FTXL is trading at $226.66, up +2.96%, as technology shares rebound after last week’s sharp AI- and chip-led selloff.
- Investors are buying beaten-down stocks ahead of major tech earnings; Nasdaq futures also rose as sentiment improved.
- Lower oil prices and Treasury yields supported growth stocks, while a JPMorgan upgrade lifted Intel and helped semiconductor sentiment.
- The recovery remains a counter-move amid concerns over AI infrastructure costs.