🔴 Mid-Cap Growth ETF (ARKQ) is trading 6.31% down amid AI valuation and data-center oversight concerns

ARKQ is trading at $100.73, with a -6.31% change, as investors reassess AI-related valuations and potential oversight that could slow data-center construction, pressuring its industrial and technology exposure after Democrats won both chambers of Congress.

• AI- and data-center-linked stocks fell broadly, including in Asia.
• Qualcomm fell after smartphone-chip sales missed expectations; AI-infrastructure spending concerns weighed on chip stocks.
• The broader market is sharply lower; supplied price context includes no ARKQ volume data.