🔴 Nasdaq-100 ETF (QQQ) is trading 1.72% down as Alphabet’s negative cash flow revives AI-spending concerns

QQQ is trading at $713.91 (-1.72%) as Alphabet’s disappointing results and negative $9.07 billion free cash flow revived concerns about AI spending returns, weighing on tech-heavy Nasdaq futures. - Microsoft’s strong results provided a partial counterweight. - September PCE inflation at 3.6% heightened concerns about persistent price pressures and a possible December rate hike, adding pressure to growth stocks.