SoundHound's stock sinks as Nvidia sells off stake. What comes next?
Portfolio Pulse from
Nvidia has sold its stake in SoundHound and Serve Robotics, leading to a decline in the stock prices of both companies. This move is part of Nvidia's latest 13-F filing.
February 14, 2025 | 3:00 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
SoundHound's stock price has declined following Nvidia's decision to sell its stake in the company.
Nvidia's sale of its stake in SoundHound is a significant event, likely causing a negative sentiment among investors, leading to a drop in SoundHound's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
NEUTRAL IMPACT
Nvidia has sold its stakes in SoundHound and Serve Robotics, as indicated in its latest 13-F filing.
The sale of stakes in SoundHound and Serve Robotics by Nvidia is part of its portfolio management. This may not significantly impact Nvidia's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70