FTXL is trading at $217.48, up +2.04%, as Nasdaq 100 futures edged up 0.1% after earlier declines, supporting a modest pre-market bounce in technology shares.
- The rebound follows an AI-spending-driven tech selloff, as investors remain concerned about returns on major companies’ infrastructure investments.
- Rising oil prices and Strait of Hormuz risks continue to weigh on broader risk sentiment.