🔴 SNDG is trading 3.6% down today as AI sentiment sours following Alphabet earnings and macro headwinds

SNDG is trading at $6.75 in after-hours trading, down 3.6% as the leveraged tech/AI ETF extends a sharp multi-day slide amid broader pressure on high-growth technology names.

• The move follows Alphabet’s July 22 earnings report, which triggered investor concerns over aggressive AI capital expenditures and negative free cash flow.
• Sentiment remains weighed down by the implementation of new U.S. tariffs and ongoing macroeconomic and geopolitical volatility affecting the semiconductor and AI sectors.