TQQQ is trading at $68.28, down 4.93%, as Nasdaq-100 futures and technology shares sell off following calls from major AI leaders to slow advanced-model development.

  • Chip stocks and other growth holdings are leading the decline.
  • Higher oil prices near $108 after Middle East supply disruptions are reinforcing inflation concerns.
  • Markets price roughly an 87%–90% chance of a Federal Reserve rate hike on September 16, pressuring rate-sensitive growth stocks.