It is time last to buy this market, darling again

Some short -term market pain can prepare for long -term gains. This is what is happening Soundhound ai (Nasdaq: Soun) now.

Wall Street retracts the price Nasdak Arrows are due to economic uncertainty (the index has decreased nearly 14 % of its highest level ever to this writing), and Soundhound Ai shares more than 22 % so far in March. An investors should be able to achieve long -term mint by picking up promising technology shares, and now trading at a more reasonable price.

I was a fan of Soundhound AI for years. The company was innovative of artificial intelligence (AI) a long time before being cold. The application of identifying songs allowed since 2006-before years of the first shelves of modern smartphones stores. The application has created an unparalleled store for audio data and user satisfaction degrees, adding to AI’s sound interpretation system.

So I was enthusiastic about seeing Soundhound AI entering the public stock market in a batch to expand its business horizon. Lessons learned from songs identifiers have evolved into a voicing assistant for general purposes. Soundhound AI has found valuable ways to use this AI tool in commercial operations, starting with Windows and the phone -based menu systems to the control and entertainment controls inside the car.

Soundhound Ai is a pioneer in the market value of business for advertisers, e -commerce dealers, applications and creative technological products. The company tears pages of money playing books from alphabetand Amazonand appleAnd Microsoftrespectively. This is an impressive collection of role models.

Of course, it is somewhat early compared to Soundhound Ai with an ideal set of the four “wonderful” names. I see this comparison as an ambitious long -term goal, not a promise of immediate success. But I am convinced that Soundhound Ai stands at the beginning of the profitable growth story. A trillion dollar shares may not be in the preparation phase, but it is starting to make a modest valuable in the process of selling the printed NASDAQ market.

Despite the wonderful business prospects at Soundhound AI, the stock rose for all the wrong reasons in 2024. Nafidia He investigated a small in the arrow of Soundhound Ai. NVIDIA now closed this position after starting promising cooperation with the smaller artificial intelligence company.


Discover more from

Subscribe to get the latest posts sent to your email.

Leave a Reply

Scroll to Top

Discover more from

Subscribe now to keep reading and get access to the full archive.

Continue reading