🔴 Nasdaq-focused ETF (JEPQ) is trading 1.52% down as Alphabet’s AI spending revives doubts about returns

JEPQ is trading at $59.15, down 1.52%, as Alphabet’s earnings miss and heavy AI investment revived doubts about returns.

• Alphabet’s cash burn added to concerns, and its shares plunged, pressuring the Nasdaq.
• Q3 GDP grew 3.4%, while persistent PCE inflation may limit expectations for Fed easing.
• Samsung’s weaker guidance added semiconductor concerns; Microsoft’s stronger results offered some support. Trading is live; volume information was not provided.