🔴 Tech ETF (WQTM) is trading 2.47% down today as AI infrastructure debt raises return concerns

WQTM is trading at $28.09, down 2.47%, as concerns about debt-funded AI infrastructure spending weigh on technology shares.

• CoreWeave’s borrowing burden is a prominent concern, with worries spreading to AI-linked and semiconductor stocks.
• Hotter-than-expected inflation has revived fears that interest rates may stay higher for longer, pressuring growth stocks. The broader market is lower, with the Nasdaq’s larger decline pointing to particular weakness in technology.
• ASML’s record sales and strong AI demand offer a counterpoint but have not offset sector-wide concerns.