Both SoundHound AI (NASDAQ: SOUN) and GitLab (NASDAQ: GTLB) are two mid-cap stocks that have shown some solid early success in AI. While they are different, SoundHound and GitLab are both software platforms using AI to grow their businesses.

Tomorrow, the BLS will publish its Consumer Price Index (CPI) report -- and the related read on inflation will likely spur big movement for stocks again. CPI reports have recently been even bigger market movers than the PPI reports, and investors will be looking to the report to weigh the macroeconomic backdrop for growth stocks.

Investors and traders looking for an opportunity to “Buy the Dip” on SoundHound shares should maintain a close watch on the $15 price. This price represents the next “psychological” trade level for the stock, followed by $12.5 which is where SoundHound’s bullish 50-day moving average resides.

Are SoundHound AI and Kaltura worth your investment? Check out why these AI stocks are making headlines and if they're a good fit for your portfolio.

SoundHound AI (NASDAQ: SOUN) stock was one of the market's biggest winners in 2024. The company's share price skyrocketed 835.8% across last year's trading, according to data from S&P Global Market Intelligence.