NVDY is trading 3.6% down at $12.01 as AI-linked assets weaken across the market.
- Reuters reported warnings from leading AI executives about slowing development pushed Nasdaq futures lower.
- Nvidia shares fell more than 2% premarket, pressuring NVDY through its Nvidia-linked strategy.
- Broader risk sentiment weakened: Nasdaq Composite down 0.89% and S&P 500 down 0.59%.