Chip stocks and AI names tumbled for a second day on Wednesday, as anxiousness rises ahead of Powell's Friday speech.

SoundHound AI (NASDAQ: SOUN), a voice AI platform that helps businesses deliver conversational AI experiences, has certainly attracted investor interest with its AI-led growth narrative. However, the stock’s history of sharp swings and recent market setup point to meaningful downside risk.

Coherent Corp. (NYSE: COHR) is one of the Buzzing AI Stocks on Wall Street. On August 14, Northland raised the firm’s price target on the stock to $105 from $95 and kept an Outperform rating on the shares. The rating affirmation follows “slightly better” than expected fiscal Q4 results.

The AI boom could be a $16 trillion gift to the stock market, but AI-driven value creation could mean tough times ahead for workers.

The percentage of stocks in the Shanghai and Shenzhen composite indexes hitting fresh one-year highs this week has reached their highest levels since 2021 and 2020, respectively — excluding the record-breaking surge in October. Momentum is robust as well, with nearly 90% of all index members trading above their 50-day moving averages.

Nvidia, Palantir and other superstar AI stocks are under pressure again and dragging Wall Street lower. NEW YORK (AP) — Nvidia, Palantir and other superstar stocks that surged in the mania surrounding artificial-intelligence technology are dragging Wall Street lower again on Wednesday.

Sticking with industry leaders is all an investor needs to do to run circles around the market indexes. The Nasdaq Composite has returned 26% over the past 12 months, but leading stocks like Nvidia ( NVDA -0.85%) and Meta Platforms ( META 0.38%) have doubled that return.

Just when you start to see hints indicating the boom of artificial intelligence (AI) stocks is coming to an end, signs that the boom will continue emerge. That has helped AI stocks continue to rocket higher and higher. The headline figures for Meta's ...

Independent power producers like Constellation Energy and Vistra are well-positioned to benefit from the AI boom, the analysts said.