🔴 Growth ETF (XOVR) is trading 4.63% down as AI spending concerns pressure technology stocks

XOVR is trading at $19.82, down 4.63%, as concerns about AI infrastructure spending and timely returns pressured growth stocks. - Amazon and Intel earnings and outlooks intensified concerns about cash burn and AI buildout costs; Alphabet’s prior-session selloff added pressure. - The Nasdaq Composite fell 2.84%, reflecting broad technology weakness. These sector and market pressures align with XOVR’s decline; specific ETF volume or trading-activity data was not provided.