🔴 Tech ETF (SOXQ) is trading 2.3% down in after-hours trading as Alphabet’s earnings miss pressures tech

SOXQ is trading at $88.55, a -2.30% after-hours move as Alphabet’s earnings miss weighs on tech stocks.

• Alphabet’s weaker search advertising and $9.07 billion in negative free cash flow fueled concern about returns on AI spending.
• September PCE inflation was 3.6% year over year, adding rate-hike concerns; the Nasdaq also declined during Thursday’s session.
• Headwinds may pressure technology shares in the October 30, 2026 session; Microsoft’s strong results were a counterpoint. Trading volume details were unavailable.