🔴 TCAI is trading 2.33% down in pre-market amid global tech selling after hotter U.S. inflation

TCAI is trading at $41.45, down 2.33% in pre-market amid broad pressure on technology and AI-infrastructure stocks.

• Hotter-than-expected U.S. inflation raised worries that higher borrowing costs could weigh on AI investment.
• Nasdaq futures were down more than 1% as the global tech selloff deepened.
• No clear TCAI-specific announcement explaining the move was identified. The ETF also fell 6.75% in the October 14 regular session, according to the supplied price context.