SKYY is trading at $163.24, down 2.03%, as concerns over the cost and returns of AI infrastructure spending weigh on technology stocks.

  • Reuters reported Nasdaq futures fell more than 1% amid those concerns.
  • Rising oil prices added to weaker market sentiment; Reuters reported Brent crude climbed more than 3% to $112 a barrel.
  • No clear SKYY-specific company catalyst was identified; the move appears tied to wider sector and market pressures.