Future Investing
SoundHound Stock (SOUN, APP, ABNB) Earnings Call | Q3 2025 Breakdown
11/6/2025, 7:40:26 PM
Economic Summary
- Speakers argue the US still has a chance to lead in AI if the government facilitates growth by easing permits and regulatory approvals for data centers and projects, benefiting companies like NVDA, AMD, AMZN, and GOOGL.
- There is a clear stance against taxpayer-funded bailouts for private AI firms — if OpenAI or similar private companies fail, policymakers should not provide handouts, per David Sachs and the speaker.
- Market snapshot: a broad, earnings-driven sell-off hit many technology and growth names (examples: SOUN -8.6%, ABNB -1.6%, TTD -2.7%, OPEN -7.5%, AFRM -6.5%, PTON -6%), showing elevated volatility and downside pressure.
Bullish
- Government enabling permits and approvals can accelerate AI infrastructure buildout.
- Policy support (not bailouts) could help US firms like NVDA and AMD compete.
- Selective winners show resilience despite market weakness (e.g., DKNG, GRINDR).
Bearish
- No government bailouts for failing private AI firms could force painful market exits.
- Widespread earnings-driven sell-off across tech and AI-related names.
- Significant single-day declines in many growth stocks indicate heightened downside risk.
Bullish tickers
NVDAAMDAMZNGOOGLDKNGGRINDROPENAI
Bearish tickers
SOUNABNBTTDIRENOPENSQMPACHRSMRAFRMMNSTPTON
NVDA
Bullish
Viewed as a core AI winner that benefits from government facilitation of infrastructure.
Bearish
Exposure to competitive and regulatory risks in AI; could face volatility on policy shifts.
AMD
Bullish
Positioned to gain from increased AI hardware demand and supportive policy.
Bearish
Competition and market cyclicality could pressure growth despite AI demand.
AMZN
Bullish
AWS and AI investments benefit from easier permitting and infrastructure expansion.
Bearish
Large-scale cloud exposure could be hurt by macro or regulatory constraints.
GOOGL
Bullish
AI initiatives and scale make it a key beneficiary of supportive infrastructure policies.
Bearish
Regulatory scrutiny and competition in AI could weigh on growth.
OPENAI
Bullish
As a major AI player, its success supports broader AI ecosystem growth if allowed to scale.
Bearish
If OpenAI were to falter, there should be no expectation of government bailouts.
SOUN
Bullish
Not discussed as a strategic AI winner; limited upside narrative in transcript.
Bearish
Reported an 8.6% decline on the day, signaling short-term weakness around earnings.
ABNB
Bullish
No positive catalyst discussed in the transcript.
Bearish
Down 1.6% on the day, reflecting broader market weakness.
TTD
Bullish
No bullish case articulated in the transcript.
Bearish
Down 2.7% amid the selling pressure in tech names.
IREN
Bearish
Referenced as down 12.3%, indicating substantial adverse movement.
DKNG
Bullish
Noted up 1%, one of the few names showing intraday strength.
OPEN
Bearish
Down 7.5% on the day, reflecting earnings/market-driven selling.
SQ
Bearish
Down 3%, part of the broader tech decline.
MP
Bearish
MP Materials fell 5%, showing industrial/mining-related pressure.
ACHR
Bearish
Archer (ACHR) down 7%, reflecting sector-specific volatility.
SMR
Bearish
Marked as down 14%, indicating heavy selling.
AFRM
Bearish
Affirm declined 6.5% amid the day's broad tech weakness.
TTWO
Bearish
Reported almost flat, suggesting neutral sentiment.
MNST
Bearish
Monster down 2% in the market sell-off.
PTON
Bearish
Peloton down 6%, continuing pressure in consumer hardware names.
GRINDR
Bullish
Called out as up 2.6%, one of the rare gainers on the day.
People mentioned
David SachsAmit