🟢 Large Blend ETF (MTUM) is trading 1.9% up in pre-market on strong AI-demand outlooks

MTUM is trading at $314.33 (+1.94%) as strong AI-demand outlooks lift technology and Nasdaq futures.

• CoreWeave and Super Micro Computer rallied.
• July CPI was broadly in line at 3.4% annually and 0.1% monthly, supporting risk appetite as Treasury yields declined.
• NVIDIA’s planned Wall Street-backed financing platforms targeting over $500 billion further reinforced the AI infrastructure theme.