Why SoundHound AI Stock Was Racing Higher on Thursday
SoundHound AI(SOUN) The Motley Fool·2024-11-21 21:00
Impressive news from a high-profile business partner was a major reason for the stock price pop experienced by SoundHound AI (SOUN 7.84%) on Thursday. The artificial intelligence (AI) company was up by nearly 9% in late-session trading, a rate that was easily topping the 0.8% rise of the S&P 500 (^GSPC 0.61%).Follow the leaderThat news was the quarterly results posted after market hours Wednesday by leading graphics card processor company Nvidia, whose cutting-edge hardware products are widely used in the b ...