SPYG is trading at $116.44, down 3.01%, as doubts over AI returns deepened a broad tech rout. - On October 30, Reuters said the S&P 500 information technology index fell 3.9%, its biggest drag; chipmakers were also under pressure. - Intel’s weaker outlook and Amazon’s heavy AI spending renewed doubts about when massive AI investments will pay off. - Alphabet’s record selloff in the prior session added strain on growth-heavy funds.