Why AI Stock SoundHound AI Was Skyrocketing Today
From Nasdaq: 2025-04-22 15:28:00
SoundHound AI (NASDAQ: SOUN) shares surged by nearly 9% after announcing a deal with Tencent for in-car AI technology. The company will provide AI voice technology for driving assistance systems to Tencent Intelligent Mobility, offering seamless handsfree access to in-vehicle applications.
While financial details were not disclosed, investors were bullish on SoundHound AI’s future prospects. The Motley Fool Stock Advisor did not include SoundHound AI in their list of top 10 stocks to buy now, but highlighted the potential for significant returns with the right investments. Their total average return is 781%, outperforming the S&P 500 by a wide margin.
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