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0.00140800551708288 0.00284474584063677 0.00570385908450904 -0.00146547513002503 0.00284474584063677 0.00284474584063677 0.00426711876095515 0.0129019281055143
Stock impact report

Why SoundHound AI Stock Was Racing Higher on Thursday [Yahoo! Finance]

SoundHound AI, Inc. (SOUN) 
Company Research Source: Yahoo! Finance
The artificial intelligence (AI) company was up by nearly 9% in late-session trading, a rate that was easily topping the 0.8% rise of the S&P 500 (SNPINDEX: ^GSPC) That news was the quarterly results posted after market hours Wednesday by leading graphics card processor company Nvidia , whose cutting-edge hardware products are widely used in the burgeoning AI industry Are You Missing The Morning Scoop? Wake up with Breakfast news in your inbox every market day. Sign Up For Free » Happily for that industry -- not to mention its shareholders -- Nvidia did very well in the third quarter of its fiscal 2025. It managed to nearly double its already considerable revenue on a year-over-year basis, to more than $35 billion, and somehow top that with a 103% improvement in per-share net income (which hit $0.81). Both figures were comfortably above the consensus analyst estimates. This positively affects SoundHound AI in two important ways. One, it clearly illustrates that there's more th Show less Read more
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