FTEC is trading at $286.56, down 1.81%, as investors question whether massive AI investments will deliver sufficient returns after mixed megacap results.
- Meta’s higher AI-spending outlook and Tesla’s reduced capital-spending forecast renewed pressure on the AI trade.
- Oil-price gains amid escalating Middle East tensions added to risk aversion, while technology shares led broader futures lower.
- No volume data was supplied, so trading activity level is unavailable.