SCHG is trading at $35.33 (-1.69%) as AI infrastructure-cost concerns weigh on growth shares.
- Tesla cut its 2026 capital-expenditure forecast, while Meta's funding plans heightened concern about AI infrastructure costs.
- Tech-heavy Nasdaq futures fell more than 1% as high-growth shares came under pressure.
- Escalating Middle East tensions and higher oil prices added to risk aversion and inflation concerns, broadening pressure across technology and growth stocks.