🟢 Tech ETF (XLK) is trading 1.5% up on October 26, 2026, ahead of tech earnings

XLK is trading at $186.03, up 1.53%, as U.S. indexes rise and oil pulls back from recent highs, easing pressure on sentiment.

• Investors are positioning ahead of Wednesday’s Alphabet and Microsoft results and Thursday’s Amazon report, which may offer clues about returns on heavy AI investment.
• The earnings focus is supportive, while concerns about the sustainability of AI spending remain a headwind.