Shares of SoundHound AI increased nearly 9% in overnight trading after the company reported better-than-expected fourth-quarter financials and raised its revenue outlook for the year.

SoundHound reported a fourth-quarter adjusted loss of 5 cents a share on revenue of $34.5 million. Analysts surveyed by FactSet were expecting a loss of 8 cents a share on revenue of $33.7 million. On a non-adjusted basis, SoundHound posted a loss of 69 cents a share, compared with the consensus call for a loss of 10 cents.

In the same period a year earlier, the AI sound tech company posted an adjusted loss of 4 cents a share on revenue of $17.1 million.

"It was a record quarter -- strongest quarter in our history," Chief Executive Keyvan Mohajer said in an interview with Barron's.

SoundHound also said it now expects 2025 revenue to be between $157 million to $177 million, compared with previous guidance of $155 million to $175 million. Wall Street expected 2025 revenue of $165.3 million.

Rocket Lab shares fell 11% in overnight trading Thursday after the space-launch company topped Wall Street's fourth-quarter revenue estimates but gave a weaker-than-expected first-quarter outlook. The company also announced a new satellite that it said will help it achieve its goal of operating large constellations.

The Long Beach, Calif.-based company $(RKLB)$ said that the "Flatellite" satellites can be produced in high volumes and tailored for large constellations. During a call to discuss the fourth-quarter results, Rocket Lab Chief Executive Peter Beck described Flatellite as a "bold, strategic" move. The satellite, he explained, is part of Rocket Lab's goal of becoming an "end-to-end space company" and operating its own constellations.

Dell stock fell 1% in overnight trading. Dell Technologies Inc. is seeing its backlog swell thanks to new deals with xAI, Elon Musk's artificial-intelligence company, and other AI players.

While Dell ended its fiscal year with a $4.1 billion backlog for AI servers, its backlog is now at $9 billion, and the company is aiming to ship $15 billion in AI servers this year.

"Our prospects for AI are strong, as we extend AI from the largest cloud-service providers, into the enterprise at-scale, and out to the edge with the PC," Chief Operating Officer Jeff Clarke said in a release Thursday.

Some China ADRs and ETFs fell in overnight trading. XPeng fell 4%; NIO, Li Auto fell around 3%; , YINN fell 2.6%; Alibaba fell over 1%. US President Donald Trump said he would impose an additional 10% tax on the Asian nation’s imports, a development that adds to investors’ worries about intensifying trade tensions.

Language learning app Duolingo, Inc. forecast annual revenue above Wall Street expectations on Thursday, anticipating a stronger adoption of its subscription tier featuring artificial intelligence capabilities.

The Pittsburgh, Pennsylvania-based company's shares were down about 7% in overnight trading.