FTEC is trading at $289.88, up +2.20% in after-hours trading, with strength appearing primarily linked to Dell Technologies’ strong AI-server results and raised outlook.
- The regular session was pressured by a global bond selloff, higher oil prices, Middle East tensions, and rising rate expectations. Japan’s 10-year yield reached 3%, while higher yields pressured growth-oriented technology stocks.
- Dell reported $16.40 billion in AI-optimized-server revenue and lifted its full-year forecast.
- Broadcom’s earnings remain a key pending catalyst.