Is SoundHound AI Inc. (SOUN) the Worst AI Stock to Buy? [Yahoo! Finance]
SoundHound AI, Inc. (SOUN)
Company Research
Source: Yahoo! Finance
Are AI Stocks on the Rise Again? In the lead-up to the September rate cut decision, analysts had expressed a variety of opinions regarding the 50 basis-point cut, with some supporting and others opposing it. Some of them suggested that lower interest rates could create opportunities in small and mid-cap stocks, which may benefit from a more favorable borrowing environment. Officials at the Fed maintained the opinion that this timely monetary policy adjustment was purely based on economic data and wasn't politically motivated. Additionally, it isn't just influenced by recent employment data but rather as a part of a broader strategy established earlier in July, aimed at managing inflation while maintaining low unemployment rates. Lower interest rates are now encouraging investors to reconsider their AI stock holdings or diversify their portfolios with a greater focus on AI investments. Cory Johnson, Chief Market Strategist at Futurum Group, discussed how the Fed's rate cuts have
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SOUN
News
- Here's How the Fed's Big Rate Cut Could Affect These 2 Artificial Intelligence (AI) Stocks [Yahoo! Finance]Yahoo! Finance
- SoundHound AI, Inc. (SOUN) Laps the Stock Market: Here's Why [Yahoo! Finance]Yahoo! Finance
- SoundHound AI, Inc. (NASDAQ: SOUN) had its "outperform" rating re-affirmed by analysts at Wedbush. They now have a $9.00 price target on the stock.MarketBeat
- Forget Nvidia: Here Is My Top Artificial Intelligence (AI) Stock to Buy Instead [Yahoo! Finance]Yahoo! Finance
- SoundHound AI Inc (SOUN)'s AI Revolution: Why Are Short Sellers Betting Against This Innovator? [Yahoo! Finance]Yahoo! Finance
SOUN
Earnings
- 8/8/24 - Beat
SOUN
Sec Filings
- 9/24/24 - Form 4
- 9/24/24 - Form 4
- 9/24/24 - Form 4
- SOUN's page on the SEC website