Global X Artificial Intelligence & Technology ETF is trading 3.3% up today as investors rotate into growth and AI-focused technology stocks following a major de-escalation in U.S.-Iran tensions.
- Easing inflation pressures and sharply lower oil prices are boosting rate-sensitive sectors, lifting the information technology sector and AI-related equities.
- Broader market optimism is being fueled by the recent blockbuster SpaceX IPO and continued momentum in the artificial intelligence space.