🔴 QTUM is trading 1.9% down today on profit-taking after a strong run-up

QTUM is trading at $140.99 (down 1.9%) as the ETF extends its pullback following a strong rally and broader tech sector profit-taking.

• Broader market indices are mixed, with the S&P 500 and Dow down approximately 0.2-0.3% while the NASDAQ holds up marginally.
• Selling pressure persists despite long-term AI and chip optimism fueled by SpaceX's $55 billion Texas Terafab announcement.
• Profit-taking follows recent gains in the tech sector driven by earnings beats from AMD and various cybersecurity firms.