SoundHound AI, Inc. (SOUN)
- Yahoo Finance Video
Novavax-Sanofi vaccine deal, Yelp and Sweetgreen earnings: Morning Brief
On today's episode of The Morning Brief, Hosts Seana Smith and Brad Smith break down some of the biggest news affecting the market (^DJI, ^IXIC, ^GSPC). President Biden is reportedly set to release a new wave of tariffs targeting China in critical sectors, including electric vehicles, semiconductors, and solar equipment. Novavax (NVAX) shares skyrocket following the announcement of a $1.2 billion deal with Sanofi (SNY) to commercialize its combined COVID-19 and flu shot. Restaurant and business review platform Yelp (YELP) misses first-quarter earnings estimates as US consumer spending remains relatively weak. Taiwan Semiconductor (TSM) sales jumped nearly 60% year-over-year as the artificial intelligence race heats up and demand for chips rises. Wedbush Securities Managing Director Dan Ives joins Yahoo Finance to discuss "the fourth Industrial Revolution" in AI and Apple's (AAPL) position among other Big Tech competitors. Sweetgreen (SG) shares soar after topping first-quarter revenue expectations and raising its full-year guidance. CEO Jonathan Neman joins to discuss the company's plans moving forward. This post was written by Melanie Riehl
- Yahoo Finance Video
SoundHound AI stock jumps after raising 2024 revenue outlook
Shares of SoundHound AI (SOUN) are jumping Friday morning in pre-market trading as the company boosted its full-year revenue outlook for 2024. The artificial intelligence voice and speech recognition developer posted first-quarter revenue $11.6 million, a growth of 73% while closing the quarter with $226 Million in cash. Morning Brief Anchors Brad Smith and Seana Smith break down the latest development for SoundHound AI and analyst commentary around the AI stock. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino
- GuruFocus.com
SoundHound AI Inc Reports Q1 Revenue Surge, Exceeds Analyst Expectations
Revenue Growth Highlights Strong Market Demand for Voice AI Solutions
