🔴 Naspers is trading 4.3% down today amid a global tech selloff and AI spending concerns

Naspers is trading 4.3% down at ZAc 84,000 as the stock tracks a broader global tech selloff and shifting risk-off market sentiment.

• The move appears aligned with international trends following rising concerns about AI-related capital spending and geopolitical tensions.
• The decline follows a volatile week for the share price, which has been characterized by several large swings.
• There is no fresh, company-specific news or earnings catalyst reported for the July 17–19 period to account for the move.