ARKQ is trading at $111.42, down -3.82%, as hot inflation strengthened expectations for higher-for-longer rates. - September CPI rose 3.7% year over year, above the 3.6% forecast, weighing on growth stocks. - Global technology and AI selling spread, with Asian markets falling and Nasdaq futures sliding; higher borrowing costs particularly concern capital-intensive firms. - ARKQ’s technology and industrial exposure leaves it vulnerable; evidence points to macro and sector pressure, not a distinct ARKQ-specific catalyst.