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SoundHound AI, Inc. SOUN is notably benefiting from restaurant operators shifting toward AI solutions from legacy answering systems. The demand for AI solutions is not only limited to food ordering services but is also expanding to services such as table reservations and prepaid parking.
As Wall Street heads into the summer months, six powerful tailwinds line up, suggesting that the bulls are well-positioned to maintain their grip on Wall Street.
SoundHound AI (SOUN) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
SoundHound AI (SOUN 9.15%) stock is posting another day of big gains Monday. The artificial intelligence (AI) software specialist's share price was up 9.5% as of 3:20 p.m.
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 sell-side) analysts often affect a stock's price, do they really matter?
Short squeezes, a market condition where quickly exiting short sellers cause stock prices to rise sharply, can lead to substantial gains for traders and investors. The problem is that a high short interest is often a sign of an underlying problem, and it takes more than a high short interest to spark a squeeze.
Generative artificial intelligence (AI) is taking Wall Street by storm -- minting plenty of millionaires in the process. The technology promises to allow machines to replace human labor in tasks that require knowledge, memory, and communication.
The first half of the year has been somewhat of a rollercoaster ride for stocks -- and investors. Though all three major indexes have now crossed into positive territory, that wasn't the story just a few weeks ago.
The stock market has recovered from April's sudden dip. From the S&P 500 to the Nasdaq Composite, the market-defining indexes are reaching fresh all-time highs almost every day.
SoundHound AI (SOUN -0.91%), a developer of artificial intelligence (AI)-powered speech and audio recognition tools, has been a polarizing investment ever since its public debut three years ago. The bulls were initially impressed by its rapid growth, expanding customer base, and the disruptive potential of its tools, which could be customized for restaurants, vehicles, consumer electronics, and other markets.