WQTM is trading at $26.88, up 2.10%, as U.S. futures rebounded, with Nasdaq futures up 0.72%, supporting a recovery after Friday’s tech selloff.
- Investors are reassessing AI spending concerns ahead of Apple’s earnings; those concerns weighed on major technology shares last week.
- Chip stocks were mixed in Asia: SK Hynix and Samsung rose, while TSMC fell.
- China’s manufacturing PMI fell to 49.3, a weaker macroeconomic signal.