🔴 Technology ETF (BULZ) is trading 4.27% down in pre-market amid Alphabet results and AI-spending concerns

BULZ is trading at $35.83, down 4.27%, as Alphabet’s disappointing results and heavy AI-spending concerns weighed on technology shares overnight.

• Alphabet fell more than 10% in extended trading; Nasdaq 100 futures dropped about 1.4%, despite gains in Microsoft.
• Investors also weighed weakness in Samsung shares.
• U.S. GDP and income-and-spending data are due at 08:30.