SPTE is trading 2.3% up today as the information technology sector rebounds alongside Nasdaq futures, supported by plunging oil prices that have eased inflation and rate-hike fears.
- Improved risk appetite is driving a rotation back into growth and AI-exposed tech names, reinforced by optimism around large AI supply deals such as the Samsung–Broadcom partnership.
- The recovery follows a period of sector pressure last week caused by concerns over potential tariffs and high AI capital expenditure.