🔴 THNQ is trading 5% down in after-hours trading as AI-spending concerns weigh on technology stocks

THNQ is trading at $86.41 (-4.70%) after hours as AI-spending concerns weighed on technology and semiconductor stocks.

• The after-hours context shows the larger move developed after the $91.08 regular-session close.
• Alphabet’s results renewed doubts about AI investment returns; Samsung results weakened sector sentiment. Reuters reported reassessment of big tech’s AI spending drove the broader tech sell-off.
• As an AI-focused ETF, THNQ’s decline is consistent with sector pressure; no THNQ-specific announcement was identified.