ARKF is trading at $41.27, down 5.77%, as investors reassess risks of stricter AI oversight and slower data-center construction after Democrats won both congressional chambers.

  • Qualcomm fell after handset-chip sales missed expectations, while broader chip shares also declined.
  • The tech-heavy Nasdaq Composite was down 3.23% in the supplied market context, adding pressure to ARKF’s technology-focused holdings.
  • The decline followed the previous session’s rebound as election-related uncertainty returned to focus.