SoundHound and Serve Robotics Are Dropping Like a Rock -- Why Nvidia Was the Catalyst

SoundHound (NASDAQ: SOUN) was one of the hottest stocks on the market in late 2024, and a big reason was Nvidia's (NASDAQ: NVDA) stake in the company. But we learned recently that Nvidia had sold its stake in SoundHound and some other high-flying stocks, which Travis Hoium discusses in this video.

*Stock prices used were end-of-day prices of Feb. 16, 2025. The video was published on Feb. 18, 2025.

Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More »

Don’t miss this second chance at a potentially lucrative opportunity

Ever feel like you missed the boat in buying the most successful stocks? Then you’ll want to hear this.

On rare occasions, our expert team of analysts issues a “Double Down” stock recommendation for companies that they think are about to pop. If you’re worried you’ve already missed your chance to invest, now is the best time to buy before it’s too late. And the numbers speak for themselves:

• Nvidia: if you invested $1,000 when we doubled down in 2009, you’d have $361,026!*
• Apple: if you invested $1,000 when we doubled down in 2008, you’d have $46,425!*
• Netflix: if you invested $1,000 when we doubled down in 2004, you’d have $562,659!*

Right now, we’re issuing “Double Down” alerts for three incredible companies, and there may not be another chance like this anytime soon.

Learn more »

*Stock Advisor returns as of February 3, 2025

Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nebius Group, Nvidia, and Serve Robotics. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.