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SoundHound AI Stock Tumbles
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 average Wall Street analyst firm had expected SoundHound AI to report a net loss of $0.
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%.
Why SoundHound AI Stock Plummeted After Reporting Its Largest Quarter Ever
In today's video, I discuss recent updates impacting
SoundHound
AI (NASDAQ: SOUN). To learn more, check out the short video, consider subscribing, and click the special offer link below. *Stock prices used were the market prices of Nov. 13, 2024.
15h
on 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 ...
10h
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 ...
2d
on 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 MSN
20h
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 ...
11h
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 ...
12h
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 AI plunges despite reporting record quarterly revenue
SoundHound AI plunged approximately 15% during early market action on Wednesday despite posting a record third quarter 2024.
23h
SoundHound AI (SOUN): Powers Voice AI for Top Quick-Service Restaurants, Surpassing 100 Million AI Interactions
We recently compiled a list of the 10 AI Headlines Making Waves Today. In this article, we are going to take a look at where ...
12h
SoundHound AI, Inc.: Strong Revenue Performance and Positive Outlook Drive Buy Rating
Scott Buck, an analyst from H.C. Wainwright, reiterated the Buy rating on SoundHound AI, Inc Class A (SOUN – Research Report). The ...
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