🔴 Growth ETF (GARY) is trading 1.68% down as AI spending doubts pressure tech shares

GARY is trading at $26.83, down 1.68%, as mixed megacap earnings revived doubts about AI spending and returns.

• Tesla’s reduced 2026 capital-expenditure forecast added pressure.
• Rising oil prices amid Middle East tensions hurt risk sentiment, while Nasdaq futures fell more than 1%.
• Information technology represents 47.7% of GARY, making the sector-led decline a clear catalyst; the supplied event describes the October 22 reversal.