🔴 iShares Expanded Tech-Software Sector ETF is trading 1.73% down today as Oracle's AI spending plans spark margin concerns

iShares Expanded Tech-Software Sector ETF is trading at $90.00 (-1.73%) as software shares face pressure following Oracle's AI spending plans.

• Oracle's heavy capital expenditure outlook raised concerns regarding profit margins and potential dilution, weighing on the broader software sector.
• The decline follows a tech rotation tied to higher inflation data, firmer interest rate expectations, and weakening Nasdaq sentiment.
• The fund’s software-heavy composition leaves it particularly sensitive to sector-wide de-risking and large-cap technology weakness.