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SoundHound AI Shares Drop Despite Record Revenue Report

11/19/2025

Summary

Story summary

SoundHound AI Inc (NASDAQ:SOUN) shares fell 1.41% to $11.27 on November 18, 2025, extending a 41% decline over the past month.
Federal Reserve hawkish comments dampened expectations for a December rate cut, weighing on speculative AI stocks.
SoundHound AI Inc's chief executive officer Kevan Mohajer says the company reported third-quarter revenue of $42.05 million, a record, and raised full-year revenue guidance.
Investors reassess the stock's valuation amid a broader market sell-off.

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Story summary

SoundHound AI Inc (NASDAQ:SOUN) shares fell 1.41% to $11.27 on November 18, 2025, extending a 41% decline over the past month.
Federal Reserve hawkish comments dampened expectations for a December rate cut, weighing on speculative AI stocks.
SoundHound AI Inc's chief executive officer Kevan Mohajer says the company reported third-quarter revenue of $42.05 million, a record, and raised full-year revenue guidance.
Investors reassess the stock's valuation amid a broader market sell-off.