🔴 Tech ETF (SOXQ) is trading 2.51% down in pre-market as Alphabet’s post-earnings selloff revives AI-return concerns

SOXQ is trading at $89.66 (-2.51%) as Alphabet’s post-earnings selloff revived concerns that heavy AI investment may not produce returns quickly enough.

• Microsoft’s strong cloud results offered a counterpoint.
• Samsung Electronics fell despite record earnings, renewing semiconductor-demand and profitability worries; tech weakness also appeared in Nasdaq futures.
• U.S. GDP and personal income and outlays data are due at 8:30 a.m., adding uncertainty before the open.