TQQQ is trading at $70.20 (-4.90%) as tech and semiconductor selling weighs on Nasdaq-linked stocks.
- Concerns about debt-financed AI infrastructure are adding to broader pressure across the AI sector; CoreWeave’s debt concerns are not a TQQQ-specific catalyst.
- Hotter-than-expected inflation has revived worries about further Fed tightening, which can pressure growth-stock valuations. These sector and rate concerns align with the supplied Nasdaq decline.