🔴 SKYY is trading 1.8% down as inflation and AI-financing concerns pressure cloud stocks

SKYY is trading at $163.60, down 1.81%, as cloud and AI-linked stocks face pressure from inflation, borrowing costs and debt-financed AI infrastructure spending.

• The September CPI report raised concerns that rates may stay higher.
• Reports describe continued scrutiny of AI-cloud financing risks.
• No SKYY-specific announcement was identified; CoreWeave accounted for only 3% of SKYY’s assets, alongside broader software, networking and storage holdings.