QQQH is trading 2.38% down at $52.79, alongside a broad technology selloff. - The Nasdaq Composite was down 2.48% by 11:52 a.m. ET as investors reacted to Amazon’s AI spending plans and Intel’s cash-burn warning. - Reuters reported concerns about AI infrastructure costs and return timelines; technology shares were the biggest drag on the S&P 500. - No QQQH-specific catalyst has been identified; its October 29 after-hours jump does not explain the decline.