🔴 Growth ETF (PWB) is trading 1.84% down as debt-funded AI spending faces return doubts

PWB is trading at $153.49, with a -1.84% change as technology weakness and doubts about debt-funded AI returns weigh on chip and AI-linked stocks.

• CoreWeave’s roughly $50 billion debt load has amplified concerns over whether debt-funded AI infrastructure spending can generate sufficient returns.
• Hotter-than-expected inflation has revived expectations of further Fed tightening, a headwind for growth stocks.
• PWB’s 49.0% technology exposure fits these concerns; ASML’s record sales and AI-demand outlook are a counterpoint, not an evident cause of the decline.