WQTM is trading at $28.10, up 2.74%, rebounding after the prior session’s 4.37% decline; the specific catalyst remains unclear. - Technology shares remain pressured by concerns about returns on AI infrastructure spending, Meta’s higher spending outlook, and Lam Research’s cautious guidance. - Higher oil prices amid Strait of Hormuz tensions are adding risk-off and inflation concerns, while U.S. index futures are modestly lower. - Friday’s PMI releases and consumer sentiment reading are ahead.