PWB is trading 4.2% up today as growth and information technology shares recover from last week's global AI and semiconductor rout.
- Improved risk sentiment and rising US index futures are driving a broad recovery across the technology sector.
- Expectations for heavy AI infrastructure spending, including Oracleβs massive Stargate plan, continue to support long-term tech earnings outlooks.
- The move reflects a sharp rebound in large-cap growth stocks following the recent sector-wide sell-off.