🔴 Technology ETF (HUMN) is trading 3.73% down on October 29 as AI investment revives return concerns

HUMN is trading at $28.14, with a -3.73% change, as Alphabet’s earnings miss, negative free cash flow and heavy AI investment revived concerns about returns across technology stocks.

• Weak Nasdaq futures reflected sector pressure, while Microsoft’s stronger results offered only partial support.
• September PCE inflation was 3.6% year over year, and cautious rate expectations added macro pressure; the supplied context does not establish their precise intraday impact.