SoundHound AI(SOUN)
Search documents
1 Millionaire-Maker Technology Stock
The Motley Fool· 2024-10-02 11:37
Looking for the next big thing in tech stocks? Check out this under-the-radar company with massive growth potential. A few tech stocks have made plenty of millionaires. If you invested just $1,000 in Apple (AAPL -2.91%) stock 40 years ago, you'd have a total return of $2.7 million today. Placing the same $1,000 on the Microsoft (MSFT -2.23%) IPO two years later would have yielded a $7.1 million return. Those are life-changing returns. These millionaire-maker stocks have a few things in common. Apple and Mic ...
Brokers Suggest Investing in SoundHound AI (SOUN): Read This Before Placing a Bet
ZACKS· 2024-09-30 14:35
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Let's take a look at what these Wall Street heavyweights have to say about SoundHound AI, Inc. (SOUN) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. SoundHound AI currently has an ...
SoundHound AI, Inc. (SOUN) Laps the Stock Market: Here's Why
ZACKS· 2024-09-26 22:50
SoundHound AI, Inc. (SOUN) closed the latest trading day at $4.91, indicating a +0.41% change from the previous session's end. This change outpaced the S&P 500's 0.4% gain on the day. Elsewhere, the Dow saw an upswing of 0.62%, while the tech-heavy Nasdaq appreciated by 0.6%. Shares of the company have appreciated by 0.82% over the course of the past month, underperforming the Computer and Technology sector's gain of 0.91% and the S&P 500's gain of 1.71%. Analysts and investors alike will be keeping a close ...
Forget Nvidia: Here Is My Top Artificial Intelligence (AI) Stock to Buy Instead
The Motley Fool· 2024-09-24 09:30
Nvidia may seem like the de facto choice for AI investors these days, but it's not the only option. Few stocks are associated with artificial intelligence (AI) the way Nvidia is. The company has a dominant market share with the GPUs that power the AI industry. And if the AI market takes off as much as expected over the long term, it's hard not to see Nvidia as a major winner. But there's a problem: Nvidia's market cap is already approaching $3 trillion. There may be plenty of growth ahead, but the company i ...
Prediction: The Fed's Rate Cut Could Actually Hurt This Artificial Intelligence (AI) Stock
The Motley Fool· 2024-09-21 14:20
Raising capital theoretically just got easier. That's not always a good thing. In theory, companies that are looking to raise money just got a big boost. That's because the Federal Reserve just lowered the federal funds rate by 50 basis points. The interest rates of debt, as well as the cost of equity, should be more affordable for nearly every business. Markets in general are looking at this as a good thing. But there's one artificial intelligence (AI) stock that might actually be weaker following the rate ...
Here's Why SoundHound AI, Inc. (SOUN) Fell More Than Broader Market
ZACKS· 2024-09-20 22:50
SoundHound AI, Inc. (SOUN) closed the most recent trading day at $4.97, moving -0.8% from the previous trading session. This change lagged the S&P 500's 0.19% loss on the day. Meanwhile, the Dow experienced a rise of 0.09%, and the technology-dominated Nasdaq saw a decrease of 0.36%. The company's shares have seen an increase of 1.62% over the last month, surpassing the Computer and Technology sector's loss of 0.09% and falling behind the S&P 500's gain of 2.06%. Analysts and investors alike will be keeping ...
Forget Nvidia: 1 Artificial Intelligence (AI) Stock to Buy Instead
The Motley Fool· 2024-09-20 11:15
Like Nvidia? Then you'll love this under-the-radar AI stock. I love Nvidia stock. Who wouldn't? Over the past year, shares have risen in value by more than 160%. Most of this rise can be attributed to rapid growth in demand for AI components. As the industry leader in graphics processing units (GPUs) -- a critical component for most AI infrastructures -- the company has seen demand skyrocket in recent years. But Nvidia isn't the only company benefiting from the rise of AI. There's one significantly smaller ...
Where Will SoundHound AI Stock Be in 3 Years?
The Motley Fool· 2024-09-18 08:55
The voice AI solutions provider is gaining traction in a market that's expected to become huge in the long run. SoundHound AI (SOUN 0.84%) stock is on a roller-coaster ride so far in 2024, rising tremendously in the first three months to hit a 52-week high in mid-March, but has since lost 45% of its value. SoundHound specializes in providing voice artificial intelligence (AI) solutions for companies and it has been delivering outstanding growth quarter after quarter. It has also taken steps lately to streng ...
Where Will SoundHound AI Be in 3 Years?
The Motley Fool· 2024-09-17 10:42
This conversational AI company is making some smart moves. Shares of SoundHound AI (SOUN -1.86%) more than doubled over the past year as investors sought highgrowth companies in the artificial intelligence (AI) segment. The company's focus on building some of the best voice assistant tools for large enterprises and its acquisitions have boosted SoundHound's sales and added to the narrative that the company could continue its winning streak. But can SoundHound keep up the momentum? Here's what's going right ...
1 Top Artificial Intelligence (AI) Stock That's Not Currently Facing a DOJ or SEC Probe
The Motley Fool· 2024-09-14 14:00
Looking for an AI company that regulators don't have under their microscopes? This stock is for you. In new and exciting fields like artificial intelligence (AI), it can be difficult to separate the good from the bad. From investment advisors to the companies themselves, there has been a slew of investigations and probes so far in 2024 scrutinizing the claims and promises of various AI tech players. For example, Nvidia received a federal subpoena, Alphabet is facing antitrust litigation, and whistleblowers ...