🔴 Tech ETF (CHAT) is trading 2.66% down as AI spending revives return concerns

CHAT is trading at $81.06, down 2.66%, as Alphabet’s weaker results and heavy AI spending revived concerns about returns, weighing on technology shares. - Samsung’s chip-profit miss and disappointing Fortinet and ServiceNow results added pressure across semiconductors and software. - September PCE inflation was 3.6% year over year, reinforcing rate concerns; Microsoft’s results offered some support. - The selloff reflects broader tech-sector weakness, not a single-company move.