QQQM is trading 1.9% up today as investors rotate back into growth following strong Microsoft earnings and a broader NASDAQ recovery.
- The rebound follows a period of volatility triggered by a recent semiconductor-led selloff and concerns over Meta’s AI spending outlook.
- QQQM is benefiting from its heavy 57.6% concentration in information technology and significant exposure to mega-cap growth leaders.
- Large-cap tech remains resilient despite headwinds from ongoing geopolitical tensions and higher Treasury yields.