SoundHound AI's Business Is Soaring, But Does That Make the Stock a Buy? [Yahoo! Finance]
SoundHound AI, Inc. (SOUN)
Company Research
Source: Yahoo! Finance
Smart assistants aren't really that new, though. Apple integrated Siri into its hardware devices more than a decade ago. Moreover, smart-home devices from Amazon and Alphabet 's Google have been a favorite among consumer electronics enthusiasts for years. Nevertheless, perhaps the company that is receiving the most attention in AI-powered voice applications is SoundHound AI (NASDAQ: SOUN) Shares of the budding software developer are up 138% so far this year . Moreover, the company just reported impressive earnings for the first quarter of 2024, which ended March 31. Let's dive into the financial results and assess if SoundHound represents a lucrative investment opportunity. Voice and the next frontier of AI AI-powered voice products are more prolific than you probably think. In addition to Internet of Things (IoT) devices, voice recognition can play an important role in vehicles, fulfilling orders at restaurants, customer service applications, gaming, and more. According
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SOUN
News
- Great News for SoundHound AI Investors [Yahoo! Finance]Yahoo! Finance
- Nvidia Recently Bought 5 Artificial Intelligence (AI) Stocks. These 2 Stand Above the Rest. [Yahoo! Finance]Yahoo! Finance
- SoundHound AI Announces Early Debt Pay Off, Robust Cash Position, and Strengthened Financial Profile [Yahoo! Finance]Yahoo! Finance
- SoundHound AI Announces Early Debt Pay Off, Robust Cash Position, and Strengthened Financial ProfileBusiness Wire
- Billionaires Are Buying These 2 Artificial Intelligence (AI) Stocks Hand Over Fist [Yahoo! Finance]Yahoo! Finance
SOUN
Earnings
- 5/9/24 - Beat
SOUN
Sec Filings
- 6/14/24 - Form 8-K
- 6/12/24 - Form 4
- 6/12/24 - Form 4
- SOUN's page on the SEC website