CHAT is trading 2.1% up today as the information technology sector extends its recent rally, driven by ongoing AI earnings optimism and firmer S&P 500 and Nasdaq futures.
- Sector strength is bolstered by follow-through from significant moves in names like Palantir and Caterpillar's AI data-center exposure.
- A supportive macro backdrop, including lower oil prices and easing Middle East risks, is improving sentiment for growth stocks ahead of key services PMI data.