🔴 Growth ETF (QQQM) is trading 1.59% down in after-hours trading as tech earnings fuel AI-spending concerns

QQQM is trading at $289.86 (-1.59%) in after-hours trading versus the regular-session close, as Amazon and Intel fell after earnings and pressured technology stocks.

• Earlier, Alphabet’s earnings and $9.1 billion negative free cash flow heightened investor concerns about AI investment returns; technology shares and the Nasdaq were already under pressure.
• The move reflects sector-wide earnings and AI-spending concerns, not a QQQM-specific announcement.