Latest news with #2025NationalRestaurantAssociationShow
Yahoo
17-05-2025
- Business
- Yahoo
Clover Expands Commitment to the Restaurant Industry with the Launch of Clover Hospitality by BentoBox
Live from the 2025 National Restaurant Association Show, the Top-of-the-Line Solution Proves There's a Clover for Every Restaurant CHICAGO, May 17, 2025--(BUSINESS WIRE)--Clover, the world's smartest point-of-sale solution, under parent company, Fiserv, today announced the launch of Clover Hospitality by BentoBox at the 2025 National Restaurant Association (NRA) Show in Chicago, with a bold commitment to the industry and new tagline, There's a Clover for Every Restaurant. The solution, complete with new-to-market features designed to enhance the guest experience, marks an exciting step forward as Clover – already serving more than 125,000 restaurants – expands its offerings to better serve the hospitality industry. Clover's journey in the restaurant industry has been driven by a deep understanding of the challenges restaurateurs face, from day-to-day operations to evolving guest expectations. Its technology has supported a wide range of restaurants, from independent eateries to large franchises, and has helped businesses stay ahead of the curve with easy-to-use tools that integrate front-of-house and back-of-house operations. Clover Hospitality takes this commitment further, offering a solution that is built with the highest standards in mind to meet the specific needs of upper market restaurants. Designed with Restaurants in Mind Clover Hospitality is a customized point-of-sale system specifically engineered to meet the needs of upper market restaurants, blending advanced technology with exceptional hospitality. By combining industry-leading hardware, software, and payment technology, it empowers restaurant teams to deliver better service that drives profitability. As restaurants adapt to shifting diner behaviors – according to the National Restaurant Association's 2025 State of the Restaurant Industry report, 64% of full-service diners surveyed place value in the experience over the price – this brand-new technology provides a leg up in a multitude of ways, including streamlining back-of-house operations for a smooth shift, checkless payments for guests, and front-of-house notifications for a more seamless process with seating and turning tables. "Clover has always been a leader in the industry and understands the pain points that restaurants are facing and the opportunities that lie ahead," said Krystle Mobayeni, Senior Vice President, Head of Restaurants at Fiserv. "We believe that the right technology can propel restaurants forward, allowing them to take day-to-day challenges in stride. Whether its reducing check wait times, optimizing labor and table turns, or ensuring consistent connectivity, Clover Hospitality provides an all-in-one solution empowering both diners and restaurateurs to have a seamless, elevated experience." The Clover Hospitality technology includes omnicommerce capabilities from BentoBox – which was acquired by Fiserv in 2021 – and enables restaurants to build their online presence, diversify revenue, engage with diners while increasing operational efficiency through websites, ordering, reservations, marketing tools and more. With this launch, Clover is now able to support a broader range of restaurants, from small neighborhood spots to the world's most distinguished dining experiences. Knowing that cash-strapped operators continue to face greater challenges including restaurant expenses increasing by 26% since 2021, business loan interest rates reaching nearly 8% in 2024, and hourly earnings growing by 4% in 2024, Clover Hospitality will meet numerous needs of restaurant owners and operators while also easing some of the stressors. Friction-Free Dining with Checkless Payments Newly announced, Clover is continuing to actualize its commitment to trailblazing innovation in the industry through a unique new collaboration with Union Square Hospitality Group (USHG). The two have teamed up to launch Checkless Payments, an alternative payment solution that empowers diners to pay for their meal without the disruption of asking and waiting for the bill, ensuring a memorable, friction-free dining experience. This solution – imagined by Frank Bisignano, former Fiserv Chairman, CEO and President, and Danny Meyer, Executive Chairman and Founder of USHG – is currently being piloted in Manhatta, USHG's award-winning fine dining restaurant. The feature is available exclusively at USHG establishments, before being rolled out to restaurants leveraging the Clover Hospitality system. "USHG has always championed technology that enhances hospitality and advances touch," said Danny Meyer, USHG Founder & Executive Chairman. "With Checkless Payments, we finally have a solution to the least hospitable part of the dining experience: waiting for the check. Checkless Payments has the potential to create a new industry standard, allowing diners to seamlessly pay their bill digitally and leave when they're ready. Our team is proud to have partnered with Fiserv to make this vision a reality." Leveraging Technology to Enhance Genuine Hospitality During this year's NRA show, Clover hosted an insightful panel with industry leaders including Krystle Mobayeni, SVP, Head of Restaurants at Fiserv; Kelly Macpherson, Chief Technology Officer of Union Square Hospitality Group (USHG); Sean Feeney, co-founder for Grovehouse Hospitality Group; and Chef Sarah Grueneberg, Head Chef and Owner of Monteverde Restaurant & Pastificio, titled, "Wired for Hospitality: Crafting Meaningful Experiences in a Digital Age." In addition to announcing the launch of Clover Hospitality during the session, panelists explored the dynamic interplay between cutting-edge technology and the exceptional hospitality that keeps diners coming back. Together, they discussed how technology is revolutionizing operations, while preserving the warmth and emotional connection that make dining memorable. Attendees were also able to learn more about striking the perfect balance between efficiency and personalization to ensure that restaurants remain places of meaningful human interaction in a tech-driven future. To learn more about Clover Hospitality, visit and follow @clovercommerce on Instagram, X, Facebook, and LinkedIn. About Fiserv Fiserv, Inc. (NYSE: FI), a Fortune 500 company, moves more than money. As a global leader in payments and financial technology, the company helps clients achieve best-in-class results through a commitment to innovation and excellence in areas including account processing and digital banking solutions; card issuer processing and network services; payments; e-commerce; merchant acquiring and processing; and Clover®, the world's smartest point-of-sale system and business management platform. Fiserv is a member of the S&P 500® Index and one of Fortune® World's Most Admired Companies™. Visit and follow on social media for more information and the latest company news. FI-G View source version on Contacts Fiserv Media Relations: Alex EbanksVice President of Communications, Merchant Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
17-05-2025
- Business
- Yahoo
Clover Expands Commitment to the Restaurant Industry with the Launch of Clover Hospitality by BentoBox
Live from the 2025 National Restaurant Association Show, the Top-of-the-Line Solution Proves There's a Clover for Every Restaurant CHICAGO, May 17, 2025--(BUSINESS WIRE)--Clover, the world's smartest point-of-sale solution, under parent company, Fiserv, today announced the launch of Clover Hospitality by BentoBox at the 2025 National Restaurant Association (NRA) Show in Chicago, with a bold commitment to the industry and new tagline, There's a Clover for Every Restaurant. The solution, complete with new-to-market features designed to enhance the guest experience, marks an exciting step forward as Clover – already serving more than 125,000 restaurants – expands its offerings to better serve the hospitality industry. Clover's journey in the restaurant industry has been driven by a deep understanding of the challenges restaurateurs face, from day-to-day operations to evolving guest expectations. Its technology has supported a wide range of restaurants, from independent eateries to large franchises, and has helped businesses stay ahead of the curve with easy-to-use tools that integrate front-of-house and back-of-house operations. Clover Hospitality takes this commitment further, offering a solution that is built with the highest standards in mind to meet the specific needs of upper market restaurants. Designed with Restaurants in Mind Clover Hospitality is a customized point-of-sale system specifically engineered to meet the needs of upper market restaurants, blending advanced technology with exceptional hospitality. By combining industry-leading hardware, software, and payment technology, it empowers restaurant teams to deliver better service that drives profitability. As restaurants adapt to shifting diner behaviors – according to the National Restaurant Association's 2025 State of the Restaurant Industry report, 64% of full-service diners surveyed place value in the experience over the price – this brand-new technology provides a leg up in a multitude of ways, including streamlining back-of-house operations for a smooth shift, checkless payments for guests, and front-of-house notifications for a more seamless process with seating and turning tables. "Clover has always been a leader in the industry and understands the pain points that restaurants are facing and the opportunities that lie ahead," said Krystle Mobayeni, Senior Vice President, Head of Restaurants at Fiserv. "We believe that the right technology can propel restaurants forward, allowing them to take day-to-day challenges in stride. Whether its reducing check wait times, optimizing labor and table turns, or ensuring consistent connectivity, Clover Hospitality provides an all-in-one solution empowering both diners and restaurateurs to have a seamless, elevated experience." The Clover Hospitality technology includes omnicommerce capabilities from BentoBox – which was acquired by Fiserv in 2021 – and enables restaurants to build their online presence, diversify revenue, engage with diners while increasing operational efficiency through websites, ordering, reservations, marketing tools and more. With this launch, Clover is now able to support a broader range of restaurants, from small neighborhood spots to the world's most distinguished dining experiences. Knowing that cash-strapped operators continue to face greater challenges including restaurant expenses increasing by 26% since 2021, business loan interest rates reaching nearly 8% in 2024, and hourly earnings growing by 4% in 2024, Clover Hospitality will meet numerous needs of restaurant owners and operators while also easing some of the stressors. Friction-Free Dining with Checkless Payments Newly announced, Clover is continuing to actualize its commitment to trailblazing innovation in the industry through a unique new collaboration with Union Square Hospitality Group (USHG). The two have teamed up to launch Checkless Payments, an alternative payment solution that empowers diners to pay for their meal without the disruption of asking and waiting for the bill, ensuring a memorable, friction-free dining experience. This solution – imagined by Frank Bisignano, former Fiserv Chairman, CEO and President, and Danny Meyer, Executive Chairman and Founder of USHG – is currently being piloted in Manhatta, USHG's award-winning fine dining restaurant. The feature is available exclusively at USHG establishments, before being rolled out to restaurants leveraging the Clover Hospitality system. "USHG has always championed technology that enhances hospitality and advances touch," said Danny Meyer, USHG Founder & Executive Chairman. "With Checkless Payments, we finally have a solution to the least hospitable part of the dining experience: waiting for the check. Checkless Payments has the potential to create a new industry standard, allowing diners to seamlessly pay their bill digitally and leave when they're ready. Our team is proud to have partnered with Fiserv to make this vision a reality." Leveraging Technology to Enhance Genuine Hospitality During this year's NRA show, Clover hosted an insightful panel with industry leaders including Krystle Mobayeni, SVP, Head of Restaurants at Fiserv; Kelly Macpherson, Chief Technology Officer of Union Square Hospitality Group (USHG); Sean Feeney, co-founder for Grovehouse Hospitality Group; and Chef Sarah Grueneberg, Head Chef and Owner of Monteverde Restaurant & Pastificio, titled, "Wired for Hospitality: Crafting Meaningful Experiences in a Digital Age." In addition to announcing the launch of Clover Hospitality during the session, panelists explored the dynamic interplay between cutting-edge technology and the exceptional hospitality that keeps diners coming back. Together, they discussed how technology is revolutionizing operations, while preserving the warmth and emotional connection that make dining memorable. Attendees were also able to learn more about striking the perfect balance between efficiency and personalization to ensure that restaurants remain places of meaningful human interaction in a tech-driven future. To learn more about Clover Hospitality, visit and follow @clovercommerce on Instagram, X, Facebook, and LinkedIn. About Fiserv Fiserv, Inc. (NYSE: FI), a Fortune 500 company, moves more than money. As a global leader in payments and financial technology, the company helps clients achieve best-in-class results through a commitment to innovation and excellence in areas including account processing and digital banking solutions; card issuer processing and network services; payments; e-commerce; merchant acquiring and processing; and Clover®, the world's smartest point-of-sale system and business management platform. Fiserv is a member of the S&P 500® Index and one of Fortune® World's Most Admired Companies™. Visit and follow on social media for more information and the latest company news. FI-G View source version on Contacts Fiserv Media Relations: Alex EbanksVice President of Communications, Merchant Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
15-05-2025
- Business
- Yahoo
MOWI CP of Americas Launches "MOWI Signature" - An Accessible Premium Fresh Atlantic Salmon Norwegian & Scottish Line Designed for Food Service Professionals
Debuting at the 2025 National Restaurant Association Show in Chicago CHICAGO, May 15, 2025 /PRNewswire/ -- MOWI, a global leader in aquaculture and premium Atlantic salmon, is proud to announce the official launch of MOWI Signature in the US Market, a new salmon program dedicated exclusively to serving the food service market. The unveiling will take place at the 2025 National Restaurant Association (NRA) Show at Booth #4185 in Chicago. At MOWI farming chef-quality Atlantic salmon isn't just our business—it's our passion, backed by over 60 years of expertise. Crafted for food service professionals—from restaurant chains to independent chefs—MOWI Signature offers a premium yet accessible solution that delivers consistency, quality, and convenience in every cut. Premium Salmon, Tailored for the Professional KitchenSourced from our sustainable farms in Norway and Scotland, every MOWI Signature salmon is: Fresh, Never Frozen Global Sustainable Seafood Initiative (GSSI), meeting the highest global standards for responsibly farmed seafood. GSSI aligns global efforts and resources to address seafood sustainability challenges. Governed by a Steering Board representing the full seafood value chain – companies, NGOs, governments and international organizations, including the FAO – GSSI promotes sector-wide collaboration to drive forward more sustainable seafood for everyone and maintains a benchmarking tool to assess sustainability standards. Ready-to-Prep: Trimmed, cleaned, de-scaled, and de-boned—ideal for high-paced kitchen operations Weighing 4–8 kg, harvested at peak maturity for a firm texture, rich color, and a marbled, Omega-3-rich structure MOWI Signature offers consistency, quality and taste of fresh Atlantic salmon tailored specifically for the demands of the professional kitchen. Designed to inspire creativity and deliver consistency, our versatile selection empowers chefs to craft sophisticated, high-impact menus without compromise. "We're excited to bring the Mowi Signature line to market as a celebration of the variety and craftsmanship in salmon that our organization offers," said Joe Fidalgo, Managing Director at Mowi CP of Americas. Mowi. "Our Scottish and Norwegian salmon represent the best of our farming heritage and our vision for responsible aquaculture." Designed with Chefs in MindMOWI Signature is more than just great fish—it's a smart business decision. With most options of salmon that come with a price per pound that fluctuates depending on market value, Chefs struggle to maintain a more predictable cost of their menu in the restaurant when offering Salmon dishes. MOWI Signature is a game changer in this model as it works with foodservice chains and distributors on a fix cost under a specific tenured contract allowing a more predictable cost in the menu. Fixed Price Programs – consistent pricing for set periods, enabling chefs to plan menus with confidence. Catch or Variable Weight – offering flexibility on sizing with a set price by contract by weight, type of cut or origin. To further underscore its commitment to chefs, Mowi is proud to announce its participation in Informa's upcoming Chef Immersion Program, taking place June 23–25, 2025, at the University of Florida in Gainesville. This exclusive event brings together executive chefs from colleges and universities across the Southeast region for a hands-on, collaborative experience. Hosted by Informa, the Chef Immersion creates a dynamic environment for culinary leaders to cook, create, plan, and dine together, fostering innovation and inspiration alongside trusted business partners and culinary experts. As a participating brand, Mowi is honored to support this immersive event and engage with top-tier chefs in shaping the future of campus dining. Product Offerings Ready-To-Prep Trim D FilletsPremium pre-rigor fillets with skin-on or skin-off options, available from both Norway and Scotland. Cleaned and prepped to food service standards and meeting GSSI standard. Gourmet Ready-to-Cook Pre-CutsCustom pre-cuts developed with chef and customer specifications in mind—providing speed, consistency, and convenience in the kitchen without sacrificing quality. "As American consumers continue to increase their salmon consumption at home, restaurants must elevate the salmon experience to meet rising expectations. While dining out was once the primary setting for enjoying salmon, today's consumers are more familiar with preparing it themselves," said Diana Dumet, Sr. Director of Marketing at MOWI CP of Americas. "To truly impress, restaurants need to deliver a gourmet experience—offering specialized cuts, a compelling origin story, and emphasizing sustainability and standards. These elements are becoming essential in capturing the attention and palate of the modern salmon lover." Premium Origin, Signature Taste Mowi Signature Scottish Salmon: Renowned for its rich flavor and firm texture, this salmon is raised in the rugged Scottish Highlands, where strong tidal flows and clean waters create ideal growing conditions. Mowi Signature Norwegian Salmon: Mellow and buttery, this salmon comes from the icy fjords of Norway, raised under high animal welfare and environmental standards. Both products are raised with utmost care, certified by global sustainability standards, and traceable from sea to serving. Check out the new MOWI Signature video. Looking for Chef quality salmon? Video Here📍Launching at #NRA2025. Find out more at Booth #4185 A Legacy of ExcellenceWe have spent decades in perfecting our craftsmanship, developing our expertise and know-how to bring you the unique MOWI Signature 1964 we collected the first wild broodstocks from the Vosso and the Årøy rivers of Western Norway. It comes from the strong and robust strain of these 2 rivers giving one of the strongest and most resilient of bloodlines, which has been passed down from generation to generation. That was the beginning of the MOWI lineage that continues through our salmon DNA. "With MOWI Signature, we're combining our legacy of innovation with a deep understanding of the culinary world," said Robert Clark, Sr. Director of Sales at MOWI CP of Americas. "We've designed a product line that empowers chefs to serve memorable, high-quality salmon dishes—while maintaining consistency and control in their kitchens." Let's Build Something Delicious Together Sales Reps Wanted – Passionate about premium seafood? We want to hear from you. Restaurant Chains & New Partners Welcome – Discover tailored salmon solutions for your operation. Chef Collaborators – Partner with us and create signature dishes that shine with MOWI Signature salmon. For partnership opportunities, product inquiries, or to meet us at the NRA Show, email mowisignature@ About MOWI MOWI is the world's leading producer of sustainable farmed salmon, dedicated to delivering the highest quality seafood products with an unwavering commitment to environmental responsibility. With operations in over 25 countries, MOWI is at the forefront of sustainable aquaculture, producing premium salmon known for its exceptional flavor, texture, and nutritional value. Learn more about MOWI and its full range of products at For Media Inquiries:Kathryn Hudson-Melians Trade Marketing Manager MOWI CP of Americas Phone: 305-794-5420 Email: View original content to download multimedia: SOURCE Mowi USA Sign in to access your portfolio
Yahoo
15-05-2025
- Business
- Yahoo
MOWI CP of Americas Launches "MOWI Signature" - An Accessible Premium Fresh Atlantic Salmon Norwegian & Scottish Line Designed for Food Service Professionals
Debuting at the 2025 National Restaurant Association Show in Chicago CHICAGO, May 15, 2025 /PRNewswire/ -- MOWI, a global leader in aquaculture and premium Atlantic salmon, is proud to announce the official launch of MOWI Signature in the US Market, a new salmon program dedicated exclusively to serving the food service market. The unveiling will take place at the 2025 National Restaurant Association (NRA) Show at Booth #4185 in Chicago. At MOWI farming chef-quality Atlantic salmon isn't just our business—it's our passion, backed by over 60 years of expertise. Crafted for food service professionals—from restaurant chains to independent chefs—MOWI Signature offers a premium yet accessible solution that delivers consistency, quality, and convenience in every cut. Premium Salmon, Tailored for the Professional KitchenSourced from our sustainable farms in Norway and Scotland, every MOWI Signature salmon is: Fresh, Never Frozen Global Sustainable Seafood Initiative (GSSI), meeting the highest global standards for responsibly farmed seafood. GSSI aligns global efforts and resources to address seafood sustainability challenges. Governed by a Steering Board representing the full seafood value chain – companies, NGOs, governments and international organizations, including the FAO – GSSI promotes sector-wide collaboration to drive forward more sustainable seafood for everyone and maintains a benchmarking tool to assess sustainability standards. Ready-to-Prep: Trimmed, cleaned, de-scaled, and de-boned—ideal for high-paced kitchen operations Weighing 4–8 kg, harvested at peak maturity for a firm texture, rich color, and a marbled, Omega-3-rich structure MOWI Signature offers consistency, quality and taste of fresh Atlantic salmon tailored specifically for the demands of the professional kitchen. Designed to inspire creativity and deliver consistency, our versatile selection empowers chefs to craft sophisticated, high-impact menus without compromise. "We're excited to bring the Mowi Signature line to market as a celebration of the variety and craftsmanship in salmon that our organization offers," said Joe Fidalgo, Managing Director at Mowi CP of Americas. Mowi. "Our Scottish and Norwegian salmon represent the best of our farming heritage and our vision for responsible aquaculture." Designed with Chefs in MindMOWI Signature is more than just great fish—it's a smart business decision. With most options of salmon that come with a price per pound that fluctuates depending on market value, Chefs struggle to maintain a more predictable cost of their menu in the restaurant when offering Salmon dishes. MOWI Signature is a game changer in this model as it works with foodservice chains and distributors on a fix cost under a specific tenured contract allowing a more predictable cost in the menu. Fixed Price Programs – consistent pricing for set periods, enabling chefs to plan menus with confidence. Catch or Variable Weight – offering flexibility on sizing with a set price by contract by weight, type of cut or origin. To further underscore its commitment to chefs, Mowi is proud to announce its participation in Informa's upcoming Chef Immersion Program, taking place June 23–25, 2025, at the University of Florida in Gainesville. This exclusive event brings together executive chefs from colleges and universities across the Southeast region for a hands-on, collaborative experience. Hosted by Informa, the Chef Immersion creates a dynamic environment for culinary leaders to cook, create, plan, and dine together, fostering innovation and inspiration alongside trusted business partners and culinary experts. As a participating brand, Mowi is honored to support this immersive event and engage with top-tier chefs in shaping the future of campus dining. Product Offerings Ready-To-Prep Trim D FilletsPremium pre-rigor fillets with skin-on or skin-off options, available from both Norway and Scotland. Cleaned and prepped to food service standards and meeting GSSI standard. Gourmet Ready-to-Cook Pre-CutsCustom pre-cuts developed with chef and customer specifications in mind—providing speed, consistency, and convenience in the kitchen without sacrificing quality. "As American consumers continue to increase their salmon consumption at home, restaurants must elevate the salmon experience to meet rising expectations. While dining out was once the primary setting for enjoying salmon, today's consumers are more familiar with preparing it themselves," said Diana Dumet, Sr. Director of Marketing at MOWI CP of Americas. "To truly impress, restaurants need to deliver a gourmet experience—offering specialized cuts, a compelling origin story, and emphasizing sustainability and standards. These elements are becoming essential in capturing the attention and palate of the modern salmon lover." Premium Origin, Signature Taste Mowi Signature Scottish Salmon: Renowned for its rich flavor and firm texture, this salmon is raised in the rugged Scottish Highlands, where strong tidal flows and clean waters create ideal growing conditions. Mowi Signature Norwegian Salmon: Mellow and buttery, this salmon comes from the icy fjords of Norway, raised under high animal welfare and environmental standards. Both products are raised with utmost care, certified by global sustainability standards, and traceable from sea to serving. Check out the new MOWI Signature video. Looking for Chef quality salmon? Video Here📍Launching at #NRA2025. Find out more at Booth #4185 A Legacy of ExcellenceWe have spent decades in perfecting our craftsmanship, developing our expertise and know-how to bring you the unique MOWI Signature 1964 we collected the first wild broodstocks from the Vosso and the Årøy rivers of Western Norway. It comes from the strong and robust strain of these 2 rivers giving one of the strongest and most resilient of bloodlines, which has been passed down from generation to generation. That was the beginning of the MOWI lineage that continues through our salmon DNA. "With MOWI Signature, we're combining our legacy of innovation with a deep understanding of the culinary world," said Robert Clark, Sr. Director of Sales at MOWI CP of Americas. "We've designed a product line that empowers chefs to serve memorable, high-quality salmon dishes—while maintaining consistency and control in their kitchens." Let's Build Something Delicious Together Sales Reps Wanted – Passionate about premium seafood? We want to hear from you. Restaurant Chains & New Partners Welcome – Discover tailored salmon solutions for your operation. Chef Collaborators – Partner with us and create signature dishes that shine with MOWI Signature salmon. For partnership opportunities, product inquiries, or to meet us at the NRA Show, email mowisignature@ About MOWI MOWI is the world's leading producer of sustainable farmed salmon, dedicated to delivering the highest quality seafood products with an unwavering commitment to environmental responsibility. With operations in over 25 countries, MOWI is at the forefront of sustainable aquaculture, producing premium salmon known for its exceptional flavor, texture, and nutritional value. Learn more about MOWI and its full range of products at For Media Inquiries:Kathryn Hudson-Melians Trade Marketing Manager MOWI CP of Americas Phone: 305-794-5420 Email: View original content to download multimedia: SOURCE Mowi USA Sign in to access your portfolio
Yahoo
13-05-2025
- Business
- Yahoo
SoundHound AI (SOUN) – From Drive-Thru to Dashboard: SOUN Showcases Omnichannel Voice AI at NRA Show
We recently published a list of . In this article, we are going to take a look at where SoundHound AI, Inc. (NASDAQ:SOUN) stands against other AI stocks surging on news and ratings. According to Daniel Ives, global head of technology research at Wedbush Securities, the US- China agreement is once again creating a bull market environment for tech. 'If you are a tech investor, this is a dream scenario,' Ives noted on CNBC's 'Worldwide Exchange.' On Monday, the U.S. and China announced that they would temporarily reduce tariffs on each other for 90 days. Following the news, Wall Street's three major indexes surged sharply on the same day, with the S&P 500 marking its highest level since early March. READ ALSO: and The U.S. said it will cut tariffs imposed on Chinese imports to 30% from 145% while China said it would cut duties on U.S. imports to 10% from 125%. Investors saw this as a big positive surprise. 'It's a relief rally because there was a lot of anxiety and angst about tariffs between the U.S. and China. They are going to scale it down to much more reasonable levels so the fall-out from tariffs will probably be more manageable and limited.' Unfortunately, the rally in US stock futures paused as investors focused on a key inflation report and lingering economic concerns. 'The challenges are not over. The de-escalation was a lot stronger than even the best hopes, but you have to remember that the US economy still faces average of effective tariffs of more than 13%.' For this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds. The hedge fund data is as of Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A software engineer focused on a computer screen, writing code to create a conversational AI, Inc. (NASDAQ:SOUN) is a voice artificial intelligence company offering voice AI solutions to businesses. On May 13, the company announced that it will participate in the 2025 National Restaurant Association Show, set to take place from May 17-20 in Chicago, IL. SoundHound AI will be showcasing its end-to-end, omnichannel voice AI platform. The platform will demonstrate seamless ordering and support across front-of-house, back-of-house, and off-premise channels, comprising drive-thru, phone, kiosk, in-vehicle systems, and any other connected devices. The company will display its Dynamic Drive-Thru, presenting a live demo from Burger King UK, along with Smart Ordering, an AI-powered phone ordering solution. Other things on display include Smart Answering, a fully automated phone assistant, and Employee Assist, an AI coach that instantly answers to restaurant staff on the job. SoundHound AI will also showcase its groundbreaking in-car voice ecommerce platform, allowing customers to order takeout from their car's infotainment services. 'The National Restaurant Association Show is a key moment for us to demonstrate how voice AI is reshaping restaurant operations. From the drive-thru to behind the counter, and even behind the wheel, our solutions increase speed, sales, and employee and consumer satisfaction.' Overall, SOUN ranks 10th on our list of AI stocks surging on news and ratings. While we acknowledge the potential of SOUN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than SOUN but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
