🔴 SKYY is trading 1.51% down in pre-market as AI infrastructure concerns weigh on tech

SKYY is trading at $164.12, down 1.51%, as its cloud-computing holdings face a broader tech selloff.

• Investors renewed concerns about the cost and returns of AI infrastructure spending.
• Nasdaq futures fell more than 1% after Tesla and Meta results did little to ease those concerns.
• Higher oil prices and Middle East tensions added to risk-off sentiment; no clear SKYY-specific announcement explaining the move surfaced in the search.