Why Is SoundHound AI (SOUN) Stock Soaring Today

Shares of voice AI technology company SoundHound AI (NASDAQ:SOUN) jumped 7% in the afternoon session after it experienced continued positive sentiment following the company's record second-quarter financial results reported in early August. The recent momentum follows a period where the stock has gained significantly, driven by the strong quarterly performance. In its last report, the voice AI company announced all-time high revenues of $42.7 million, which represented a growth of more than 200%