🔴 SKYY is trading 2.95% down in pre-market as investors question AI infrastructure costs and profitability

SKYY is trading 2.95% lower at $159.47 before the October 23, 2026 open amid questions about the cost and profitability of major AI infrastructure investments.

• No company-specific announcement surfaced.
• Selling has spread across cloud operators and related technology companies, a sector backdrop consistent with the ETF’s pre-market decline.
• The previous session’s news also cited AI spending concerns and weaker technology-market sentiment. Pre-market volume or activity data was unavailable, so trading activity cannot be assessed.