SoundHound AI Is Plummeting Today -- Is the Stock a Buy Right Now?

Amid significant bearish pressures facing the broader market, SoundHound AI (NASDAQ: SOUN) stock is suffering a big valuation decline in Tuesday's trading. The conversational artificial intelligence (AI) company's share price was down 10.5% as of 3:15 p.m. ET. At the same point in the day's trading, the S&P 500 had fallen 0.8%, and the Nasdaq Composite was down 1.6%.SoundHound AI stock is rapidly losing ground today after Home Depot said that it will be raising prices on some of the products it sells as a result of tariffs. While that might not seem to have any immediate connection to the AI specialist's business, it raises some significant questions about the broader picture for the U.S. economy and valuations across the stock market. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool