SPXE.TO is trading 6.3% down today, extending last week’s drawdown as high-beta technology and AI-linked strategies remain out of favor.
- Persistent post-earnings weakness in major tech names like Tesla and Alphabet continues to weigh on SpaceX-themed and related growth-income products.
- Cautious sentiment regarding aggressive AI capital spending is driving the decline, even as broader market indices remain roughly flat to modestly higher.