🔴 Tech ETF (SPTE) is trading 1.84% down in pre-market as AI investment doubts pressure technology shares

SPTE is trading at $46.97 (-1.84%) in pre-market as doubts about returns on heavy AI investment weigh on technology shares.

• Amazon fell 7.3% and Intel 23% after hours; Alphabet’s earlier earnings-driven slide added pressure.
• Nasdaq-100 futures fell about 2% in a sector-led risk-off move, as Asian technology markets weakened.
• No major U.S. economic release was due before the open; earnings and AI-spending concerns appear to be the main catalysts.