🔴 Large Growth ETF (IUSG) is trading 24.12% down in after-hours trading on AI software disruption concerns

IUSG is trading at $144.88 (-24.12%) as GPT-6 Astra renewed disruption concerns for software stocks.

• Salesforce, ServiceNow, and Intuit weakened, while Intel and Qualcomm rallied on AI-chip developments involving Amazon.
• Rising oil prices after Middle East attacks increased inflation and Federal Reserve rate-hike concerns, pressuring growth valuations.
• The Nasdaq Composite rose 0.36%, while the S&P 500 fell 0.56%.