IYW is trading at $257.23, up +1.54%, as renewed enthusiasm for AI lifts technology shares.

  • SpaceX reported strong quarterly results, while Super Micro raised its revenue outlook, signaling resilient AI infrastructure demand. Super Micro shares surged, and SpaceX gained, helping lift the tech-heavy Nasdaq.
  • Netflix’s disappointing outlook was a counterweight; investors are watching for Meta and Tesla earnings after the close. The broader market is positive, but technology’s stronger advance points to sector-specific support.