🔴 SPXE.TO is trading 6.51% down today as Nasdaq selloff and AI capex concerns hit growth names

SPXE.TO is trading at CA$7.28 (-6.51%) as a broader selloff in the Nasdaq and semiconductor stocks pressures AI-linked growth names.

• Investors are rotating out of high-beta growth assets amid ongoing concerns regarding the returns on heavy AI capital expenditures.
• The Nasdaq is down 1.15% while the Dow is up, reinforcing a sector-specific rotation into cyclicals that is weighing on SpaceX-themed and related growth-income products.