🟢 Tech ETF (XLK) is trading 2% up in pre-market after NVIDIA earnings beat estimates

XLK is trading at $186.51, up 2.01% from the August 26 close, as strong NVIDIA results revived enthusiasm for AI-related technology stocks.

• NVIDIA reported $96.2 billion in quarterly revenue, up 106% year over year, with adjusted EPS of $2.22, exceeding consensus estimates; data-center revenue rose 117%.
• The earnings beat lifted Nasdaq futures and broader technology sentiment overnight; the move is sector-led rather than macro-driven, with Nasdaq futures up 0.84% versus S&P 500 futures up 0.39%.
• No major U.S. economic releases are scheduled for August 27, 2026, leaving NVIDIA’s AI-demand signal as the primary catalyst.