SPMO is trading at $141.00, down 1.77%, as technology weakness reflects concern that AI infrastructure spending may take longer to generate returns. - Mixed reactions to Meta’s higher AI-spending outlook and Tesla’s reduced 2026 capex forecast weighed on megacap technology shares. - Renewed Gulf tensions lifted oil prices; Nasdaq futures fell more than 1%, adding to risk aversion. - Information technology accounts for 54.8% of SPMO’s stated sector allocation, making it a plausible leading driver of the ETF’s decline.