The Weekly Buzzing Stocks by Billy KawasakiSoundHound AISOUNTOP PICKAug 06, 2026
It is trading around $7.21 USD (having reached intraday highs of up to $8.19 USD). The stock began the week stalled near $6.10 USD but has posted a gain of over 16% following today's opening. After Wednesday afternoon's earnings call, shares surged more than 22% in after-hours trading and extended the rally on Thursday, driven by unanimous support from Wall Street analysts. Social media mentions are up 1,880% in the past 24h.
Unprofitable growth tech names like this are -59% this year, after surging last year when they never should have. Removing this froth is positive for the market.
They reported last week. The street was expecting the coming fiscal year to improve, but the company guided their outlook to remain the same more or less. In this market, you can be the same but explode the numbers upwards.
It is trading around $7.21 USD (having reached intraday highs of up to $8.19 USD). The stock began the week stalled near $6.10 USD but has posted a gain of over 16% following today's opening. After Wednesday afternoon's earnings call, shares surged more than 22% in after-hours trading and extended the rally on Thursday, driven by unanimous support from Wall Street analysts. Social media mentions are up 1,880% in the past 24h.