🟢 SQQQ is trading 5% up today as disappointing Alphabet results revive AI-spending worries

SQQQ is trading at $37.91, up 5.24%, as broader tech-market weakness appears to be driving gains.

• The 1.52% Nasdaq Composite decline is consistent with gains in SQQQ, an inverse Nasdaq-100 ETF.
• Alphabet’s disappointing results revived worries about AI spending; Reuters also reported Nasdaq futures fell amid mixed Big Tech earnings.
• No SQQQ-specific company catalyst was identified; the move appears tied to broader tech-market weakness.