2 AI Stocks to Buy Before It's Too Late [Yahoo! Finance]
SoundHound AI, Inc. (SOUN)
Company Research
Source: Yahoo! Finance
Investing early in the companies behind the breakthroughs associated with AI could result in outstanding returns in the coming years. Now is the right time to begin your AI stock search. To help in that search, here are two AI stocks that could be ready to soar for those who buy in early. 1. SoundHound AI SoundHound AI (NASDAQ: SOUN) is a promising AI stock with a market cap of just $1.8 billion, and the business continues to see surging demand for its voice AI technology. SoundHound's trailing revenue has exploded from $20 million to $55 million over the last two years. It just reported another strong quarter, with revenue up 54% year over year in the second quarter. Voice assistance will be an area that will see incredible breakthroughs as AI becomes more sophisticated in the coming years. SoundHound is establishing itself as the leader in this sub-sector. It already has a partnership with Nvidia to supply the AI chip leader's Drive platform with in-vehicle voice technology.
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SOUN
News
- Opinion: This Is the Most Overlooked Artificial Intelligence (AI) Stock to Buy Right Now [Yahoo! Finance]Yahoo! Finance
- Forget Nvidia, This AI Growth Stock Might Be a Better Buy [Yahoo! Finance]Yahoo! Finance
- SOUN Declines 10.5% in a Month: Can AI Push Help the Stock Rebound? [Yahoo! Finance]Yahoo! Finance
- 1 Top Artificial Intelligence (AI) Stock Ready for a Bull Run [Yahoo! Finance]Yahoo! Finance
- SoundHound AI: High-Growth Contender Poised To Dominate The Voice AI Market [Seeking Alpha]Seeking Alpha
SOUN
Earnings
- 8/8/24 - Beat
SOUN
Sec Filings
- 8/22/24 - Form 4
- 8/9/24 - Form 10-Q
- 8/8/24 - Form 8-K
- SOUN's page on the SEC website