SES AI is trading at $0.76, down 16.54%, amid a technology-sector selloff linked to concerns about returns on heavy AI spending. - Reuters reported that concerns intensified after Amazon and Intel results, with technology stocks under pressure on October 30. - Technology (XLK) was down 5.63% during the regular session. - No company-specific announcement explaining the decline was identified; SES AI’s October 29 close was $0.91.