QQQ is trading 2.2% up today, driven by blockbuster tech and AI earnings results and a stabilizing macroeconomic backdrop.
- Strong earnings from Palantir and continued momentum in mega-cap platforms like Microsoft, Alphabet, and Amazon are fueling the sector's rally.
- Easing Middle East tensions and lower oil prices have improved sentiment for growth and rate-sensitive technology stocks.
- Steady Treasury yields are providing additional support for the Nasdaq-100, helping the index gain over 2% during the session.