Tesla/Nvidia Concept Stocks?
SoundHound AI surged over 15% after Q1 revenue surpassed market expectations of $10.097 million. Luminar jumped 19% on Wednesday as investors see Tesla as its key supporter during its latest earnings report. In addition, the ETF NVDL that tracks Nvidia performance also rises more than the stock. -------------------------- Rising more than Tesla and Nvidia, will you buy the stocks picked by two giants? Will you trade related ETFs?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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Comments

  • icycrystal
    05-10
    icycrystal
    it's important to invest in stocks that have proven themselves. they may have sudden surge at one point but could also dive down the next moment. therefore, it's better to go for companies with strong fundamentals.

    AI is still relatively new and would progress over time. however, there's a fear that after sometime AI hype would die down...

    $NVIDIA Corp(NVDA)$ would be a company to watch as it may be a company that could be in the league of the big players like $Microsoft(MSFT)$ $Meta Platforms, Inc.(META)$ $Amazon.com(AMZN)$ perhaps it's already there...

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    @GoodLife99 @Universe宇宙 @Shyon @Aqa @LMSunshine @koolgal @Universe宇宙 @rL

  • koolgal
    05-11
    koolgal
    🌟🌟🌟I prefer to buy ETFs that have Nvidia.  I like $VanEck Semiconductor ETF(SMH)$ as it has the best semiconductor stocks all in 1 basket.  Nvidia is the top holding with 20% weightage followed by TSMC.   Performance wise SMH is up 32% year todate and 81% in the past year.  SMH has the record of best performing ETF in a 5 year record.  That's really amazing!
  • Success88
    05-10
    Success88
    I will invest is $SoundHound AI Inc(SOUN)$as the next phase of AI is sound and effect. $NVIDIA Corp(NVDA)$ is invest in SoundHound Too. So i believe the potential growth in SoundHound will be huge
  • Aqa
    05-12
    Aqa
    🌷🌷🌷 Happy Mother’s Day to all Tigers. Buy! $Tesla Motors(TSLA)$ is oversold.$GraniteShares 2x Long NVDA Daily ETF(NVDL)$ skyrockets 154% YTD, more than Nvidia's 80% rise. All are doing well. Ti the moon! 🚀🚀🚀
  • AliceSam
    05-11
    AliceSam
    语音识别公司，由$英伟达公司(NVDA)$据报道，Q1收入为1160万美元，超过了1009.7万美元的预期。
  • TimothyX
    05-10
    TimothyX
    語音識別公司，由$英偉達公司(NVDA)$據報道，Q1收入爲1160萬美元，超過了1009.7萬美元的預期。


    調整後每股收益虧損0.07美元，好於每股0.09美元的預期虧損。


    $Luminar Technologies，Inc.(LAZR)$週三上漲19%，投資者認爲$特斯拉(TSLA)$作爲其最新收益報告的主要支持者。


    激光雷達公司的Q1 2024財報強調特斯拉是其最大的客戶，特斯拉訂單佔公司收入的200多萬美元，約佔公司收入的10%。


    此外，$GraniteShares 2倍長NVDA每日ETF(NVDL)$年初至今暴漲154%，超過英偉達80%的漲幅。
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