🔴 Nasdaq-100 ETF (LQQ.PA) is trading 3.27% down amid AI-spending doubts and tech-share pressure

LQQ.PA is trading at €9.62, down 3.27%, amid doubts about returns on AI spending.

• The Nasdaq rose during the October 21 U.S. session, but weaker futures and tech-share pressure afterward point to a reversal in sentiment.
• Mixed megacap results, Tesla’s reduced capital-spending outlook and chip-stock weakness weighed on tech; rising oil and Saudi- and Iran-related tensions heightened risk aversion and inflation concerns.
• The precise timing of the quoted ETF move cannot be independently confirmed.