LQQ.MI is trading at €9.50, with a -4.35% change, as Nasdaq-100 weakness followed renewed concern that major technology firms’ AI spending may be costly and slow to pay off.
- Meta shares fell 7.0% after its results and higher AI investment plans; Tesla also declined, while semiconductor stocks added pressure.
- Reports of damaged tankers in the Strait of Hormuz drove oil higher, adding geopolitical and inflation concerns to an already cautious market.