🔴 SKHX is trading 5% down today as AI spending concerns weigh on technology shares

SKHX is trading at $12.04, down -4.85%, as technology shares weaken; no SKHX-specific catalyst for the decline is established.

• SKHX is giving back part of its 26.41% October 28 jump.
• Bloomberg reported renewed worries over AI spending returns after disappointing results from Alphabet and Samsung; Reuters reported Nasdaq futures fell amid scrutiny of heavy AI investment.
• The Nasdaq was down 1.60% and the S&P 500 was down 0.54%.