SoundHound AI and Palantir Technologies see major stock gains and strong growth prospects for 2025

SoundHound AI and Palantir Technologies have seen significant stock price increases in 2024, with gains of 539% and 322%, respectively. Both companies are expected to continue outperforming the S&P 500 in 2025 due to their strong market positions and revenue growth. SoundHound has expanded from automotive voice recognition to various sectors, projecting an 83% revenue increase in 2024 and 96% in 2025. Its partnerships with major brands enhance its competitive edge in the enterprise AI market. Palantir's revenue from U.S. commercial clients grew 54% year over year in Q3 2024, supported by its new AI platform. The company maintains a strong financial position, with over $4.6 billion in cash, positioning it well for future growth in enterprise AI.