SoundHound AI(SOUN)
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Could SoundHound AI Stock Help You Become a Millionaire?
The Motley Fool· 2024-10-15 09:30
This growing company hopes to capture a $140 billion addressable market. The race is on for companies to entrench themselves as leaders in artificial intelligence (AI), arguably the most significant technological leap since the internet's early years in the 1990s. This goes far beyond the screen you're reading this on. SoundHound AI (SOUN 5.70%) is changing how we speak to technology and how it talks back. This company, not even worth $2 billion today, wants to dominate a market it estimates is worth $140 b ...
SoundHound AI Up 131.6% Year to Date: What Should Investors Do Now?
ZACKS· 2024-10-14 16:06
SoundHound AI (SOUN) shares have appreciated 131.6% year to date (YTD), outperforming the Zacks Computer & Technology sector's return of 25.5%. SOUN shares have also outperformed the Zacks Computers – IT Services industry and peers like ServiceNow (NOW) , Infosys (INFY) and CyberArk (CYBR) over the same timeframe. NOW, INFY and CYBR shares have gained 32.9%, 24.8% and 34.8%, respectively. SoundHound AI has been benefiting from a strong portfolio, a solid partner base and an expanding clientele. SOUN offers ...
Thinking of Buying SoundHound AI Stock? Here Are 3 Charts You Should Look at First
The Motley Fool· 2024-10-12 20:18
SoundHound AI has a lot of growth potential, but the stock also comes with a lot of risk. Shares of artificial intelligence (AI) company SoundHound AI (SOUN 1.45%) are down 8% in the past six months as excitement has cooled around the stock. Although the voice AI company is growing at a fairly quick rate, its losses are also rising. The stock has more than doubled in value this year. However, with a market cap of just $1.7 billion, there could still be a lot of upside for investors if its business continues ...
Every SoundHound AI Investor Should Keep an Eye on This Number
The Motley Fool· 2024-10-11 11:07
Curious about SoundHound AI's long-term growth potential? Find out which metric you should track. Artificial intelligence (AI) expert SoundHound AI (SOUN 4.54%) has about two decades of operating history and technology development under its belt. At the same time, it's a young company on the stock market. SoundHound AI entered the public stock market by merging with a special purpose acquisition company (SPAC) in the spring of 2022. Ten earnings reports later, the maker of AI-powered voice control systems b ...
Nvidia Bet Millions on This AI Stock. It's Up 165%.
The Motley Fool· 2024-10-10 11:45
Nvidia is a big fan of this high-growth AI company. Earlier this year, Nvidia (NVDA -0.18%) revealed that it invested capital in several promising artificial intelligence (AI) companies. Management clearly believed the investments would pay off, but it also positioned the company as a direct enabler of its end markets. After all, Nvidia isn't an AI company itself. Rather, it supplies the AI industry with critical components like graphics processing units, or GPUs. By investing in the overall growth of AI, N ...
SoundHound AI, Inc. (SOUN) Stock Declines While Market Improves: Some Information for Investors
ZACKS· 2024-10-09 22:51
In the latest trading session, SoundHound AI, Inc. (SOUN) closed at $4.63, marking a -1.07% move from the previous day. The stock's change was less than the S&P 500's daily gain of 0.71%. Meanwhile, the Dow gained 1.03%, and the Nasdaq, a tech-heavy index, added 0.6%. Shares of the company witnessed a gain of 1.74% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 9.96% and the S&P 500's gain of 6.41%. The investment community will be closely monitoring ...
This Artificial Intelligence (AI) Stock Has Exploded in 2024. Is It Still Time to Buy?
The Motley Fool· 2024-10-06 14:37
When tech titans take notice, the market listens. Find out how a modest investment boosted this AI expert's long-term growth prospects. Shares of SoundHound AI (SOUN) had soared this year. The artificial intelligence (AI) expert, specializing in AI-powered voice controls, has scored a 122% gain year to date. Is there any room left for further growth, or did SoundHound AI already peak? Let's find out. Understanding SoundHound AI's recent stock performance This isn't even the top of SoundHound AI's stock char ...
This Artificial Intelligence (AI) Stock Could Be the Biggest Gainer of 2024 (Hint: It's Not Nvidia)
The Motley Fool· 2024-10-06 09:35
This AI stock serves many industries with its exciting technology. Nvidia (NVDA 1.69%) has clearly been one of the market's top performers in recent years. The chip designer has soared 2,600% over the past five years, and this year, the stock is heading for a 148% gain. The reason for such momentum? Nvidia not only dominates the artificial intelligence (AI) chip market, holding 80% share, but has also built an AI empire. The company offers a wide range of products and services -- from enterprise software to ...
Is SoundHound a Millionaire-Maker Stock?
The Motley Fool· 2024-10-05 08:35
Here's why the stock could have a lot of upside in the years ahead. Artificial intelligence (AI) is still in its early days, but it has the chance to become a game-changing technology, much in the same way as the internet and smartphones. Those technologies produced a number of winning companies and helped create many millionaires along the way. Let's look at one company that has the potential to be a millionaire maker in the future: SoundHound AI (SOUN). A leader in voice AI SoundHound has developed a voic ...
SoundHound AI, Inc. (SOUN) Suffers a Larger Drop Than the General Market: Key Insights
ZACKS· 2024-10-03 22:51
The most recent trading session ended with SoundHound AI, Inc. (SOUN) standing at $4.69, reflecting a -0.85% shift from the previouse trading day's closing. This change lagged the S&P 500's daily loss of 0.17%. Elsewhere, the Dow saw a downswing of 0.44%, while the tech-heavy Nasdaq depreciated by 0.04%. Shares of the company have appreciated by 5.35% over the course of the past month, outperforming the Computer and Technology sector's gain of 1.41% and the S&P 500's gain of 1.25%. Analysts and investors al ...