🔴 Terawulf is trading 4.1% down today as AI spending concerns weigh on data-center stocks

Terawulf is trading 4.06% down now at $12.88 as concerns about AI infrastructure spending weighed on data-center and neocloud stocks.

• Reports said Microsoft’s capex came in below analyst estimates, while Alphabet’s earnings and negative free cash flow intensified scrutiny of AI investment returns.
• The broader technology market was weaker, with the Nasdaq down 1.63%.
• Bitcoin was down 1.18% and Ethereum down 1.88% since the prior close; both declines added crypto-market pressure but were smaller than Terawulf’s move.