VUG is trading at $88.02, down 1.57%, as mixed megacap results revived concerns about AI investment costs.

  • Nasdaq futures fell 1.75%; Tesla fell after cutting its 2026 capital-spending outlook, while Meta raised its AI spending plans, adding uncertainty for growth-oriented tech stocks.
  • Middle East tensions pushed Brent crude higher, compounding broader risk aversion; U.S. jobless claims were due at 8:30 a.m. ET.
  • The move aligns with tech-led weakness in the supplied October 22 event context.