SoundHound's $1.35B Trading Volume Surges to 65th Rank Amid AI Expansion

On October 3, 2025, SoundHound (SOUN) saw a trading volume of $1.35 billion, ranking 65th among listed equities. The stock closed 0.06% higher, reflecting modest momentum amid broader market volatility. Analysts noted that the volume surge outpaced recent averages, suggesting renewed institutional interest in the AI-driven voice recognition firm.

Recent developments highlight SoundHound’s strategic pivot toward enterprise AI solutions, with a focus on integrating its voice technology into automotive and smart home ecosystems. The company announced a partnership with a major European automaker to develop in-car voice assistants, a move expected to expand its revenue base beyond consumer software. This shift aligns with growing demand for AI-driven user interfaces in hardware sectors.

Market participants also observed increased short-term trading activity ahead of a scheduled product launch. While the company has not provided earnings guidance, third-party estimates suggest potential upside from subscription-based revenue models. Technical indicators show the stock has remained within a narrow range for three consecutive weeks, with key resistance levels near $X.XX.

To run this back-test accurately I need to clarify a few details: 1. Market universe – Do you want the U.S. listed stocks (NYSE + NASDAQ) or another market? 2. Ranking time stamp – Should the “top 500 by daily trading volume” be determined using: • that day’s closing volume (trade at next day’s open), or • the same day’s intraday volume and trade at that day’s close? 3. Trade price – Enter at the open or close? (“Buy at today’s close, sell at tomorrow’s close” is common for 1-day holds.) 4. Transaction costs / slippage – Include any, or ignore? 5. Benchmark (optional) – Would you like the results compared with an index such as the S&P 500? Once I have these details I can set up the data retrieval and run the back-test.