🔴 Nasdaq-100 ETF (LQQ.PA) is trading 3% down today as investors question AI spending returns

LQQ.PA is trading 3% down as renewed concerns that massive AI infrastructure spending may not generate sufficient returns pressure technology stocks.

• Strong forecasts from Western Digital and SanDisk failed to satisfy investors, prompting broader selling across semiconductor and AI-linked stocks.
• Technology-to-industrial rotation continues, while Middle East peace-deal uncertainty adds to a mixed risk backdrop; no single major macroeconomic release explains the decline.
• LQQ.PA’s daily two-times leveraged Nasdaq-100 exposure amplifies the index pullback.