🔴 SKYY is trading 14.52% down in pre-market as AI regulation fears pressure tech stocks

SKYY is trading at $133.33, down 14.52% in pre-market as concerns about tighter AI regulation and disruption to data-center investment prompt selling in AI-linked stocks.

• Reuters reported the Democrats’ congressional sweep stoked those concerns; as a cloud-computing ETF, SKYY is exposed to the industry-wide sentiment.
• No specific SKYY announcement or fund-level catalyst was identified.
• Major U.S. indices were modestly higher, suggesting the decline is more consistent with technology-sector risk than a broad-market selloff.