WGMI is trading at $47.00 (-1.74%) in pre-market as oil-driven inflation and information-technology weakness pressure cryptocurrency-related equities.

  • It followed a 3.89% decline on September 9.
  • Information technology is under pressure as Nasdaq-100 futures lag broader futures; chip and AI-infrastructure stocks trade lower ahead of August PPI.
  • Brent crude above $102 amid escalating U.S.-Iran tensions is lifting inflation and interest-rate concerns, while softer Bitcoin adds to WGMI’s downside.