QTUM is trading at $140.63, down -2.34%, as Alphabet’s revenue miss and sharply negative free cash flow renewed doubts about returns on heavy AI investment.
- Tech shares weakened, with Nasdaq futures down about 1.3% premarket.
- Samsung’s outlook disappointed investors despite strong AI-memory demand and record profit; Microsoft’s earnings beat offered some counterweight.
- The Fed held rates steady as investors awaited PCE inflation data.