🔴 Tech ETF (CHAT) is trading 2.44% down in pre-market after Alphabet sales miss, negative cash flow

CHAT is trading at $81.24, down 2.44%, as Alphabet’s weak results revived concerns about returns on heavy AI spending.

• Alphabet fell about 10% after hours following weaker-than-expected sales and negative free cash flow.
• Microsoft’s stronger cloud results offered limited support, while Samsung shares slid after its results and shareholder-return update disappointed investors.
• Nasdaq futures were down about 1.3%; GDP and personal income and outlays data were scheduled for 8:30 a.m. ET.