🟢 Tech ETF (XLK) is trading 1.6% up today on strong AI-infrastructure results

XLK is trading 1.6% up today as strong AI-infrastructure results lift technology-sector sentiment.

• CoreWeave reported $2.58 billion in second-quarter revenue, up 112% year over year; Super Micro issued an exceptionally strong fiscal 2027 revenue outlook, reinforcing expectations for sustained data-center and AI spending.
• July CPI was broadly in line: headline inflation was 3.4% and core inflation 2.5%. Treasury yields were little changed, supportive for growth-stock valuations.
• The broader market is also higher, while XLK is outperforming the S&P 500 and Nasdaq.