CHAT is trading at $82.00, down 3.11%, as September CPI rose 3.7% year over year, above the 3.6% forecast, reviving higher-rate concerns and weighing on growth stocks.
- A global technology and semiconductor selloff deepened overnight: South Korea’s Kospi fell sharply, Japan’s Nikkei tumbled, and Nasdaq futures were lower.
- Chip weakness and worries about AI investment added pressure to the sector. U.S. PPI and retail sales due at 08:30 are additional near-term catalysts.