FTEC is trading at $283.48 (-1.92%) as AI-safety concerns intensified after major industry leaders urged slower advanced-model development, pressuring AI-linked technology stocks.
- Nasdaq futures fell roughly 1.5%, with semiconductor shares among the weakest; rising oil and geopolitical risk added broader pressure.
- The move is sector-led and amplified by the broader market decline, with the Nasdaq Composite down 1.49%.