🔴 Eightco Holdings is trading 5.9% down in pre-market amid AI-spending concerns and higher oil prices

Eightco Holdings is trading 5.9% down at $0.76 in pre-market on October 22, with no clear company-specific announcement explaining the decline.

• Reuters reports renewed pressure on growth stocks amid AI-spending concerns and higher oil prices tied to Gulf tensions.
• The supplied market context shows the Nasdaq down 1.69% and the S&P 500 down 1.01%, consistent with a wider risk-off backdrop.