🔴 Technology ETF (BULZ) is trading 3.55% down as AI infrastructure debt concerns pressure tech shares

BULZ is trading at $35.31, down 3.55%, as debt concerns around AI infrastructure weigh on technology shares.

• A failed Elice data-center IPO in South Korea and CoreWeave’s retreat kept AI-trade and credit risks in focus amid elevated borrowing costs.
• JPMorgan said bank exposure to CoreWeave was limited, offering some reassurance but not reversing pressure on AI-linked shares.
• The Nasdaq fell 0.60% in the supplied market context, suggesting weakness was sector-led rather than unique to BULZ.