Core Viewpoint - A class action securities lawsuit has been filed against SoundHound AI, Inc. alleging securities fraud that affected investors between May 10, 2024, and March 3, 2025 [1][2]. Group 1: Lawsuit Details - The complaint claims that SoundHound AI, Inc. made false statements regarding its internal controls over financial reporting, which impaired its ability to account for corporate acquisitions [2]. - It is alleged that the company overstated its remediation efforts concerning material weaknesses in its internal controls [2]. - The lawsuit indicates that SoundHound's reported goodwill following the Amelia Acquisition was inflated and would require correction [2]. - The company is expected to incur additional time and costs to account for the SYNQ3 and Amelia Acquisitions due to these weaknesses [2]. - The allegations suggest an increased risk of the company failing to file certain financial reports with the SEC in a timely manner [2]. - Overall, the public statements made by SoundHound were claimed to be materially false and misleading during the relevant period [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until May 27, 2025, to request appointment as lead plaintiff in the lawsuit [3]. - Participation in the lawsuit does not require serving as a lead plaintiff, and there are no out-of-pocket costs for class members [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4].

Core Viewpoint - A class action securities lawsuit has been filed against SoundHound AI, Inc. for alleged securities fraud affecting investors between May 10, 2024, and March 3, 2025 [1][2] Group 1: Allegations - The lawsuit claims that SoundHound AI, Inc. made false statements regarding material weaknesses in its internal controls over financial reporting, which impaired its ability to account for corporate acquisitions [2] - It is alleged that the company overstated its remediation efforts concerning these material weaknesses, leading to inflated reported goodwill following the Amelia Acquisition [2] - The lawsuit indicates that SoundHound AI, Inc. may require additional time and resources to account for the SYNQ3 and Amelia Acquisitions, increasing the risk of delayed financial report filings with the SEC [2] Group 2: Investor Information - Investors who suffered losses during the specified timeframe have until May 27, 2025, to request appointment as lead plaintiff, although participation does not require this role [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees, with no obligation to participate [3] Group 3: Legal Representation - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4] - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4]

Core Viewpoint - Nvidia's stock has declined by 30% in 2023, leading analysts to reduce growth forecasts as its valuation decreases, now trading at 18.4 times sales, the lowest since 2023 [1] Group 1: Nvidia - Nvidia's shares are down 30% year-to-date, prompting analysts to lower growth expectations [1] - The company's current trading multiple is 18.4 times sales, marking its cheapest valuation since 2023 [1] - Nvidia's revenue growth rate is expected to be nearly double that of Palantir's for the current year, with shares trading at 33.7 times trailing earnings and 22.4 times forward earnings, which are significantly lower than Palantir's valuations [11] Group 2: SoundHound AI - SoundHound AI has a market cap of $3.3 billion and focuses on AI applications related to audible speech, with significant growth potential in the AI voice generator market, projected to grow from $3.2 billion in 2023 to $40 billion by 2032 [4] - The company's revenue reached a record $34.5 million last quarter, reflecting a 101% year-over-year increase, and it trades at 32.5 times sales [5] - Despite its growth potential, SoundHound faces competition from larger tech companies with substantial R&D budgets, which may limit its ability to compete effectively [6] Group 3: Palantir Technologies - Palantir has a market cap of approximately $210 billion and is not a pure-play AI business, but its future growth is expected to be driven by AI investments [8] - The stock recently surged following NATO's adoption of its AI-driven military system, indicating strong confidence in its offerings [9] - Palantir's stock trades at 80.5 times sales, which is considered expensive, even with expected sales growth of around 30% annually for 2025 and 2026 [11]

Core Viewpoint - The Gross Law Firm is notifying shareholders of SoundHound AI, Inc. regarding a class action lawsuit due to alleged misleading statements and material weaknesses in financial reporting during a specified class period [1][2]. Group 1: Allegations - The complaint alleges that SoundHound's internal controls over financial reporting had material weaknesses that impaired its ability to account for corporate acquisitions [2] - It is claimed that the company overstated its remediation efforts regarding these weaknesses, leading to inflated reported goodwill following the Amelia Acquisition [2] - The allegations suggest that SoundHound may require additional time and resources to account for the SYNQ3 and Amelia Acquisitions, increasing the risk of delayed financial report filings with the SEC [2] Group 2: Class Action Details - The class period for the lawsuit is defined as May 10, 2024, to March 3, 2025, with a deadline for shareholders to register by May 27, 2025 [2][3] - Shareholders who register will be enrolled in a portfolio monitoring system to receive updates on the case [3] - There is no cost or obligation for shareholders to participate in the case [3] Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [4] - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements [4]

SO WHAT: If you purchased SoundHound securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the SoundHound class action, go to https://rosenlegal.com/submit-form/? case_id=36267 or call Phillip Kim, Esq. at 866-767-3653 or email case@rosenlegal.com for more information. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court ...

NEW YORK, April 23, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of SoundHound AI, Inc. (NASDAQ: SOUN). Shareholders who purchased shares of SOUN during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/soundhound-ai-inc-loss-submission-form/?id=144437&from=3 CLASS PERIOD: May 10 ...

As artificial intelligence (AI) continues to reshape industries, investors are increasingly turning to niche AI players that offer promising upside. Two such names—SoundHound AI (SOUN) and BigBear.ai (BBAI) —stand out for their unique positioning within the AI ecosystem. While they differ in size, each offers a pure-play focus on AI: SoundHound specializes in voice and conversational AI, while BigBear.ai provides data-driven “decision intelligence” solutions for enterprises and government. SoundHound’s mete ...

Predicting that a stock will double in a certain time frame is a bold call, but predicting it will happen within two-and-a-half years is an even bolder take. However, I think that SoundHound AI (SOUN 8.60%) stock has the potential to do that if certain conditions are met.This rocket-growth AI stock is expected to put up unbelievable growth this year, and if it continues that trend, the valuation could certainly double by 2027.SoundHound AI is seeing a ton of growthSoundHound AI gives its clients a new way t ...

Core Viewpoint - SoundHound AI's share price increased nearly 9% following a deal with Tencent, outperforming the S&P 500 index which gained 2.4% at the same time [1]. Group 1: Partnership Details - SoundHound AI has entered into a partnership with Tencent's Intelligent Mobility division to provide AI voice technology for in-car driving assistance systems [2]. - The collaboration aims to deliver dynamic, localized user experiences for automotive players, enabling seamless handsfree access to various in-vehicle applications [3]. Group 2: Financial Implications - The press release regarding the deal did not disclose any financial details, making it difficult to assess the potential impact on SoundHound AI's fundamentals [4]. - Despite the lack of financial specifics, the partnership with a major tech company like Tencent is expected to enhance SoundHound AI's business prospects and visibility if the collaboration proves successful [5].

Core Insights - JR Research is recognized as a top analyst in technology, software, and internet sectors, focusing on growth and GARP strategies [1] - The investment approach emphasizes identifying attractive risk/reward opportunities with robust price action to generate alpha above the S&P 500 [1][2] - The investment group Ultimate Growth Investing specializes in high-potential opportunities across various sectors with a focus on strong growth potential and contrarian plays [3] Investment Strategy - The strategy combines sharp price action analysis with fundamentals investing, avoiding overhyped stocks while targeting battered stocks with recovery potential [2] - The investment outlook is typically 18 to 24 months for the thesis to materialize, aiming for robust fundamentals and attractive valuations [3] Target Audience - The group is designed for investors looking to capitalize on growth stocks with strong fundamentals, buying momentum, and turnaround plays [3]