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SoundHound AI (SOUN -2.33%) is a popular AI stock pick, primarily because it's a pure-play AI stock. There aren't many investments out there that solely offer AI solutions, but SoundHound AI is laser-focused on improving and marketing its audio recognition AI technology.
Voice-focused artificial intelligence (AI) stock SoundHound AI (SOUN -2.33%) has crashed close to 46% this year. While it has still more than doubled in value from where it was a year ago, the excitement around this once-hot AI stock has cooled off significantly.
Artificial intelligence (AI) stocks are shaping up to be the biggest stocks of the decade. Stocks like Nvidia and Palantir have generated huge returns and created massive fortunes already.
SoundHound AI, Inc. (SOUN) concluded the recent trading session at $10.48, signifying a -2.33% move from its prior day's close.
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.