CIBR is trading at $96.05, down 1.56% from the August 5 close as AI spending concerns pressure technology shares in pre-market trading.
- Nasdaq futures are weaker after AMD’s outlook failed to satisfy elevated AI expectations.
- Concerns over SpaceX’s $15.8 billion AI infrastructure spending intensified fears about capital intensity and returns.
- Mixed futures and ongoing Middle East peace-deal uncertainty are adding to cautious risk sentiment.