SPTE is trading 5.2% higher in pre-market action as technology stocks rebound following strong mega-cap earnings and easing inflation data.
- Nasdaq futures rose over 1% driven by Amazon’s earnings beat and persistent AI optimism, which helped offset mixed results from Apple.
- Cooling PCE inflation and steady Fed policy are supporting renewed risk appetite across growth and semiconductor names.
- A powerful global tech rally, particularly in Asian markets, is providing additional tailwinds for the sector.