🔴 Tech ETF (VGT) is trading 1.75% down today as AI leaders urge slowdown over safety concerns

VGT is trading at $119.02, down 1.75%, as Anthropic and OpenAI leaders call to slow advanced-AI development over safety concerns.

• The guidance raises doubts about AI infrastructure, semiconductor, and data-center demand, pressuring NVIDIA, AMD, and other chipmakers.
• Nasdaq futures and global AI-related equities declined, confirming sector-led move.
• Rising oil prices and Federal Reserve rate-hike expectations add risk-off pressure; Nasdaq Composite fell 0.77% and S&P 500 fell 0.48%, but these pressures do not appear to lead.