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SoundHound AI (SOUN) Climbs 20% Ahead of Q1 Earnings, Outlook in Focus

SoundHound AI Inc. (NASDAQ:SOUN) is one of the 10 Stocks With Remarkable Gains.

SoundHound AI soared by 20.10 percent on Friday to finish at $9.56 apiece, as investors began positioning portfolios ahead of its first-quarter earnings performance.

In a notice to investors, SoundHound AI Inc. (NASDAQ:SOUN) said that it is set to announce its financial and operating highlights after market close on Thursday, May 7. It will hold a conference call to elaborate on the results.

Photo from SoundHound AI

Investors are expected to watch for the company’s updated outlook for the short-term period, given the installation of an interim chief finance officer (CFO) following the departure of Nitesh Sharan to assume a leadership role in a quantum computing company.

Sharan, who officially stepped down last April 3, was temporarily replaced by Chief Product Officer James Hom, who served as the company’s first CFO from its founding in 2005.

In other news, SoundHound AI Inc. (NASDAQ:SOUN) bagged a contract renewal with retail giant Casey’s for the deployment of the former’s voice AI technology across more than 2,600 locations.

The renewed partnership followed SoundHound AI Inc.’s (NASDAQ:SOUN) successful support to Casey’s in handling more than 21 million guest interactions and processing of millions of food orders.

“Leveraging SoundHound’s voice AI ordering agents, Casey’s stores can answer incoming calls for pizza even during peak meal times, reducing missed orders and long hold times while ensuring guests can place orders quickly and accurately,” the listed firm said.

While we acknowledge the risk and potential of SOUN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than SOUN and that has 10,000% upside potential, check out our report about the cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

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The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

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What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

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This prediction might not be bold at all:

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