WQTM is trading 2.2% down today as high-spend AI and tech names face continued pressure following Alphabet’s capex-driven sell-off and lingering tariff uncertainty.
- Despite Nasdaq futures trading higher, investors are rotating within growth sectors rather than adding to high-risk innovation and quantum exposure.
- A sharp pullback in oil prices is providing support to broader risk assets, but tech sector positioning remains cautious as investors weigh capital expenditure risks.