🔴 Tech ETF (AIQ) is trading 2% down in pre-market after storage results miss AI expectations

AIQ is trading at $61.10 (-2.02%) as AI-linked storage results exceeded estimates but fell short of elevated AI-driven expectations before the August 6, 2026 open.

• SanDisk and Western Digital dropped sharply, weighing on storage, semiconductor, and other AI-linked shares.
• Nasdaq futures are down, while Dow and S&P 500 futures rise modestly, signaling rotation away from expensive technology stocks.
• Investors are awaiting jobless claims and Q2 productivity data ahead of the August 7 jobs report.