Headline (Yahoo/Benzinga, Jul 30): "Meta shares fell over 9% in premarket after an earnings miss stoked AI-spending worries." Meta is a top QQQ holding, and with Apple and Amazon both reporting after Thursday's close the Nasdaq faces heavy two-way earnings risk skewed lower amid AI-capex fears; QQQ is already ~10% off its June peak with negative momentum, so I lean down over the next day.