LQQ.MI is trading at €9.96, down -3.34%, as hotter-than-expected September CPI revived concerns about higher-for-longer interest rates, weighing on growth and technology shares. - Inflation was 3.7% year over year, versus 3.6% expected. - AI infrastructure and chip stocks faced selling amid worries about debt-financed investment and financing risks, adding pressure to Nasdaq-linked exposure. - U.S. technology shares pared losses later in the session; available evidence points to a broad tech-sector and macro-driven move rather than an LQQ.MI-specific catalyst.