SPRX is trading 4.4% down in after-hours sessions as systemic risks from aggressive AI infrastructure spending and stretched valuations prompt profit-taking in high-growth technology sectors.
- The pullback follows a two-day rebound, reversing gains previously driven by easing geopolitical concerns and temporary valuation relief.
- Investors are increasingly focused on the sustainability of AI capital expenditures, pressuring tech-heavy funds despite a broadly positive close for major indices.