Datavault AI Inc(NASDAQ:DVLT) shares are trading lower on Wednesday afternoon, slipping alongside a broader pullback in U.S. equities, even after the company announced a new partnership with Fintech.TV to launch its patented AI media-rating technology.
Wall Street was on the defensive as weakness in technology and financial stocks weighed on the major averages. The Nasdaq-100 fell over 1% intraday, with semiconductor names such as Broadcom, Oracle and Nvidia under pressure, while bank stocks slid after earnings from large lenders. Energy shares were a rare bright spot as crude oil climbed for a sixth straight session.
The S&P 500 and Dow Jones Industrial Average also moved lower, and the CBOE Volatility Index ticked higher as investors stayed cautious ahead of a Supreme Court ruling on the legality of President Donald Trump's tariffs.
Against that risk-off backdrop, Datavault AI failed to hold early gains following its morning press release. The company said it is integrating a patented content-detection and real-time bias-meter system into Fintech.TV programming, using its ADIO inaudible-tone technology to power interactive polling and audience analytics.
The tools are designed to boost viewer engagement and open new data-monetization opportunities across the fintech media market.
While the announcement underscores Datavault AI's efforts to commercialize its Web3-enabled data and acoustic technologies, traders appeared more focused on macro headwinds on Wednesday, leaving Datavault AI shares weaker amid broad-based selling in growth and AI-linked names.
Benzinga Edge Rankings
Benzinga Edge data shows Datavault AI carries a bearish price trend across all time frames, with short-, medium- and long-term trends all flashing negative signals.
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