🔴 Tech ETF (CHAT) is trading 2% down as AI-linked shares and oil pressure tech

CHAT is trading at $78.69, down -2.07%, as renewed weakness in AI-linked shares pressured technology stocks.

• Reuters reported the pullback as investors prepared for major earnings; CoreWeave and Nebius were notable premarket decliners, while Apple and Nvidia also fell.
• A rebound in oil prices, linked to geopolitical risk, added pressure to Nasdaq futures.
• Investors also focused on AI-infrastructure financing concerns; JPMorgan said banks’ exposure to CoreWeave debt posed limited risk.