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SoundHound AI Stock Tumbles

Barron's on MSN · 1d

SoundHound Stock Drops. Why the Nvidia-Backed AI Company Disappointed the Market.

SoundHound AI stock was falling early on Wednesday following its earnings. The issue looks like one of high expectations, with a “sell the news” reaction after a steep runup ahead of the report.SoundHound shares were down 13% at $6.

Investopedia on MSN · 1d

SoundHound AI Stock Tumbles as Margins Drop

SoundHound AI ( SOUN) shares plunged 16% Wednesday, a day after the provider of artificial intelligence (AI) voice technology software reported a big drop in gross margin . The Nvidia ( NVDA )-backed company’s third-quarter GAAP gross margin sank 24.3 percentage points to 48.6%, and non-GAAP gross margin tumbled 14.0 percentage points to 59.7%.

The Motley Fool on MSN · 1d

SoundHound AI Is Plummeting Today -- Is It Time to Buy the Stock?

SoundHound AI's Q3 report arrived with better-than-expected sales and earnings numbers. The company also raised its full-year sales targets for 2024 and 2025. Big sell-offs despite otherwise encouraging data in the Q3 report highlight the stock's propensity for volatility.

14hon MSN

SoundHound AI: Buy, Sell, or Hold?

As of this writing, it's been about three stock-trading days since I saw SoundHound AI (NASDAQ: SOUN) soaring like a mem e ...

9h

SoundHound AI Stock Rebounds On Price-Target Hike

SoundHound AI stock continued its roller-coaster ride on Thursday. SOUN stock bounded higher after getting a price-target ...

2don MSN

SoundHound diversifies its business beyond cars, but the hot AI stock retreats

The voice-based AI company is becoming less concentrated, as its top customer made up a far lower portion of overall revenue ...

The Motley Fool on MSN19h

SoundHound AI Stock Sinks 17% Despite Beating Earnings and Revenue Estimates and Raising 2024 and 2025 Guidance

But it's not all that challenging for companies to grow revenue while losses are expanding -- and, indeed, SoundHound's ...

1d

Why SoundHound AI Stock Is Down Today

Shares of SoundHound AI (NASDAQ: SOUN) traded much lower on Wednesday, following a robust third-quarter earnings report. Your ...

10h

SoundHound AI Delivers "Hey Kia" Voice AI Experience To India As Part of Kia Connect

SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today announced the expansion of its ...

10h

SoundHound price target raised to $8 from $7 at H.C. Wainwright

H.C. Wainwright raised the firm’s price target on SoundHound (SOUN) to $8 from $7 and keeps a Buy rating on the shares post the Q3 ...

1d

SoundHound: Expensive Valuation Amid Cash Burn And Competitive Pressures (Rating Downgrade)

SoundHound's stock has risen approximately 90% since February, influenced by NVIDIA's disclosed investment. Find out why I ...

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