Nvidia (NVDA -1.97%) was a $360 billion company at the start of 2023, but just two years later, its worth has accelerated to a whopping $3.3 trillion. The main driver behind the company's incredible growth is Nvidia's graphics processors (GPUs) for data centers, which are the best in the world for developing artificial intelligence (AI) models.AI has been a big driver of its growth and Nvidia is looking for ways to ensure AI keeps fueling its growth going forward. To help with that, over the past year or so ...

SoundHound AI (SOUN -8.91%) stock was one of the market's biggest winners in 2024. The company's share price skyrocketed 835.8% across last year's trading, according to data from S&P Global Market Intelligence. SoundHound AI is an early leader in the conversational artificial intelligence (AI) space, and its share price saw massive growth last year in conjunction with rising demand for voice-based software interfaces and other positive catalysts. The stock got a big boost early in 2024's trading after it wa ...

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SoundHound AI (SOUN -7.82%) stock is seeing a significant pullback in Friday's trading. The company's share price was down 7.3% as of 11 a.m. ET amid a 1.4% decline for the S&P 500 index and a 1.7% pullback for the Nasdaq Composite index.SoundHound AI stock is getting hit hard today following the latest U.S. jobs report. While the report showed that more jobs were added last month than broadly expected, this is actually a bearish development because it makes it less likely that the Federal Reserve will cut ...

SoundHound AI (SOUN -16.44%) stock is seeing dramatic sell-offs in this week's trading. The company's share price is down 27.2% from last Friday's market close, according to data from S&P Global Market Intelligence.The U.S. stock market is closed today in remembrance of President Jimmy Carter, but SoundHound AI stock has seen a big valuation pullback across this week's first three days of trading. The conversational artificial intelligence (AI) specialist's share price has suffered a big pullback in conjunc ...

Has the artificial intelligence bubble burst for this upstart?SoundHound AI (SOUN -16.44%) has been one of the hottest stocks on the market over the past three months, but shares are dropping this week. Is the thesis broken, or is this a buying opportunity? Travis Hoium looks into the business and its moat in this video.*Stock prices used were end-of-day prices of Jan. 8, 2025. The video was published on Jan. 8, 2025. ...

Core Viewpoint - SoundHound AI's stock is experiencing significant sell-offs due to broader market bearish pressures and rising competitive threats in the conversational AI space [1][2][4]. Market Reaction - The company's share price fell by 14.4% at 11:15 a.m. ET, with a peak decline of 17% during the trading day, while the S&P 500 and Nasdaq Composite indices saw minor declines of 0.1% and 0.3%, respectively [1][2]. Economic Factors - Investors are concerned about potential economic risks stemming from President-elect Trump's proposed tariff policies, which could impact market sentiment and valuations [2][3][4]. Competitive Landscape - SoundHound AI has historically held a leading position in the conversational AI market, with its stock price increasing by 659% over the past year despite recent declines [5][8]. - The company is facing increasing competition from major tech players like Nvidia, which are launching new agentic AI technologies that could encroach on SoundHound AI's market share [6][7]. Valuation and Growth - Despite strong sales growth and excitement around its technologies, SoundHound AI's valuation stands at approximately $5.7 billion, indicating it remains a relatively small player in the tech industry [8].

SoundHound AI (SOUN) shares have skyrocketed 755.9% in the trailing 12 months, outperforming the Zacks Computer and Technology sector’s appreciation of 35.4% and the Zacks Computers – IT Services industry’s return of 15.9%.SOUN has been benefiting from an innovative portfolio, a rich partner base and a growing clientele. It recently unveiled the first-ever in-vehicle voice commerce platform at CES 2025. The cutting-edge system enables drivers and passengers to order takeout directly from the car’s infotainm ...

SoundHound AI (SOUN -10.69%) stock posted a month of explosive gains across December's trading. The conversational artificial intelligence (AI) company's share price closed out last month up 113.1%, according to data from S&P Global Market Intelligence. SoundHound AI closed out 2024 with some of the stock market's most impressive gains, posting a share increase of 836% across the stretch. The company finished the year with another month of growth thanks to new contract wins and bullish coverage from analyst ...

After a stock rises 800% in one year, most investors are skeptical that it can have another great year. I don't blame anyone for having this mindset, as it's difficult for a stock to continue rising at that pace for a sustainable time frame.However, some of the tailwinds supporting SoundHound AI's (SOUN -9.63%) stock are undeniable, potentially making SoundHound an outlier. Even though it has risen more than 800% in the last year, some investors think that SoundHound is poised for more upside and will make ...