🟢 Tech ETF (SPRX) is trading 1.99% up as OpenAI’s revenue outlook eases AI concerns

SPRX is trading at $49.64, up 1.99%, as OpenAI’s annualized revenue outlook helped ease AI growth concerns.

• Technology stocks are rebounding from Thursday’s AI-led selloff; OpenAI expects annualized revenue to reach or exceed $70 billion by year-end, while easing oil prices supported sentiment.
• Elevated Treasury yields and weaker iPhone 18 demand reports for Apple remain counterweights.