QTUM is trading 1.9% down today as investors extend a post-earnings selloff in mega-cap tech and AI plays.
- Growth valuations are being pressured by rising oil prices, renewed tariff escalations, and investor concerns regarding heavy AI capital expenditure at major firms like Alphabet.
- The decline in the tech-heavy ETF comes despite long-term positive signals for AI demand, including TSMC’s announcement of a $100 billion expansion in the United States.