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Top 2 AI Growth Stocks to Buy After Nvidia's Latest Sell-Off
The Motley Fool· 2026-03-21 06:05
Core Viewpoint - Nvidia shares have produced 0% profits over the past seven months and are down more than 10% since last October, indicating a shift in investor expectations for AI stocks [1] Group 1: SoundHound AI - SoundHound AI shares have decreased by over 60% since last October, largely due to a market-wide correction in AI stocks [2][3] - The company operates in the AI sound technology sector, with applications in drive-thru kiosks, in-car entertainment, and healthcare support, holding over 200 AI patents [4] - SoundHound claims its total addressable market exceeds $140 billion, but other estimates suggest it could be around $50 billion by 2034; with a current market cap of $2.8 billion, it presents a more attractive option for growth investors [5] Group 2: Rivian - Rivian is primarily viewed as an industrial stock but is also emerging as an AI stock, with expectations for significant growth as it begins deliveries of its R2 SUV priced under $50,000 [6][7] - The company is investing heavily in AI to develop full self-driving capabilities, which is seen as crucial for future automotive success [8][9] - Rivian's AI strategy includes enhancing design and production processes, improving in-car AI assistants, and developing proprietary AI chips, although its shares currently trade at a lower valuation compared to Tesla [10][11]
CFOs On the Move: Week ending March 20
Yahoo Finance· 2026-03-20 09:20
This story was originally published on CFO.com. To receive daily news and insights, subscribe to our free daily CFO.com newsletter. Jim Peters | Brown-Forman Jim Peters was named chief financial officer of Brown-Forman, the spirits and wine maker of Jack Daniel's and Woodford Reserve. Peters will join the company on March 31 from Whirlpool, where he has been executive vice president of enterprise transformation since January. Peters joined Whirlpool in 2004, and before taking his current role, he held the ...
Why SoundHound AI Stock Took it on the Chin Today
Yahoo Finance· 2026-03-19 23:38
Audio-focused artificial intelligence (AI) model developer SoundHound AI (NASDAQ: SOUN) wasn't producing a good sensation in investor ears on Thursday. News of a major change in the company's C-Suite prompted them to sell the stock, and it ended the day down nearly 7%. Heading toward the out door Just after market close on Wednesday, SoundHound AI announced that CFO Nitesh Sharan is stepping down from his position and leaving the company. The move, effective Friday, April 3, is due to Sharan taking up wh ...
Should You Buy the SoundHound Stock Dip as CFO Exits?
Yahoo Finance· 2026-03-19 20:06
SoundHound AI (SOUN) stock is inching lower on Thursday after Nitesh Sharan, the company’s chief of finance, announced his plans to step down on April 3. In its press release, the company confirmed that co-founder James Hom will take over as interim CFO as Sharan exits to join a quantum computing firm in a similar capacity. Versus its year-to-date high, SoundHound stock is now down roughly 40%, but a D.A. Davidson analyst believes it will recover sharply as the year unfolds. More News from Barchart www ...
Analyst says SoundHound stock can double as CFO announces departure
Invezz· 2026-03-19 18:05
Core Viewpoint - SoundHound AI's CFO Nitesh Sharan announced his resignation to join a quantum computing company, leading to a negative market reaction as the stock opened lower on Thursday [1] Company Summary - CFO Nitesh Sharan will step down on April 3rd to pursue a new opportunity in the quantum computing sector [1]
SoundHound AI Sinks 6%: What NVIDIA's Voice AI Bet Says About the Broader Market
247Wallst· 2026-03-19 15:50
SoundHound AI Sinks 6%: What NVIDIA's Voice AI Bet Says About the Broader Market - 24/7 Wall St. S&P 5006,587.20 -0.52% Dow Jones45,842.00 -0.63% Nasdaq 10024,242.40 -0.75% Russell 20002,466.98 -0.23% FTSE 10010,067.20 -1.57% Nikkei 22552,528.00 -1.98% Stock Market Live March 19, 2026: S&P 500 (SPY) Slips on Gushing Oil Prices Investing SoundHound AI Sinks 6%: What NVIDIA's Voice AI Bet Says About the Broader Market This post may contain links from our sponsors and affiliates, and Flywheel Publishing may re ...
SoundHound AI: Moats Are Resonating, But The Premium Is Deafening (Downgrade) (SOUN)
Seeking Alpha· 2026-03-19 13:09
This would mark the third time I’m covering SoundHound AI, Inc. ( SOUN ), one of those companies trying to make talking to machines feel natural, like talking to a person instead of pressingI focus on producing objective, data-driven research, mostly about small- to mid-cap companies, as these tend to be overlooked by many investors. From time to time, though, I also look at large-cap names, just to give a fuller sense of the broader equity markets.Analyst’s Disclosure: I/we have no stock, option or similar ...
Peet’s Coffee Partners with SoundHound AI to Power In-Store Employee Support Across Its Nationwide U.S. Retail Footprint
Globenewswire· 2026-03-19 13:04
Core Insights - SoundHound AI partners with Peet's Coffee to implement the Employee Assist voice AI technology, enhancing employee support and customer experience in retail settings [3][4][5] Company Overview - SoundHound AI, Inc. is a leader in voice and conversational AI, providing solutions that improve customer experiences across various industries, including retail and restaurants [8] - Peet's Coffee, founded in 1966, is known for its high-quality coffee and has over 465 locations in the U.S., China, and the Middle East [9] Technology Implementation - The Employee Assist agent, branded as "BaristAI," is now live across Peet's U.S. retail footprint, providing employees with hands-free access to critical information [4][5] - The technology supports various inquiries, including beverage recipes, nutritional information, operational help, and troubleshooting [6] Benefits of the Partnership - The implementation of voice AI technology is expected to reduce training time for new hires and improve operational efficiency by providing instant support [5][7] - Empowering employees with real-time knowledge is anticipated to enhance the overall customer experience [7]
Peet's Coffee Partners with SoundHound AI to Power In-Store Employee Support Across Its Nationwide U.S. Retail Footprint
Globenewswire· 2026-03-19 13:04
Core Insights - SoundHound AI partners with Peet's Coffee to implement a voice AI-powered agent called Employee Assist, aimed at enhancing employee support and customer experience in retail settings [2][5] Group 1: Partnership Overview - The collaboration will deploy SoundHound's Employee Assist across all Peet's coffee bars in the U.S., branded internally as "BaristAI," providing employees with hands-free access to critical information [3][4] - The technology is designed to improve operational efficiency and employee empowerment, allowing staff to access instant answers without interrupting colleagues or consulting manuals [4][5] Group 2: Technology Features - The voice AI agent can be accessed via headset microphones or digital tablets, providing support for various inquiries, including beverage recipes, nutrition information, operational help, and troubleshooting [4][6] - This technology aims to reduce training time for new hires and serves as an on-the-job training aid, enhancing the overall employee experience [4][5] Group 3: Company Background - SoundHound AI is recognized as a leader in voice and conversational AI, delivering solutions that enhance customer experiences across multiple industries, including retail and restaurants [8] - Peet's Coffee, founded in 1966, is known for its commitment to quality and has over 465 locations in the U.S., China, and the Middle East, influencing the artisan coffee movement [9]
SoundHound AI Announces CFO Transition
Globenewswire· 2026-03-18 20:05
Core Insights - SoundHound AI, a leader in voice and conversational AI, announced the departure of CFO Nitesh Sharan, who will leave on April 3, 2026, to take a role in the quantum computing sector [1] - Co-founder James Hom will step in as interim CFO while the company searches for a permanent replacement [1] - Sharan will assist in the transition as an advisor, and his tenure saw an eight-fold increase in revenue, contributing to a strong financial foundation for the company [2] Company Overview - SoundHound AI specializes in voice and conversational AI solutions, enhancing customer experiences across various industries including retail, financial services, healthcare, automotive, smart devices, and restaurants [3] - The company’s technology supports millions of products and services, processing billions of interactions annually, with notable products like Smart Answering, Smart Ordering, and the Amelia Platform [3]