US Stocks End Lower, AI Names Drop With SoundHound AI Down 6.98%

US Stocks End Lower, AI Names Drop With SoundHound AI Down 6.98%

N
News Editor
2026-08-11 01:00:10
According to data from MSX.COM cited by Odaily, the latest US stock-market session ended with modest declines across the major indices. The figures were published in an Odaily newsflash. The Dow Jones Industrial Average closed 0.11% lower, the S&P 500 slipped 0.06%, and the Nasdaq Composite lost 0.32%. The VIX volatility index, widely watched as a gauge of expected market turbulence, closed up 3.76%. AI-related stocks were broadly weaker. SoundHound AI fell 6.98%, Ambarella dropped 5.46%, Arm declined 5.21%, Astera Labs gave back 5.07%, and Marvell retreated 4.65%. All five AI-linked names finished in the red. The same Odaily report said MSX, a leading RWA trading platform, has listed hundreds of RWA tokens covering popular US stock and ETF products, including tokenized targets linked to Nvidia, GOOGL, MSFT, AMZN, META, TSM and AMD. The report did not specify a driver for the declines, and all percentage changes reflect closing data from MSX.COM.

Odaily's report, citing data from MSX.COM, said US equities finished the latest session with modest losses. The Dow Jones Industrial Average closed 0.11% lower, the S&P 500 slipped 0.06%, and the Nasdaq Composite lost 0.32%. The VIX volatility index, widely tracked as a gauge of market turbulence, rose 3.76%.

AI-related names were broadly in the red. SoundHound AI fell 6.98%, Ambarella dropped 5.46%, Arm declined 5.21%, Astera Labs lost 5.07%, and Marvell retreated 4.65%. All five AI-linked names ended the session lower.

The same Odaily report noted that MSX, described as a leading RWA trading platform, has listed hundreds of RWA tokens. These include tokenized exposure to Nvidia, GOOGL, MSFT, AMZN, META, TSM and AMD, as well as popular US stock and ETF token products. The report did not provide additional detail on trading volume or session drivers.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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