MTUM is trading at $64.53, up 2.73%, as investors bargain-hunt beaten-down AI and semiconductor stocks amid an information-technology rebound. - Technology is rebounding after Thursday’s steep selloff, with Nasdaq futures rising as chip shares recovered. - Election-driven fears of tougher AI rules and local opposition could slow data-center construction, continuing to pressure the sector. - A stronger-than-expected October jobs report and rising Treasury yields may temper the recovery through rate concerns; the Nasdaq is up 1.48%.