SoundHound AI Stock Tumbles

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.
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 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 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 ...
Why Is SoundHound AI Stock Plummeting After Earnings?
In this video, I will cover SoundHound AI 's (NASDAQ: SOUN) third-quarter earnings report. Watch the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were from the trading day of Nov.
SoundHound AI Stock Sinks 17% Despite Beating Earnings and Revenue Estimates and Raising 2024 and 2025 Guidance
In Q3 2024, the AI-powered voice solutions provider, in which Nvidia holds a stake, posted strong revenue growth, but its ...
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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 ...
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.
SoundHound AI stock falls 18% despite 89% Q3 revenue jump
The median price target for SoundHound AI is $7 per share, which would be a modest 12% gain. This is a stock that should be on your radar, but wait for the right opportunity to dive in, assuming there ...
Why SoundHound AI Stock Soared on Thursday
Is SoundHound AI a good investment or just a meme stock? Learn why social media isn't always the best investment guide.
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 ...
SoundHound AI Reports Record Third Quarter Revenue, Up 89%, Exceeding $25 Million; Raises Outlook
SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today reported its financial results ...
SoundHound AI Announces Record Revenue and Expands Outlook
SoundHound AI, Inc Class A ( (SOUN) ) has released its Q3 earnings. Here is a breakdown of the information SoundHound AI, Inc Class A presented ...