SPMO is trading at $142.38, up 2.56% in pre-market; the available evidence does not establish a specific cause for the gain.

  • Technology shares remained pressured by doubts that heavy AI infrastructure spending will generate returns soon. Meta’s spending outlook and weak cash flow, along with Tesla’s capex update, weighed on tech shares.
  • Overnight tech losses eased somewhat. Nasdaq 100 futures edged up 0.1%, while supplied market context showed Nasdaq futures up 0.15%.