Close Menu
Trader News
  • Markets
    • Stocks
    • Futures
    • Forex
    • Commodities
    • OTC
    • QB
    • QX
    • PINK
    • Crypto
    • Options
    • Bonds
  • Crypto
    • Market
    • BTC
    • NFTs
    • DeFi
  • Technology
    • Web3
    • FinTech
    • EdTech
    • AI
  • Startups
  • Real Estate
  • Personal Finance
    • Retirement
    • Investing
  • More
    • Market Data
    • Glossary
    • Crypto Heatmap
    • Newsletter
    • Submit News
    • Exchanges, Brokerage and Savings Platforms
X (Twitter)
X (Twitter) TikTok YouTube RSS
Trader News
  • Markets
    1. Stocks
    2. Futures
    3. Forex
    4. Commodities
    5. OTC
    6. QB
    7. QX
    8. PINK
    9. Crypto
    10. Options
    11. Bonds
    Featured

    Coffee prices climb after Donald Trump threatens 50% tariffs on Brazil

    By News RoomJul 10, 2025 8:35 am EDT0
    Recent

    Coffee prices climb after Donald Trump threatens 50% tariffs on Brazil

    Jul 10, 2025 8:35 am EDT

    Cramer Says Tesla Dominates While Ouster Is ‘Too Speculative’ – First Majestic Silver (NYSE:AG), Insmed (NASDAQ:INSM)

    Jul 10, 2025 8:19 am EDT

    Dave Ramsey Tells Debt-Laden 28-Year-Old To Skip Courthouse Wedding: ‘You’ll Tell This Story’ Forever

    Jul 10, 2025 8:18 am EDT
  • Crypto
    1. Market
    2. BTC
    3. NFTs
    4. DeFi
    Featured

    EU Regulator Flags MiCA Licensing Gaps By Malta’s MFSA

    By News RoomJul 10, 2025 8:47 am EDT0
    Recent

    EU Regulator Flags MiCA Licensing Gaps By Malta’s MFSA

    Jul 10, 2025 8:47 am EDT

    Venn Network Uncovers and Shuts $10M DeFi Backdoor

    Jul 10, 2025 8:42 am EDT

    Snoop Dogg’s Telegram NFT Drop Sold Out in Half an Hour

    Jul 10, 2025 8:32 am EDT
  • Technology
    1. Web3
    2. FinTech
    3. EdTech
    4. AI
    Featured

    AI ‘vibe managers’ have yet to find their groove

    By News RoomJul 10, 2025 8:37 am EDT0
    Recent

    AI ‘vibe managers’ have yet to find their groove

    Jul 10, 2025 8:37 am EDT

    Chamath Palihapitiya Agrees With A Social Media User Who Says While Meta Spends $200 Million A Year To Poach AI Talent, Elon Musk Keeps Costs Low But Still Manages To Unveil Better Products – Alphabet (NASDAQ:GOOG), Apple (NASDAQ:AAPL)

    Jul 10, 2025 8:21 am EDT

    Video Game Performers Secure AI Consent Rules in New SAG-AFTRA Deal

    Jul 10, 2025 6:56 am EDT
  • Startups
  • Real Estate
  • Personal Finance
    1. Retirement
    2. Investing
    Featured

    ‘Flood insurance is not just for coastal or high-risk areas,’ expert says: What homeowners need to know

    By News RoomJul 10, 2025 7:57 am EDT0
    Recent

    ‘Flood insurance is not just for coastal or high-risk areas,’ expert says: What homeowners need to know

    Jul 10, 2025 7:57 am EDT

    KeyBanc upgrades Roku, says stock is the new internet ‘self-help’ story

    Jul 10, 2025 7:55 am EDT

    Ways to play the signing of Trump’s spending bill; what the bond market and dollar are signaling

    Jul 10, 2025 2:08 am EDT
  • More
    • Market Data
    • Glossary
    • Crypto Heatmap
    • Newsletter
    • Submit News
    • Exchanges, Brokerage and Savings Platforms
Login
Trader News
You are at:Home » SoundHoud AI Stock Jumps Amid AI Push, But This Technical Indicator Signals Slowdown And Reversal In Rally – Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), SoundHound AI (NASDAQ:SOUN)
Futures

SoundHoud AI Stock Jumps Amid AI Push, But This Technical Indicator Signals Slowdown And Reversal In Rally – Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), SoundHound AI (NASDAQ:SOUN)

News RoomNews RoomJul 9, 2025 7:36 am EDT0 ViewsNo Comments3 Mins Read
Facebook Twitter Telegram WhatsApp Pinterest LinkedIn Tumblr Email Reddit
Share
Facebook Twitter LinkedIn Pinterest Email

The conversational expert system (AI) business SoundHound AI Inc. SOUN rose over 11% on Tuesday after having the second-highest volume day of 2025. With numerous favorable technical signs, this specific momentum signified that the stock might be overbought.

What Took Place: As the need for AI is escalating in every sector, the voice AI business SoundHound had its second-highest day of trading volume at 118,340,200 on Tuesday, July 6, with Feb. 14 being the greatest at 177,289,100.

Traders stayed favorable on the stock as Ryan Collins, the Florida Director for StepStone Group, declared his forecast of a “break through” beyond $12.6 each.

The stock increased 11.69% to end at 12.71% on Tuesday. Collins likewise warned that the stock might go through some pressure around $14 each.

On the other hand, online monetary analyst, Tiger Line Trading anticipated a rise to $15 per share of the stock.

According To the Benzinga Pro information, SoundHound AI stock was above its brief and long-lasting moving averages, signifying a bullish stock pattern.

Its MACD line was likewise favorable and above its signal line, recommending a possible bullish pattern, with its 12-week rapid moving average being above its 26-week EMA.

Nevertheless, its relative strength index at 71.58 suggested that the stock remained in the overbought zone, meaning a possible downturn or turnaround in the near term.

See Likewise: Warren Buffett’s Quiet Dividend Play: 9 High-Yield Stocks Held By A Berkshire Subsidiary

Why It Matters: Essentially, throughout its very first quarter profits call, CFO Nitesh Sharan declared the business’s 2025 profits assistance of $157 to $177 million, in spite of a $2 million negative effect from a client’s modification of control.

He likewise highlighted the increasing diversity of profits streams throughout verticals, consisting of automobile, dining establishments, monetary services, and health care.

Looking ahead, SoundHound highlighted its record pipeline, sustained by increasing need for its innovative voice AI services and the growing acknowledgment of its technological distinction.

” We have a strong pipeline of brand-new OEMs, and they, together with the dining establishments, are really thrilled about our voice commerce services,” he stated.

Cost Action: SOUN shares were 2.28% greater at $13 each in premarket on Wednesday. Nevertheless, it was lower by 36.95% on a year-to-date basis and up 207.00% over a year.

Benzinga Edge Stock Rankings reveals that SOUN had a more powerful rate pattern over the brief, medium, and long term. Its momentum ranking was strong at the 95.85 th percentile, whereas its worth ranking was bad at the 6.58 th percentile; the information of all the metrics are offered here.

The SPDR S&P 500 ETF Trust SPY and Invesco QQQ Trust ETF QQQ, which track the S&P 500 index and Nasdaq 100 index, respectively, were a little greater in premarket on Wednesday. The SPY was up 0.042% at $620.60, while the QQQ advanced 0.016% to $552.43, according to Benzinga Pro information.

Read Next:

Image Via Shutterstock

Source

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

Dave Ramsey Tells Debt-Laden 28-Year-Old To Skip Courthouse Wedding: ‘You’ll Tell This Story’ Forever

Futures Jul 10, 2025 8:18 am EDT

Taiwan Semiconductor Reports Solid Half-Year Revenue, June Sees Monthly Decline – Taiwan Semiconductor (NYSE:TSM)

Futures Jul 10, 2025 6:48 am EDT

Bill Ackman Cheers Money Market Funds Hitting Record $7.4 Trillion As Jerome Powell Snubs Trump’s Rate Cut Demands – Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), NVIDIA (NASDAQ:NVDA)

Futures Jul 10, 2025 5:03 am EDT

This Tech CEO Is Buying His Company’s Shares ‘Hand Over Fist’ As Analysts See 50% Upside From Current Levels – Asana (NYSE:ASAN), Meta Platforms (NASDAQ:META)

Futures Jul 10, 2025 3:31 am EDT

Bitcoin Hits Historic High Above $112,000, Noted Investor Says ‘If You Can’t Beat It, You Have To Buy It’

Futures Jul 10, 2025 2:25 am EDT

Pop Culture Group Shares Explode 42% After-Hours: What’s Going On – Pop Culture Gr (NASDAQ:CPOP)

Futures Jul 10, 2025 1:12 am EDT
Add A Comment
Leave A Reply Cancel Reply

You must be logged in to post a comment.

Latest News

Venn Network Uncovers and Shuts $10M DeFi Backdoor

Jul 10, 2025 8:42 am EDT

AI ‘vibe managers’ have yet to find their groove

Jul 10, 2025 8:37 am EDT

Coffee prices climb after Donald Trump threatens 50% tariffs on Brazil

Jul 10, 2025 8:35 am EDT

Snoop Dogg’s Telegram NFT Drop Sold Out in Half an Hour

Jul 10, 2025 8:32 am EDT

Chamath Palihapitiya Agrees With A Social Media User Who Says While Meta Spends $200 Million A Year To Poach AI Talent, Elon Musk Keeps Costs Low But Still Manages To Unveil Better Products – Alphabet (NASDAQ:GOOG), Apple (NASDAQ:AAPL)

Jul 10, 2025 8:21 am EDT

Subscribe to Updates

Get the latest markets news and updates directly to your inbox.

[newsletter_form]

Top News

Markets

Cramer Says Tesla Dominates While Ouster Is ‘Too Speculative’ – First Majestic Silver (NYSE:AG), Insmed (NASDAQ:INSM)

By News RoomJul 10, 2025 8:19 am EDT0

In a market progressively specified by volatility and unpredictability, financiers are coming to grips with…

Dave Ramsey Tells Debt-Laden 28-Year-Old To Skip Courthouse Wedding: ‘You’ll Tell This Story’ Forever

Jul 10, 2025 8:18 am EDT

Hyundai Motor IONIQ 6 N Debuts at Goodwood Festival of Speed, Setting New Benchmark for High-Performance EVs – Hyundai Motor (OTC:HYMTF)

Jul 10, 2025 8:08 am EDT

‘Flood insurance is not just for coastal or high-risk areas,’ expert says: What homeowners need to know

Jul 10, 2025 7:57 am EDT
About
About

Trader News is the only source for the latest news and updates about the market, finance, crypto and real estate. Follow us to get the only news that matters.
We're social, connect with us:

X (Twitter) YouTube TikTok
Popular News

MintMiner Launches Global Cloud Mining Platform, Offers Free BTC

Jul 4, 2025 11:34 pm EDT

On-the-job learning upended by AI and hybrid work

Jul 6, 2025 11:34 pm EDT

Julian McMahon, Actor Who Played Doctor Doom In Fantastic Four Dies At 56

Jul 4, 2025 10:30 pm EDT

Subscribe to Updates

Get the latest markets news and updates directly to your inbox.

[newsletter_form]
Copyright © 2025. TraderNews. All Rights Reserved.
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.

Sign In or Register

Welcome Back!

Login to your account below.

Lost password?