IYW is trading at $273.68, up 1.73% in pre-market, as a report that OpenAI expects annualized revenue to reach or exceed $70 billion helped ease AI demand concerns and support a technology-stock rebound. - Nasdaq-100 futures were reported higher in one account, while supplied Nasdaq Composite and NQ indications were slightly lower. - No major U.S. data release is scheduled for October 12; the move appears sector-led, but mixed signals leave the immediate catalyst uncertain.