🔴 Mid-Cap Growth ETF (ARKQ) is trading 3.77% down in pre-market amid concerns over AI returns

ARKQ is trading at $112.26, down 3.77%, as technology-sector weakness weighs on shares.

• Alphabet fell over 10% pre-market after disappointing results and rising AI spending revived concerns about returns on AI investment; Nasdaq futures dropped about 1%.
• Samsung’s chip outlook and earnings concerns added pressure to global technology shares, while investors awaited U.S. GDP and inflation-related data.
• The move aligns with a broader tech selloff; ARKQ’s own pre-market volume and holding-level contributions are unavailable.