🔴 Large Blend ETF (SPMO) is trading 1.72% down today as Alphabet results revive AI-spending return concerns

SPMO is trading at $142.75, down -1.72%, as technology weakness led by disappointing Alphabet results revived concerns about returns on heavy AI spending.

• Samsung shares fell after results disappointed investors, while the Nasdaq declined 1.52%, underscoring sector-led weakness.
• Microsoft gains and strong SK Hynix results partly offset the broader tech pullback.
• Investors are watching GDP and PCE data after the Fed held rates steady.