WGMI is trading 2% up today as high-beta tech and digital asset names rebound from recent profit-taking, supported by strong AI-related earnings and lower energy prices.
- The gain follows a brief pullback on August 4 after a sharp tech-led rally in bitcoin miners and AI-linked hardware earlier in the week.
- U.S. equity futures are firmer overnight, with the information technology sector remaining supported by positive earnings momentum.
- Lower energy costs are providing additional tailwinds for energy-intensive digital asset mining operations as the sector recovers from a short-term consolidation.