🔴 Nasdaq-100 ETF (LQQ.MI) is trading 3.13% down as AI-linked stocks weaken

LQQ.MI is trading at €9.60 (-3.13%) as AI-linked stocks weighed on Nasdaq 100 futures.

• On October 20, higher oil prices also weighed on Nasdaq 100 futures as investors awaited earnings reports.
• CoreWeave and Nebius fell in premarket trading; Apple and Nvidia also faced pressure.
• The decline follows last week's AI infrastructure financing concerns and reflects sector-wide risk sentiment, not a reported LQQ-specific catalyst. Approaching Meta and Tesla results kept focus on AI-spending sustainability.