🔴 Technology ETF (XLK) is trading 1.84% down in after-hours trading after Alphabet and Amazon missed estimates

XLK is trading at $185.25 (-1.84%) in after-hours trading as mega-cap earnings misses and AI-investment concerns weigh on technology shares.

• Alphabet shares fell after results missed expectations; heavy AI spending and negative free cash flow heightened investor concerns.
• Amazon also missed quarterly revenue and earnings estimates, adding pressure despite strong AWS growth.
• Reports weighed on technology shares amid broader risk-off trading; the quoted XLK after-hours move is from the provided price context.