Cerence Inc is a leading technology company that specializes in artificial intelligence and conversational interfaces for the automotive industry. It develops software solutions that enable natural language understanding, allowing drivers and passengers to interact with their vehicle's infotainment and connectivity systems through voice commands. By enhancing the in-car experience, Cerence's technologies focus on providing seamless, intuitive control over various vehicle functions, ultimately contributing to safer and more enjoyable driving experiences. The company's innovative offerings are designed to meet the growing demand for advanced automotive technologies, setting new standards in the realm of smart mobility. Read More
Let's have a look at what is happening on the US markets after the closing bell on Wednesday. Below you can find the top gainers and losers in today's after hours session.
Cramer says Cerence is a winner and Aurora Cannabis is a nice speculative stock. He recommends owning NVIDIA over Skyworks. Sezzle's had its day. Build-A-Bear's results beat expectations. Republic Services is a great stock. HighPeak Energy is levered to oil prices.
On CNBC's “Mad Money Lightning Round,” Jim Cramer recommended buying AbbVie Inc. (NYSE:ABBV), saying it's “just a gem” and a “winner.” He added, “I can't believe the stock dropped so much.”
Needham analyst upgrades CRNC stock from Hold to Buy with a $16 price target, expecting LLM-based voice assistants to drive higher PPU and strong management and debt actions to boost revenue by FY27.
The sell-off in stocks reversed abruptly this week on better-than-expected inflation readings; investors will want to see strong earnings to support the rally
