🔴 Tech ETF (CHAT) is trading 2.38% down in after-hours trading as Alphabet’s miss revives AI-return fears

CHAT is trading at $79.11, down 2.38%, as Alphabet’s revenue miss and accelerated AI spending revived concerns about returns on AI infrastructure.

• Fortinet and ServiceNow results added pressure across software, while semiconductor shares also weakened.
• The Nasdaq Composite fell 2.32%; Microsoft’s strong results offered a partial counterpoint.
• The October 29 close was $81.04, down 2.68%; no after-hours volume data was provided.