SOUN240920P7000
- 2.04
- +0.05+2.51%
SoundHound AI Newsroom
Nvidia Just Made a 147% Profit Betting on This AI Stock
US stocks close | Nasdaq rose 2.5%, Dow Jones, S&P hit record highs; chip stocks, Chinese concept stocks shine, Tesla rose more than 7%, Nvidia rose nearly 4%
The US unemployment benefits data strengthens expectations of an economic soft landing, with the Dow Jones breaking the 0.042 million point mark for the first time and the S&P closing above 5700 points for the first time. The Nasdaq rose 3% at one point, the chip index rose 5.7% at one point, the bank index rose nearly 3%, and the Chinese concept index rose over 4%.
SoundHound AI Options Spot-On: On September 18th, 91,731 Contracts Were Traded, With 566.15K Open Interest
On September 18th ET, $SoundHound AI(SOUN.US)$ had active options trading, with a total trading volume of 91,731 options for the day, of which put options accounted for 19.3% of the total
Is It Too Late to Buy SoundHound AI Stock?
H.C. Wainwright Maintains SoundHound AI(SOUN.US) With Buy Rating, Maintains Target Price $7
H.C. Wainwright analyst Scott Buck maintains $SoundHound AI(SOUN.US)$ with a buy rating, and maintains the target price at $7.According to TipRanks data, the analyst has a success rate of 27.9% and
HC Wainwright & Co. Reiterates Buy on SoundHound AI, Maintains $7 Price Target
SoundHound AI Analyst Ratings
US stocks closed | S&P and Dow set new intraday highs, Chinese concept stocks performed well, li auto inc rose more than 12%.
In the late trading session, the US stock market saw a significant decline, but the S&P 500 index rose for the seventh consecutive day, and the Nasdaq and semiconductor index erased gains of more than 1%, with Intel rising 8% and closing up 2.7%, while Nvidia declined 1%. The Chinese concept index rose nearly 2%, and Li Auto Inc. rose more than 12%.
Where Will SoundHound AI Be in 3 Years?
U.S. stocks closed | S&P 500 and Nasdaq both rose for the fifth consecutive week, with nvidia up nearly 16% for the week and broadcom up 22% for the week.
The rebound in US consumer confidence, the near four-year low in one-year inflation expectations, the support of the former "Fed's three hands" for a 50 basis point rate cut, and the significant increase in betting on substantial rate cuts by the "Fed's communication agency" and others, have returned to the "fifty-fifty" level. Small cap stocks rose by more than 2% on Friday, chip index rose by 10% over the week, NVIDIA rose by nearly 16% over the week, and Broadcom rose by 22% over the week. The two-year US Treasury yield returned to a two-year low, the yen rose above 141, the highest in nearly nine months, offshore renminbi rose above 7.10 yuan, and bitcoin rose to $0.06 million. Oil prices stopped the multi-week decline, and gold rose by over 3% for the best month in a month.
US stocks closing | NASDAQ, S&P joined hands for four consecutive positives, US stocks' seven giants all rose, with Meta up nearly 3% and Nvidia up nearly 2%.
In August, the PPI in the United States showed a cooling down of inflation, and the market slightly raised its bets on the Fed's aggressive interest rate cuts. US stocks rose together, with Nvidia up nearly 2%, while NIO Inc and XPeng fell more than 5%. The European Central Bank cut interest rates for the second time this year, but maintained a restrictive policy. European bonds fell, and the euro rebounded from its four-week low. Commodities rose across the board, with US oil briefly rising by 3.7%, gold reaching a new high with a nearly 2% increase, palladium rising by over 4%, and copper experiencing its largest two-month increase.
US stock market closing: US stocks staged a "V-shaped" big reversal, with Nvidia soaring more than 8%; solar concept stocks and lithium stocks rose across the board, with first solar rising more than 15% and Albemarle rising more than 13%
The core CPI in the US in August exceeded expectations, and the market believes that the Federal Reserve will not make a significant interest rate cut next week. The US stock market fell at the beginning of trading, with the Dow Jones Industrial Average falling more than 740 points at one point. Huang Renxun emphasized the high demand for AI chips, and Nvidia, which had the largest increase in six weeks, led the US stock market to rebound in a V-shape, with the Nasdaq rising more than 2% and chip stocks rising nearly 5%. The US presidential debate boosted solar stocks, while Trump media fell more than 10% to the lowest level since its backdoor listing in March. Brent oil climbed back above $70, breaking away from a three-year low.
SOUN Declines 10.5% in a Month: Can AI Push Help the Stock Rebound?
US stocks close | On the "non-farm day", US stocks plummeted, with the Nasdaq down 2.55%, and NVIDIA down more than 4%; US bonds surged, with Brent oil hitting a nearly three-year low.
The poor non-farm payroll data in August may lead the Fed to support a significant interest rate cut. The S&P fell 1.7% for the week, dropping over 4%, while the Dow fell 1% for the week, dropping nearly 3%, and the Nasdaq fell 2.6% for the week, dropping 5.8%, entering a technical consolidation phase.
US stocks closed with mixed performance for the three major indexes. Tesla rose more than 9% over the past two days, while NIO soared 14% after its performance announcement.
Before the non-farm data, there is new evidence of the cooling of the US job market, and economic concerns support a substantial rate cut bet. The yield curve of the 2-year/10-year US Treasury bonds, which briefly inverted for the third time in two years. The S&P 500 fell for the third consecutive day, with Broadcom falling more than 4% after hours, Tesla rising nearly 5%, and Nvidia and Chinese concept stocks rising nearly 1%. The yen reached a one-month high, and the offshore renminbi rose by 300 points to break 7.09 yuan. Gold rose briefly by 1%, and oil prices rose more than 2% before falling. US oil fell below $70 for the first time in 15 months over two days.
SoundHound Chat AI Automotive Introduces New Tools for Advanced Voice Assistant Customization
SoundHound AI Inc. (SOUN): A Penny Stock That Will Make You a Millionaire
U.S. stocks closed | The three major indexes showed mixed gains and losses, with the Dow hitting a new high again during the day! Nvidia's performance after the market fell more than 6%.
Dell's stock rose more than 8% after hours, Chinese concept stocks rebounded more than 2%, Li Auto Inc. surged more than 10%, pdd holdings rose nearly 5%.
SoundHound AI To Participate in Investor Events in September
US stock market close | The three major indexes all fell, with the Nasdaq falling more than 1%; Chinese concept stocks declined, with li auto inc falling more than 16% and pdd holdings falling more than 7%.
Warren Buffett's Berkshire Hathaway first reached a market cap of 1 trillion dollars, while Super Micro Computer fell by 19%, and Salesforce surged over 4% after the financial report.