The Consumer Discretionary sector fell 1.62% in pre-market trading, influenced by a wider market downturn led by technology and semiconductor stocks amid concerns over AI valuations. [9, 15] Within the sector, a significant earnings report from Netflix (NFLX) disappointed investors, with shares falling after the company missed revenue estimates and forecasted slowing sales growth. [8, 9] Additional negative news from Autoliv (ALV), which missed earnings expectations, further contributed to the sector's negative performance. [8]