🔴 Growth ETF (QTOP) is trading 4.48% down as investors question AI spending returns

QTOP is trading at $35.73, down -4.48%, as concerns about returns on surging AI infrastructure spending weighed on technology shares.

• The S&P 500 information technology index fell 3.9%, making it the session’s biggest drag.
• Intel plunged after issuing weaker guidance; Amazon fell amid heavy AI spending and negative free cash flow.
• Alphabet’s prior-session selloff added to worries, and chipmakers also declined.