Category: Business & Finance
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SoundHound AI Soars in Q3, Yet Stock Drops – Insights into this Investor’s Business Daily
Despite SoundHound’s AI impressive beat-and-raise in its Q3 results, the companyâs stock experienced a surprising downturn. In this quarter, SoundHoundâs utilization of artificial intelligence technology stepped up a notch, securing an outstanding financial stride. However, in an unexpected turn of events, SoundHoundâs share value fell. Analysts are calling this a temporary market reaction, awaiting a…