PTIR is trading 4.8% higher in pre-market as Palantir (PLTR) gains amid a broader equity rebound and improving risk sentiment.

  • Index futures are trending higher as Middle East tensions ease, encouraging a rotation back into growth and AI-linked stocks.
  • As a leveraged ETF, PTIR provides 2x long exposure to the daily performance of PLTR, amplifying the underlying stock's gains.