SoundHound AI (SOUN 21.11%) is one of the more popular ways to invest in AI. Because it's a pure play on AI technology, it stands to benefit more from a general technological shift to AI than some of the more established big tech players.
When investors think about high-flying artificial intelligence (AI) stocks, Nvidia or Palantir Technologies probably come immediately to mind. While both of those AI stocks indeed delivered huge returns in 2024, they lagged well behind an even bigger winner.
SoundHound AI (SOUN 13.34%) stock is surging higher in Tuesday's trading thanks to a duo of catalysts. The conversational artificial intelligence (AI) specialist's share price was up 11.7% at 1:10 p.m.
The price action in SoundHound AI NASDAQ: SOUN is down 35% YTD in 2025 and may fall further, but this isn't a stock to sell too quickly. The price action is driven by uncertainty and high short interest that fails to account for its position in AI.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
[00:00:04] Douglas McIntyre: You love SoundHound.
Down 29.4% in the first two-and-a-half weeks of the New Year, SoundHound AI (Nasdaq: SOUN) stock is off to a rocky start in 2025.
SoundHound AI (SOUN 6.06%) stock is surging higher in Wednesday's trading. The company's share price was up 11% as of 11 a.m.
The latest trading day saw SoundHound AI, Inc. (SOUN) settling at $12.79, representing a -0.23% change from its previous close.
SoundHound AI (SOUN 0.89%) stock is seeing strong gains in Tuesday's trading. The conversational artificial intelligence (AI) company's share price was up 2.2% as of 10:30 a.m.
SoundHound AI (SOUN) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.