🟢 Tech ETF (XLK) is trading 1.54% up on SpaceX results and Super Micro outlook

XLK is trading at $188.29, gaining +1.54%, as SpaceX results and Super Micro’s upbeat outlook revived confidence in AI demand.

• SpaceX reported $14.6 billion in revenue and $4.4 billion in profit.
• Super Micro raised its quarterly revenue outlook to $18.5 billion–$19.5 billion.
• Nasdaq gains and anticipation of Meta and Tesla earnings added support, while Netflix’s weak guidance was a counterweight.