QTOP is trading 1.7% down today as investors rotate out of growth and AI-heavy names following concerns over aggressive capital expenditure and new trade tariffs.
- Recent earnings from major technology firms highlighted significant AI-related spending, pressuring sentiment while new U.S. tariffs add macro uncertainty for globally exposed supply chains.
- Higher oil prices and lingering inflation worries are further dampening risk appetite for long-duration growth assets like large-cap tech.