You probably know why SoundHound AI's stock soared in the first half, but have you thought about what's next? Here's what you need to know. Shares of SoundHound AI (SOUN 15.38%) rose 86.3% in the first half of 2024, according to data from S&P Global Market Intelligence. The stock soared to a stellar 320% gain by the middle of March, inspired by a modest Nvidia investment in the voice control expert's stock. The early excitement has faded, but SoundHound AI's shares still benefit from the Nvidia connection. ...

SoundHound AI is benefiting from the growing demand for its conversational AI platform, owing to the increasing popularity of generative AI and large language models. SoundHound AI is part of the Zacks Computers - IT Services industry. ASGN Inc (ASGN) , another stock in the same industry, closed the last trading session 0.6% higher at $86.31. ASGN has returned -5.7% in the past month. For SoundHound AI, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's pr ...

Shares held most of their gains and are up 22.2% in trading as of 3 p.m. ET. The next step will be rolling out the features to 17 markets and 12 languages by the end of the month. SoundHound Chat AI's capabilities are fairly simple but could be an incremental value add for automakers. Shares of SoundHound AI (SOUN 22.20%) jumped as much as 24.2% in trading on Wednesday after the company announced a major integration with Stellantis brands. Models will be built with the SoundHound Chat AI voice assistant bui ...

Speech recognition specialist SoundHound AI (NASDAQ:SOUN) — which leverages artificial intelligence (AI) and natural language understanding to promote conversational experiences — saw its shares rise dramatically on Wednesday. A major development with automaker Stellantis (NYSE:STLA) helped invigorate sentiment in SOUN stock, which is on a remarkable run. According to SoundHound's press release, its Chat AI voice assistant (which is integrated with ChatGPT) is now online and in production under the Stellant ...

Check out why SoundHound AI's stock dropped in June, despite a complete lack of negative news. Is this AI stock a great buy today? Shares of SoundHound AI (SOUN 6.62%) fell 21.8% in June 2024, according to data from S&P Global Market Intelligence. The voice control software specialist had no bad news to share last month, but investors shrugged off a handful of positive developments to drive the stock price lower anyway. The move still makes sense from a certain point of view. In my eyes, however, the price ...

While everybody and his uncle obsesses over Nvidia (NASDAQ:NVDA), there's another artificial intelligence (AI) investment that's still under the radar. Many stock traders haven't heard of SoundHound AI (NASDAQ:SOUN) but it could become a household name someday. For now, SoundHound AI stock is below $5 but I envision it reaching $10 someday. CEO and CTO Sell SoundHound AI Stock Before you give up on SoundHound AI completely, let's put these insider selling events into perspective. Even after those sales, Moh ...

SoundHound AI is an all-or-nothing style of investment. Hitting a home run in investing can be very satisfying as the returns can be incredible. But alongside home runs come strikeouts, and when you're an all-or-nothing style of investor, strikeouts happen a lot more than home runs. Still, if the overall returns make up for the massive losses, this can be a worthy investment strategy for those with the right stamina. These days, some investors might be looking for artificial intelligence (AI) stocks with th ...

The company is benefiting directly from the rise of AI, and the year ahead should be one of progress. SoundHound AI (SOUN -1.00%) stock has been a roller coaster. Earlier this year, shares quadrupled after chipmaker Nvidia revealed a $3.7 million investment in the company. Since hitting their peak, shares have shed over half their value. The underlying reality, however, has been much less volatile. SoundHound has been signing new customers, securing additional patents, and proving its technology through a g ...

Find out why SoundHound AI might be your next top stock pick. It's hard to find undervalued stocks in the redhot AI market but this one might deserve that tempting description. Despite its negative earnings and eyebrow-raising valuation ratios, SoundHound AI stands out as a diamond in the rough. The voice-control specialist's stock is currently down by a significant margin from its previous highs, but don't let that discourage you. Here's why I see a big future for this little artificial intelligence (AI) p ...

Trading volumes are down significantly A good way to gauge the level of interest in a stock is to look at its trading volumes to see how many shares are changing hands each day. At its peak, over 300 hundred million shares of SoundHound traded in a single day. Nowadays, however, that has drastically declined, closer to where the stock was before all the Nvidia-fueled hype. SoundHound, however, is still in an early growth stage. Although its sales rose more than 70% year over year in Q1, the business is unpr ...