Global X Artificial Intelligence & Technology ETF is trading at $62.55 (+1.94%) as technology stocks recover from a previous AI-led selloff.
- The move aligns with a broader technology rebound in pre-market trading, supported by a 1.20% rise in Nasdaq futures as risk appetite returns to the sector.
- Market sentiment is stabilizing following the Oracle earnings reaction, where massive AI infrastructure spending plans initially triggered a rotation out of tech.
- Tech and AI-exposed assets are bouncing back after facing recent pressure from persistent inflation data and interest rate concerns.