QQQ Falls 2.14% Premarket as Tech Investors Reassess AI Returns
Photo: TokenPost
The Invesco QQQ Trust fell 2.14% in premarket trading Friday at 4:29 a.m. ET, as investors weighed whether heavy artificial intelligence spending would earn adequate returns for technology companies. QQQ traded at $700, $15.34 below Thursday’s regular-session close of $715.34. That was a premarket reading, not a completed session loss. Intel stood at $67.66, down 26.51%, at 4:31 a.m. ET. Both quotes came before the U.S. market opened. Intel posted $16.5 billion in revenue for its third quarter, a 21% rise from a year earlier.
Source: TokenPost
