XOVR is trading at $20.71, down 1.69%, as technology shares weakened after Alphabet’s earnings miss and heavy AI investment reignited concerns about returns and cash burn.

  • Nasdaq futures fell as investors weighed disappointing technology results; Microsoft’s stronger cloud growth offered only partial support.
  • Stronger-than-expected GDP and persistent PCE inflation added caution about rates and growth-stock valuations.
  • The broader market was lower, with technology and Nasdaq weakness most pronounced.