🔴 Tech ETF (SPTE) is trading 1.9% down in after-hours trading on Broadcom’s weaker-than-expected Q4 forecast

SPTE is trading at $46.63 (-1.93%) in after-hours trading, most likely due to Broadcom’s outlook.

• Broadcom beat Q3 earnings expectations with $3.32 adjusted EPS and $29.59 billion revenue, but reportedly forecast $34.8 billion in Q4 revenue, below investor expectations.
• Its semiconductor exposure makes the guidance especially relevant to information technology ETFs.
• The regular session was broadly risk-on, with technology stocks and major indexes rising as Treasury yields eased; SPTE’s decline appears company-specific rather than a broad September 3, 2026 market selloff.