US Stock Price Fluctuated | SoundHound AI (SOUN.US) rises over 26% and reaches a 52-week high point.

23:04 27/02/2024

As of the time of this article, the stock has risen by more than 26%, reaching $7.29.

On Tuesday, the stock price of SoundHound AI (SOUN.US) surged, reaching a 52-week high. As of the time of writing, the stock rose over 26%, trading at $7.29. The stock had surged nearly 40% the previous day. On Monday, at the GSMA World Mobile Congress in Barcelona, several telecommunications companies and leading artificial intelligence companies, including Nvidia (NVDA.US), jointly launched the Artificial Intelligence-RAN Alliance. This initiative aims to release new opportunities for telecommunications companies through artificial intelligence. This news may have caused the stock price of SoundHound AI to rise. SoundHound provides voice artificial intelligence solutions to improve customer conversation experiences for businesses. On Stocktwits, SoundHound AI is one of the most mentioned stocks, and the company is expected to release its financial report this week.

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Ningbo Shanshan (600884.SH) may see a change in its controlling shareholder to Wanwei Group.

Broad strategy: A-shares may usher in a new round of upward cycle in the future.

Zhejiang Tenchen Controls' subsidiary has become a supplier of passenger car seats for a domestic automotive company in China.