Why SoundHound AI Stock Soared in April
Shares of SoundHound AI (NASDAQ: SOUN) gained 14.4% over the course of April. The move up came as the S 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) had a particularly eventful month.
SoundHound, which develops advanced artificial intelligence (AI) voice technology, announced a significant partnership with Chinese tech giant , boosting its stock.
SoundHound announced that it will be working with Tencent Intelligent Mobility, part of Tencent's Cloud and Smart Industries Group (CSIG) business, to bring its conversational AI capabilities to the Chinese company's own automotive solutions. Using the company's tech, Tencent will enhance its Intelligent Mobility platform. Users will have access to personalized and AI-powered user experiences, providing drivers and passengers with hands-free access to a range of in-vehicle applications.
Source Fool.com
Tencent Holdings Ltd. Aktie
Derzeit ist die Community gegenüber der Tencent Holdings Ltd. Aktie mit 6 Buy-Einschätzungen und 3 Sell-Einschätzungen positiv gestimmt.
Das niedrigere Kursziel von 50 € im Vergleich zum aktuellen Kurs von 53.8 € für Tencent Holdings Ltd. führt zu einem negativen Potenzial von -7.06%.
