🔴 Growth ETF (VUG) is trading 1.6% down today as Alphabet’s earnings miss pressures growth shares

VUG is trading at $87.39, down 1.60%, as Alphabet’s earnings miss and AI spending concerns drive tech-led selling.

• Alphabet’s two share classes together made up about 9.25% of VUG’s portfolio at September 30.
• The Nasdaq Composite was down 1.73% in the supplied market context; Thursday’s tech weakness was also tied to Alphabet’s results.
• Microsoft’s strong results offered support but did not offset pressure across growth-oriented technology shares.