🔴 Tech ETF (WQTM) is trading 3.54% down in pre-market as Alphabet’s results renew AI-return doubts

WQTM is trading at $27.01, with a -3.54% change, as Alphabet’s disappointing results and heavy AI spending renewed doubts about returns.

• Amazon fell 7.3% and Intel plunged 23% after hours, intensifying the sector selloff and pushing Nasdaq futures lower.
• Asian technology markets also slid amid AI investment concerns; no major U.S. economic releases were listed for October 30.