CHAT is trading 2% up as easing U.S.-Iran geopolitical risks and lower oil prices boost risk appetite, favoring growth and technology sectors.
- Nasdaq and S&P 500 futures are trading higher by 1.6% and 1% respectively, supporting a broader rebound in information technology stocks.
- Semiconductor and AI-related names lead the move as investors rotate into oversold chip stocks ahead of Big Tech earnings and the Federal Reserve's interest rate decision.