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NASDAQ:FWONK 16 May 2026

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  • SoundHound's Acquisition of LivePerson Faces Market Skepticism Despite Revenue Growth
    May 16, 2026, 4:13 PM EDT. SoundHound AI reported strong Q1 2026 revenue growth but saw its stock price decline, partly due to maintaining its full-year revenue forecast and announcing an acquisition of conversational AI firm LivePerson. The deal aims to combine SoundHound's voice AI with LivePerson's text-based AI to boost revenue, with LivePerson expected to add $100 million in 2027. However, investors remain cautious because SoundHound is unprofitable, LivePerson posted significant losses ($134.2 million in 2024), and the acquisition involves stock issuance risking shareholder dilution. The global AI agent market is projected to grow from $7.6 billion in 2025 to $182.9 billion by 2033, highlighting the strategic potential if SoundHound can successfully integrate LivePerson.

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Everspin Faces Weekend After Insider Sale and Tech Drop

Everspin Faces Weekend After Insider Sale and Tech Drop

16 May 2026
Everspin shares fell 7.5% to $37.57 Friday and slipped to $37.00 after hours, but still ended the week up 39% after volatile trading. An SEC filing showed director Glen Hawk sold 48,563 shares. The moves followed first-quarter results showing revenue rose to $14.87 million and a $40 million defense subcontract for onshore MRAM production.
American Rare Earths Jumps on Nasdaq Listing News

American Rare Earths Jumps on Nasdaq Listing News

16 May 2026
American Rare Earths Limited closed at A$0.410 on Friday, up 12.33% for the week, after formally starting the process for a planned Nasdaq secondary listing. The company appointed BDO Audit Pty Ltd as auditor and Rimon as U.S. legal adviser. The S&P/ASX 200 fell 1.2% for the week. American Rare Earths’ main project remains the Halleck Creek rare earths site in Wyoming.
3M Stock Outperformed Dow Decline; Eyes on This Week’s Test

3M Stock Outperformed Dow Decline; Eyes on This Week’s Test

16 May 2026
3M shares rose 0.76% to $146.22 Friday, outperforming the S&P 500’s 1.2% drop and Dow’s 1.1% loss. For the week, 3M gained 2.0%, while the Industrial Select Sector SPDR ETF fell about 1.0%. The company declared a 78-cent quarterly dividend and reported first-quarter adjusted earnings per share of $2.14, up 14% from a year earlier.
Coca-Cola shares hold up as broader market sinks, with a new challenge on deck

Coca-Cola shares hold up as broader market sinks, with a new challenge on deck

16 May 2026
Coca-Cola shares closed Friday at $80.82, up 0.46%, capping a 3.1% weekly gain as the S&P 500 and Dow fell. The stock ended near a 52-week high after five straight daily advances. Friday’s trading volume reached 17.53 million shares. Officer Nancy Quan filed to potentially sell 31,625 shares valued at about $2.56 million.
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