🔴 HUGE.AX is trading 3.2% down today as AI capex concerns and trade risks weigh on tech

HUGE.AX is trading 3.2% down today as investors reassess AI-related capital spending and global trade risks.

• Alphabet’s post-earnings AI capex shock and broader Nasdaq weakness have weighed on mega-cap tech holdings within the Solactive Magnificent 7+ Index.
• New US tariffs on major trading partners are adding to risk-off sentiment toward globally exposed growth stocks.