🟢 TECL is trading 4.9% up today as Microsoft earnings lift tech sentiment

TECL is trading 4.9% up today as the technology sector rebounds following strong Microsoft earnings and a rise in Nasdaq futures.

• Microsoft’s robust Azure results have eased investor concerns regarding AI spending, providing a significant boost to the broader information technology sector.
• The leveraged ETF is tracking a recovery in Nasdaq futures after several days of sharp declines, as markets look ahead to key GDP and Personal Income/Outlays data at 8:30 AM ET.
• Improved sentiment across the tech landscape is driving pre-market strength in high-beta instruments as the macro backdrop stabilizes.