🔴 Large Blend ETF (MTUM) is trading 5.43% down on October 30, 2026, amid AI return concerns

MTUM is trading at $282.32, down 5.43%, as a technology selloff intensified amid questions about returns on massive AI infrastructure spending.

• The S&P 500 information technology index was down 3.9% in intraday reporting; the broader market also fell, with technology losses steeper.
• Weak results and outlooks from Amazon and Intel, plus lingering concerns over Alphabet’s AI cash burn and search-advertising performance, intensified selling across technology and chip stocks.