An impressive client list and a partnership with Nvidia may be insufficient to save this stock.After years of struggle, SoundHound AI (SOUN 3.56%) seems to have found its place in the tech industry. As the company settles on becoming a leader in voice recognition software, it has won contracts from various companies and an investment from AI chip leader Nvidia.Despite those successes, SoundHound faces ongoing losses and significant difficulties on the financial side of the business. Given the severity of th ...

SoundHound AI is scheduled to report quarterly financial results that could have huge implications for investors.Fool.com contributor Parkev Tatevosian discusses what investors should look for from SoundHound AI (SOUN 3.56%) and its quarterly earnings release.*Stock prices used were the afternoon prices of July 28, 2024. The video was published on July 30, 2024. ...

Speech recognition specialist SoundHound AI Inc. (NASDAQ: SOUN) has been a standout performer in the artificial intelligence (AI) sector, posting a six-month gain of over 164%, despite downturns in major indices like the S&P 500 and Nasdaq Composite. This impressive performance can be attributed to the company’s strategic initiatives and robust market positioning. As SoundHound prepares to report its second-quarter financial results on August 8, 2024, investors are keenly observing its growth trajectory. Te ...

Is SoundHound AI stock undervalued, overvalued, or somewhere in between? Find out in this detailed analysis of the company's robust contract backlog.Is it too late to buy SoundHound AI (SOUN 6.15%) stock today? If so, my own investment five months ago will turn out to be a terrible deal in the long run.The artificial intelligence (AI) expert providing high-quality voice control tools has seen a 25% stock price drop since then. But I'm quite convinced that time and business trends will prove me right.In fact ...

The AI stock snapped a sell-off streak and posted eye-catching gains Thursday.SoundHound AI (SOUN 6.15%) stock posted big gains in Thursday's trading. The company's share price closed out the daily session up 7.1%, according to data from S&P Global Market Intelligence.Despite the S&P 500 index falling roughly 0.5% and the Nasdaq Composite index falling 0.9% in the day's trading, many growth-dependent stocks saw significant gains Thursday. SoundHound and other artificial intelligence (AI) stocks with forward ...

SoundHound AI stock (NASDAQ:SOUN) has courted controversy since the company went public in the year 2022. SOUN has not been without some troubles, with some short sellers claiming the business has “fake revenue, fake bookings, and fake AI”. Furthermore, being one of the first companies that offered purely voice AI solutions, SoundHound is now among the leaders in this fast-growing AI market. However, the valuation and overall legitimacy of the stock has been somewhat up for debate — is SoundHound AI an unde ...

SoundHound AI, Inc. (SOUN) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this company have returned +25.1%, compared to the Zacks S&P 500 composite's +2% change. During this period, the Zacks Computers - IT Services industry, which SoundHound AI falls in, has gained 2.7%. The key question now is: What could be the stock's future dir ...

In the latest trading session, SoundHound AI, Inc. (SOUN) closed at $4.93, marking a -1.4% move from the previous day. This change lagged the S&P 500's daily loss of 0.71%. Meanwhile, the Dow experienced a drop of 0.93%, and the technology-dominated Nasdaq saw a decrease of 0.81%.The company's stock has climbed by 23.46% in the past month, exceeding the Computer and Technology sector's loss of 3.88% and the S&P 500's gain of 1.08%.Investors will be eagerly watching for the performance of SoundHound AI, Inc. ...

Over the last few trading sessions, SoundHound AI (NASDAQ:SOUN) fell by more than 12% from $6.20 a share to $5.49. For those who don't follow SoundHound AI stock, the company makes AI voice assistants that can be used on everything from the phone in your hotel room to the drive-through at a fast-food restaurant. Its technology has already been implemented at many well-known brands like White Castle, Hyundai (OTCMKTS:HYMTF), and Qualcomm (NASDAQ:QCOM). Despite its recent decline, the stock price is still up ...

SoundHound AI stock is still up 136% in 2024 despite a big pullback. What comes next?SoundHound AI (SOUN -8.93%) stock saw big sell-offs Thursday. The company's share price ended the daily session down 8.9%, according to data from S&P Global Market Intelligence.While there wasn't any business-specific news behind the big valuation pullback, SoundHound's valuation slipped in conjunction with an uptick in bearish sentiment that rocked the broader market and hit the tech sector particularly hard. Advanced semi ...