Roundhill Generative AI & Technology ETF is trading 4.6% up today as investors rotate into growth sectors following a sharp drop in oil prices that has reduced inflation and rate-hike concerns.
- A tentative U.S.–Iran peace deal reopening the Strait of Hormuz has triggered a broad risk-on move, with tech and AI names leading the gains.
- Sentiment is additionally boosted by last week’s blockbuster SpaceX IPO, which has energized the broader innovation and technology complex.