🟢 Mid-Cap Growth ETF (IPO) is trading 3.1% up in pre-market on AI trade strength

IPO is trading 3.1% up in pre-market on AI enthusiasm.

• Nasdaq and S&P 500 futures are up 0.37% and 0.14%; tech-heavy IPO holdings are sensitive to growth sentiment.
• Upbeat CoreWeave results reinforced the AI trade; CoreWeave represents 8.82% of IPO, while the broader catalyst remains sector-wide.
• July CPI is scheduled for 8:30 a.m. EDT, with forecasts of 3.4% headline and 2.5% core year over year; oil and Middle East tensions could raise volatility.