About SoundHound AI, Inc. - Class A Common Stock (SOUN)
SoundHound AI, Inc. is a technology company that specializes in voice-enabled AI and conversational intelligence. They develop innovative solutions that allow businesses to enhance customer engagement through natural language processing and speech recognition technologies. The company's flagship product, SoundHound, enables users to interact with devices and services using voice commands, while its AI-driven platform offers tools for speech-to-text, voice search, and personalized experiences. By leveraging advanced machine learning algorithms, SoundHound AI aims to transform how people and businesses communicate, providing seamless and intuitive interactions in various applications, from music recognition to virtual assistants and customer service automation. Read More
Is the stock moving too fast for comfort? The company has landed major deals with Tencent and Red Lobster, but its valuation might still give you pause.
Shares of voice AI technology company SoundHound AI (NASDAQ:SOUN) fell 4.4% in the morning session after reports surfaced of significant stock sales by key company executives. Specifically, Chief Financial Officer Nitesh Sharan sold over 126,000 shares for approximately $2.1 million, and Vice President of Engineering Majid Emami sold over 78,000 shares, realizing about $1.32 million from the transactions.
SoundHound stock has gone on a tear over the past quarter, though call option traders believe there is a lot more upside to be had in the coming months.
Shares of SoundHound AI Inc (NASDAQ: SOUN) are bouncing around Wednesday morning amid an upward trend that has seen the stock gain more than 23% over the last five days and around 50% in the past month. The conversational intelligence company has been lifted by recent strategic agreements that expand its market presence.
Unprofitable companies can burn through cash quickly, leaving investors exposed if they fail to turn things around.
Without a clear path to profitability, these businesses risk running out of capital or relying on dilutive fundraising.
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Shares of voice AI technology company SoundHound AI (NASDAQ:SOUN) jumped 7.6% in the morning session after the company announced a partnership with Red Lobster to roll out an AI-powered phone ordering agent across all the restaurant's locations.
The US stock market has been on an exhilarating ride, with the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite repeatedly shattering previous records. This bullish momentum, largely fueled by the transformative potential of Artificial Intelligence (AI) and robust corporate earnings, has left investors grappling with a crucial
SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice and conversational AI, and Red Lobster, the world’s largest and most-loved seafood restaurant company, today announced a partnership to roll out an AI-powered phone ordering agent that will revolutionize takeout ordering across all Red Lobster locations. The collaboration is designed to enhance the guest experience and provide valuable support to in-restaurant teams.
Rapid spending isn’t always a sign of progress.
Some cash-burning businesses fail to convert investments into meaningful competitive advantages, leaving them vulnerable.
Shares of voice AI technology company SoundHound AI (NASDAQ:SOUN) jumped 7.5% in the afternoon session after the company agreed to acquire Interactions Corporation, an AI-driven customer service firm, in a deal valued at up to $85 million.
The global digital payments landscape is undergoing a monumental transformation, characterized by an explosion in non-cash transactions, rapid technological advancements, and a relentless pursuit of convenience and security. At the heart of this revolution are two undisputed giants, Visa (NYSE: V) and Mastercard (NYSE: MA), whose ongoing innovation strategies and
The past six months have been a windfall for SoundHound AI’s shareholders. The company’s stock price has jumped 57.1%, hitting $16.20 per share. This was partly due to its solid quarterly results, and the run-up might have investors contemplating their next move.
Wall Street rallied to record highs after the Fed's rate cut, while Meta launched new smart glasses, Nvidia teamed with Intel on chips, and big names like General Mills, FedEx, and Darden reported earnings.
