🟢 Tech ETF (CHAT) is trading 8.35% up in pre-market with no clear catalyst identified

CHAT is trading at $88.00, up 8.35%, in pre-market, with no clear catalyst identified for the move.

• U.S. futures and Asian technology shares were lower as investors questioned whether heavy AI spending will earn adequate returns.
• Meta’s higher AI-spending outlook and Tesla’s lower capital-spending forecast added to uncertainty; Gulf tensions and higher oil prices also weighed on risk sentiment.