WQTM is trading at $26.33 (-6.25%) as investors questioned whether massive AI infrastructure spending will deliver adequate returns, pressuring technology shares.

  • Amazon’s spending and cash-flow concerns and Intel’s weak outlook intensified the selloff; Alphabet’s earlier results added pressure.
  • The S&P 500 information technology index was down 3.9%; the Nasdaq was down 2.84% in the supplied market context.