🔴 Tech ETF (XSD) is trading 2.1% down in after-hours trading as Alphabet results renew AI-spending concerns

XSD is trading at $472.29, down 2.06%, as after-hours weakness follows Alphabet’s disappointing results and renewed concerns about returns on AI spending.

• Alphabet missed revenue expectations and reported negative free cash flow.
• Samsung’s results and profit outlook disappointed investors, weakening semiconductor sentiment and weighing on memory-chip stocks.
• Amazon, Intel, and SanDisk earnings after the October 29 close add uncertainty for October 30 trading. XSD’s decline is consistent with these pressures; no volume data was provided.