SoundHound AI(SOUN)

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Nvidia Just Sold 1 of Last Year's Best-Performing Artificial Intelligence (AI) Stocks
The Motley Fool· 2025-02-20 10:25
Nvidia's (NVDA -0.12%) graphics processors (GPUs) for the data center are the gold standard when it comes to developing artificial intelligence (AI). The company has added $3 trillion to its market capitalization over the last couple of years on the back of surging demand for those chips.Nvidia started spreading some of that wealth by investing in smaller AI stocks at the end of 2023. One of them is a leading developer of conversational AI software called SoundHound AI (SOUN -3.23%), and during 2024, its st ...
SoundHound AI Stock Selloff Explained - Buy More SOUN Shares?
ZACKS· 2025-02-18 21:06
Courtesy of the artificial intelligence (AI) boom, SoundHound AI, Inc. (SOUN) stock has soared over 380% in the past year. However, its upward journey abruptly stopped, leaving investors concerned about SoundHound AI’s prospects. Are investors panicking needlessly, or is the stock a risky but potentially rewarding investment? Let’s explore – NVIDIA Dumps SoundHound AI, More Challenges AheadSoundHound AI stock slumped 28.1% on Friday after NVIDIA Corporation’s (NVDA) latest 13-F form revealed no stake in SOU ...
SoundHound AI sinks 28% in a day—Here's what triggered the drop
Finbold· 2025-02-18 13:43
Core Viewpoint - SoundHound AI experienced a significant decline in stock price following Nvidia's complete divestment from the company, raising concerns about its future growth trajectory and investor sentiment [1][3]. Group 1: Stock Performance and Market Reaction - On February 14, 2025, SoundHound AI's stock fell by 28.1%, closing at $10.97 after Nvidia announced it had fully exited its stake in the company [1]. - Nvidia's previous stake of 1.71 million shares was valued at approximately $33.57 million at the end of 2024, based on a closing price of $19.43 on December 31 [3]. - The divestment from SoundHound AI, although small relative to Nvidia's $3.36 trillion market cap, sent a negative signal to the market, exacerbating concerns about SoundHound AI's growth [3]. Group 2: Nvidia's Investment Strategy - Nvidia's exit from SoundHound AI was part of a broader portfolio reshuffle, which included a 43.83% reduction in its stake in Arm Holdings and sales of shares in Serve Robotics and Nano X Imaging [4]. - New investments were made by Nvidia in WeRide Inc., a self-driving technology company, and Nebius Group N.V., an AI cloud computing firm [4]. Group 3: Future Outlook for SoundHound AI - Despite the stock decline, SoundHound AI trades at 26.8 times its projected sales for the year, indicating vulnerability to further market volatility [5]. - The company has demonstrated strong revenue growth and maintains a presence in the expanding voice AI market, particularly in healthcare, automotive, and smart devices [6]. - Analysts, including Wedbush's Daniel Ives, remain optimistic about SoundHound AI's long-term potential in the AI sector, labeling it a 'long-term winner in the AI revolution' [6].
Is SoundHound AI Stock Your Ticket to Becoming a Millionaire?
The Motley Fool· 2025-02-17 12:45
SoundHound AI (SOUN -28.10%) has become one of the hottest stocks on Wall Street, rising around 170% since the start of November 2024. However, it's well off the peaks of its huge run, as it was up nearly 400% at the end of December.With SoundHound shares down more than 40% from their all-time high, many investors may wonder whether this stock could be primed for another huge run. Some may even consider this stock a ticket to becoming a millionaire.So, does this stock have the capability to do it? After all ...
Prediction: 2 Stocks That Will Be Worth More Than SoundHound AI a Year From Now
The Motley Fool· 2025-02-16 17:30
SoundHound AI (NASDAQ: SOUN) has been one of the big winners in the AI boom so far.Shares of the voice-activated AI specialist jumped by more than 800% last year, though it has cooled off a bit since. Investors have bet on the fast-growing company, which got its start as a music identification app like Shazam and now provides technology for automakers, restaurants, and other businesses to run voice-activated systems.SoundHound has been growing fast as well, with revenue up 89% in the third quarter to $25.1 ...
SoundHound AI Stock Plummets as Nvidia Walks Away
Schaeffers Investment Research· 2025-02-14 15:14
SoundHound AI Inc (NASDAQ:SOUN) stock is plummeting today, after a regulatory filing showed Nvidia (NVDA) dissolved its stake in the artificial intelligence (AI) voice command platform. SOUN was last seen 23.1% lower at $11.72.Amid today's sharp drop, options traders are piling in. So far, over 111,000 calls and 87,000 puts have traded hands -- five times the usual intraday volume. The most popular contracts are the weekly 2/14 10-strike put and the July 11 call, with positions being opened at both.Bearish ...
2 Monster Stocks That Could Set You Up for Life
The Motley Fool· 2025-02-11 13:00
The stock market has a long history of creating wealth for investors. Companies that have a record of strong growth with expanding market potential for their products are the ones that can generate lasting wealth for shareholders.Here are two companies doing exciting things that could produce wealth-building returns.1. TeslaTesla (TSLA -3.01%) stock delivered incredible returns over the last 12 years. A $1,000 investment when the company was just launching the first in its lineup of Model S, 3, X, and Y veh ...
SoundHound AI, Inc. (SOUN) Stock Slides as Market Rises: Facts to Know Before You Trade
ZACKS· 2025-02-10 23:46
In the latest trading session, SoundHound AI, Inc. (SOUN) closed at $15.33, marking a -1.73% move from the previous day. The stock's performance was behind the S&P 500's daily gain of 0.67%. At the same time, the Dow added 0.38%, and the tech-heavy Nasdaq gained 0.98%.Shares of the company have appreciated by 10.72% over the course of the past month, outperforming the Computer and Technology sector's loss of 0.79% and the S&P 500's gain of 2.07%.Investors will be eagerly watching for the performance of Soun ...
Stock-Split Watch: Is SoundHound Next?
The Motley Fool· 2025-02-09 17:10
Last year was a big one for stock splits. Major companies from Walmart to Chipotle Mexican Grill launched such operations, and players in the market's hottest growth industry -- artificial intelligence (AI) -- got in on the movement too. Leading chipmaker Nvidia, networking giant Broadcom, and equipment maker Super Micro Computer each announced and completed stock splits last year after their prices soared.And after each new stock split, investors' biggest question was: "Which market giant will be next to j ...
1 Unstoppable AI Stock That's Not Affected By DeepSeek's Breakthrough.
The Motley Fool· 2025-02-07 12:15
Many investors are worried about DeepSeek's latest breakthrough. Its Chinese developers claim to have trained a generative AI model that's on a par with many of the U.S. versions for under $6 million. This has caused many AI-related stocks to sell off, although some have remained strong.One stock that's still well off its all-time highs (although for reasons unassociated with DeepSeek) is SoundHound AI (SOUN -0.19%). It's down over 40% from its highest point, which could lead investors to believe that this ...