The Latest Breaking News from SoundHound AI

Financial giants have made a conspicuous bearish move on SoundHound AI. Our analysis of options history for SoundHound AI (NASDAQ:SOUN) revealed 15 unusual trades.

Soundhound AI (SOUN) has high short interest, making it a target for a short squeeze. The butterfly trade allows for potential 600% profit.

The company’s leadership in the voice AI sector, coupled with strong demand for its technology, positions it well for sustained growth.

News from BBAI seemed to spark a halo rally in AI growth stocks SOUN and AI.

These two growth stocks represent high-risk, high-reward AI-driven growth opportunities.

In June 2024, SoundHound AI — a publicly traded company on NASDAQ — announced the acquisition of Allset, a restaurant pre-ordering platform. Allset brought with it technology, a seasoned team, and a portfolio of 7,000 partner restaurants, including Joe & The Juice and Charley's Cheesesteaks. For SoundHound, it was a…

Up 192% YTD, this stock could skyrocket by as much as 53% over the next 12 months.

These two AI stocks have yet to realize their full potential, which is why Wall Street analysts predict significant growth in the coming years.

SoundHound is an overvalued tech stock that has crushed broader market returns in the past 12 months due to the hype surrounding AI companies.