ORBX is trading at $48.23 (+3.08%), benefiting from a broader risk-on response to July CPI.
- Annual inflation rose 3.4%, matching expectations; monthly headline CPI increased 0.1%, while core CPI rose 0.2%, reducing immediate concerns about further Fed tightening.
- Industrials have been among the stronger sectors, while robust AI and technology earnings are supporting sentiment and demand expectations across growth-oriented space-technology holdings.