🔴 Large Blend ETF (SPMO) is trading 1.6% down in after-hours trading as AI concerns hit tech

SPMO is trading at $140.09 (-1.61%) in after-hours trading as doubts about returns on heavy AI investment weigh on technology shares.

• Alphabet’s revenue miss and negative AI-related cash flow renewed doubts. Disappointing results from Samsung added pressure on semiconductor sentiment, and software shares weakened.
• The Nasdaq fell, and chip stocks declined as investors reassessed AI spending. These concerns could weigh on information technology shares on October 30, 2026; Microsoft’s stronger results offered a counterpoint.