Defiance Quantum ETF is trading 2.6% lower in after-hours sessions, extending a multi-day slide across growth, semiconductor, and AI-linked technology names.
- The decline follows Oracle’s earnings commentary highlighting heavy AI capital expenditure, alongside persistent inflation and interest rate concerns following the May CPI report.
- Rising geopolitical tensions are further pressuring high-beta technology assets and risk-sensitive innovation stocks as investors rotate out of expensive growth sectors.