Cerence Stock Forum

$Cerence(CRNC.US)$
Cerence Powers Enhanced Safety Capabilities in Top German Automaker’s Level 3 Autonomous Driving System

$Cerence(CRNC.US)$ earnign is bad , so this is good for $SoundHound AI(SOUN.US)$  or bad ?

$Cerence(CRNC.US)$ first stack going in

Gainers:
In reaction to earnings/guidance:
• $GoodRx(GDRX.US)$ +38.5%, $EDGIO(EGIO.US)$ +13.5%, $Lemonade(LMND.US)$ +10.7%, $Desktop Metal(DM.US)$ +8.5%, $ShockWave Medical(SWAV.US)$ +8.2%, $Pubmatic(PUBM.US)$ +8.1%, $Olaplex(OLPX.US)$ +7%, $Vivid Seats(SEAT.US)$ +6.4%, $Noble(NE.US)$ +6.3%, $Aspen Technology(AZPN.US)$ +5.4%, $AAON Inc(AAON.US)$ +5%, $Hudbay Minerals(HBM.US)$ +5%, $Vivint Smart Home(VVNT.US)$ +4.9%, $Vivint Smart Home(VVNT.US)$ +4...

Upgrades
• $Allegiance(ABTX.US)$ : Raymond James Upgrades to Outperform from Market Perform - PT $43
• $Bunge(BG.US)$: JPMorgan Upgrades to Overweight from Neutral - PT $106 (from $130)
• $Cerence(CRNC.US)$ : RBC Capital Upgrades to Sector Perform from Underperform - PT $27 (from $28)
• $First Mid Bancshares(FMBH.US)$ : Raymond James Upgrades to Outperform from Market Perform - PT $45
• $Lamar Advertising Co(LAMR.US)$ : Citigroup Up...

Hey mooers
Merry Christmas! Wishing you and your family a wonderful Christmas and a blessed New Year!
For this week's sectors fund flow board, I include S&P 500 sectors year-to-today's performance. Let's check out how sector performed in 2021!
From this chart, you will be able to find out what sector ETFs have most fund inflow. Fund inflow is often considered as a bullish sign of the sector and related ETFs!
^Weekly Sectors Fund Flow Board: a sector ranking based on sector ETFs aggregate 3-month fund flows.
^3-month fund flows: a metric that can be used to gauge the perceived popularity amongst investors of different sectors.
The latest sector updates:
*Tech
Technology stocks were finishing near their intra-day highs, with the $The Technology Select Sector SPDR® Fund(XLK.US)$ Thursday rising 0.6% while the $PHLX Semiconductor Index(.SOX.US)$ was advancing 1.0% this afternoon.
In company news, $Mercury Systems(MRCY.US)$ jumped out to a 10% gain shortly before Thursday's closing bell following reports activist investors Jana Partners plan to discuss possible options to improve shareholder value, including a potential sale of the defense electronics contractor.
$Cerence(CRNC.US)$ rose 9.3% after the edge software components company Thursday announced its "largest contract" ever, with a $149 million deal to provide a European automaker with its connected, conversational artificial intelligence-powered automotive assistant products.
$Apple(AAPL.US)$ was 0.4% higher, overcoming early weakness that followed reports the tech giant has temporarily closed eight of its retail stores in the US and Canada amid rising cases of COVID-19.
*FIN
Financial stocks continued to pad their pre-holiday gains, with the $Financial Select Sector SPDR Fund(XLF.US)$ rose 0.5% this Thursday.
$Marathon Digital(MARA.US)$ rose almost 11.7% after Thursday announcing plans to buy a "record number" of additional Antminer S19 XP bitcoin mining devices.
*Consumer
Consumer stocks extended their Thursday advance, with the $Consumer Staples Select Sector SPDR Fund(XLP.US)$ climbed 0.2% while the $Consumer Discretionary Select Sector SPDR Fund(XLY.US)$ rose 1.4% this Thursday afternoon.
$Scientific Games(SGMS.US)$ climbed 9% after withdrawing its bid to acquire the 19% equity interest in mobile games company $SciPlay(SCPL.US)$ it didn't already own after the two sides were unable to finalize a deal.
$Nikola(NKLA.US)$ gained 18% after the electric truck-maker tweeted late Wednesday its "first customer delivery (was) done" with "more to come."
Source: ETF Database, Standard & Poor's, MT Newswires

I've been watching them for a bit, and I felt like they were a bit oversold on news today. Obviously they bounced nicely and were on the way up slowly before the rest of the market bounced. $Cerence(CRNC.US)$ $Everbridge(EVBG.US)$ $NUVEI(NVEI.US)$
Price to 2023 earnings is around 20 at this level and theyve got a pretty solid market presence. Question for them is can they expand outside the auto industry?