SoundHound now expects 2025 revenue to be between $157 to $177 million, compared to previous guidance of $155 million to $175 million.
Nvidia, Stock
But the same hand that gives can also take away. Last week, Nvidia submitted another regulatory filing that showed it had completely exited its stake in Soundhound AI. Just as investors viewed Nvidia's initial position in Soundhound as a vote of confidence, they saw the sale of all its shares as a vote of no confidence.
Finding a low cost AI stock runs a risk akin to the dot com boom and bust, so a deeper look at SoundHound AI and BigBear.ai shows AI company differences.
Soun, Stock and Sinking
Nvidia disclosed in a regulatory filing Friday that it sold off three tech stocks and added stakes in two others. Nvidia stock was little changed.
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Nvidia cut its stakes in chip designer Arm and exited its position in SoundHound AI. Both stocks were falling on the news.
Futures attached to the major stock gauges drifted up as Wall Street scrutinizes Nvidia's latest earnings report.
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