🟢 Software ETF (IGV) is trading 1.64% up as OpenAI’s $70 billion-plus revenue outlook eases concerns

IGV is trading at $111.39, up 1.64%, as OpenAI’s updated outlook projected $70 billion or more in annualized revenue by year-end, easing concerns raised by Thursday’s report.

• Thursday’s report cited roughly $50 billion in September.
• Friday’s technology recovery followed Thursday’s tech-led selloff. Easing oil and yields supported broader risk appetite, while weak sentiment and sticky inflation expectations tempered the backdrop.
• No specific IGV volume data was provided.