SQQQ is trading at $39.70 (+4.94%) after hours, consistent with pressure on Nasdaq-linked technology shares.

  • Reuters reported the Nasdaq fell 1.37% on October 29 as Alphabet’s revenue miss and accelerated AI-related cash burn weighed on investors.
  • Amazon fell 6.5% in extended trading after disappointing fourth-quarter sales guidance, adding to tech-sector weakness.
  • SQQQ is an inverse Nasdaq-100 ETF responding to broader market sentiment, not a company-specific catalyst; no after-hours volume data was provided.