🟢 Growth ETF (QQQM) is trading 1.5% up today ahead of Nvidia earnings seen as AI cycle barometer

Growth ETF (QQQM) is trading 1.5% up today as information technology leads a broad growth rebound ahead of Nvidia’s pivotal after-close earnings report.

• Traders are positioning for the results, which are viewed as a key barometer for the broader AI and semiconductor cycle.
• Rising risk appetite is currently offsetting pressure from higher bond yields, helping large-cap tech and communication services stocks outperform.
• The NASDAQ Composite is trading sharply higher as the fund's primary sectors drive market gains.