AIQ is trading 1.9% up today as information technology stocks extend a sharp rebound fueled by strong cloud and AI-related earnings from major U.S. tech firms.
- Robust results from industry leaders like Microsoft and Amazon are lifting the broader tech complex, helping to offset pressure on global chipmakers from Chinese competition.
- Cooling U.S. inflation is further supporting risk appetite for growth and AI-focused names, despite lingering investor doubts regarding long-term AI profitability.