🟢 Tech ETF (QTUM) is trading 2% up in pre-market after cooler July CPI

QTUM is trading at $156.00 (+1.96%) as cooler July CPI supported expectations for lower interest rates and boosted growth stocks.

• Headline inflation eased to 3.4% year over year and core CPI to 2.5%.
• CoreWeave and Super Micro Computer surged after strong results, lifting AI-infrastructure sentiment across technology.
• Nasdaq futures gained 0.95%, confirming a broader risk-on move favoring technology; Nvidia’s proposed $500 billion AI-financing alliance added sector momentum.