All-Time High Fever: 10 Stocks Soaring and Breaking Records

4. Rezolve AI PLC (NASDAQ:RZLV)

Rezolve AI jumped by 14.20 percent on Monday to close at $7.72 apiece as investor sentiment was boosted by an investment firm’s higher price target for the company.

In an updated market report, Rezolve AI PLC (NASDAQ:RZLV) earned a new price target of $9 from HC Wainwright, marking an increase from the $4 previously, while maintaining a “buy” recommendation for its stock.

The revision was boosted by optimism that Rezolve AI PLC (NASDAQ:RZLV) was on track to achieve $100 million in annual recurring revenue (ARR) by the end of the year. At present, the company’s ARR is at $70 million, with growth driven by partnerships with Google and Microsoft, alongside additional mergers and acquisitions activities.

In other news, Rezolve AI PLC (NASDAQ:RZLV) welcomed Tether’s unveiling of its own stablecoin called USAT.

“The announcement of USAT…validates exactly what we set out to do with Tether by bringing regulated, frictionless crypto payments into mainstream commerce,” said Chairman and CEO Daniel Wagner.

“By combining AI-driven discovery with next-generation payments, we believe that Rezolve is positioned to transform how consumers shop and how merchants get paid,” he added.