QQQ is trading 1.2% higher in pre-market action, rebounding from a 1.85% decline on March 20 triggered by escalating Middle East tensions and the Iran conflict.
- Broader market sentiment is turning positive as NASDAQ Composite futures show momentum despite persistent geopolitical risks and rising Treasury yields.
- Oracle's strong AI-driven revenue guidance of $90B for 2027 is providing a significant tech sector catalyst, helping to counter recent pressure from the Super Micro scandal and surging oil prices.