WQTM is trading at $32.49 (-1.68%) as technology shares pull back after Thursday’s AI-driven rally.
- Nasdaq futures are lower at the open. NVIDIA’s strong earnings and outlook remain supportive, but investors are trimming positions after the sector’s sharp advance.
- Uncertainty surrounding Fed Chair Kevin Warsh’s Jackson Hole remarks is limiting risk appetite for growth stocks.
- Mixed broader-market performance indicates weakness is concentrated primarily in technology rather than a broad market selloff.