🔴 AIPI is trading 1.76% down in pre-market as hotter-than-expected U.S. inflation renewed rate concerns

AIPI is trading at $35.81, down 1.76%, amid broad pressure on technology and AI shares after hotter-than-expected U.S. inflation renewed concerns about interest rates.

• Reuters reported a deepening AI-stock selloff across Asian markets and Nasdaq futures down more than 1% on October 15.
• No clear AIPI-specific catalyst was identified. The fund’s $0.2510 distribution is payable October 15; its ex-dividend date was October 14.