Streetbeat News

QQQ

Invesco QQQ Trust

http://www.invesco.com/portal/site/us/investors/etfs/product-detail?productId=QQQ

Industry

Asset Management

To maintain the correspondence between the composition and weights of the securities in the trust (the "securities") and the stocks in the NASDAQ-100 Index®, the adviser adjusts the securities from time to time to conform to periodic changes in the identity and/or relative weights of index securities. The composition and weighting of the securities portion of a portfolio deposit are also adjusted to conform to changes in the index.

Open

508.40

Mkt cap

202B

Volume

32M

High

514.33

P/E Ratio

41.88

52-wk high

514.33

Low

508.34

Div yield

0.01

52-wk low

369.57

Nvidia is expected to reveal its next-gen GPUs, including the RTX 50 series, at CES 2025. The new GPUs are based on the Blackwell architecture, which supports over 100 system configurations. Nvidia's stock has risen significantly, and investors can gain exposure through ETFs like QQQ and VTI.

Portfolio Pulse from Anusuya Lahiri

October 08, 2024 | 12:40 pm

US stocks are set to rebound as bond yields dip and oil prices slide. Fed Governor Adriana Kugler's dovish comments on potential rate cuts and a focus on employment are boosting sentiment. However, PepsiCo's earnings miss and reduced growth outlook weigh on the market. ETFs like SPY and QQQ are seeing premarket gains.

Portfolio Pulse from Shanthi Rexaline

October 08, 2024 | 11:12 am

Stocks fell as oil prices surged and 10-year yields crossed 4% due to Middle East tensions. The energy sector outperformed, with USO rising over 3%. Major indices like the S&P 500 and Dow Jones declined. Super Micro Computer Inc. surged 14% on product news, while Everest Group Ltd. and Constellation Brands Inc. faced downgrades.

Portfolio Pulse from Piero Cingari

October 07, 2024 | 6:02 pm

Major stock indexes are experiencing a decline due to an increase in the 10-year Treasury yield.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 3:38 pm

The Market Clubhouse Morning Memo provides a detailed analysis of key stocks and ETFs, including SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA. The memo outlines potential bullish and bearish price targets based on proprietary formulas, emphasizing the importance of monitoring price action and volume dynamics. With a light economic calendar, traders are advised to focus on technical levels and market reactions.

Portfolio Pulse from RIPS

October 07, 2024 | 2:16 pm

David Roche warns that the Federal Reserve's 50-basis point rate cut could lead to market instability, as the U.S. economy is robust and does not require such low interest rates. Despite strong employment data, the rate cut may give a misleading impression of economic weakness.

Portfolio Pulse from Benzinga Neuro

October 07, 2024 | 10:57 am

U.S. stock futures are set to open lower as traders await key economic data and Fed minutes. The upcoming third-quarter earnings season, starting with JP Morgan, and Middle East tensions are influencing market sentiment. ETFs like SPY and QQQ are also trading lower. Analysts suggest a market consolidation phase, with potential volatility due to geopolitical and economic factors.

Portfolio Pulse from Shanthi Rexaline

October 07, 2024 | 10:41 am

A strong September jobs report led to a rally on Wall Street, with small-cap stocks outperforming. The U.S. economy added 254,000 jobs, reducing the likelihood of aggressive Fed rate cuts. Chinese stocks soared, and several ETFs and stocks, including AMD and Spirit Airlines, saw significant movements.

Portfolio Pulse from Piero Cingari

October 04, 2024 | 6:08 pm

The recent jobs report exceeded expectations, leading to a stock market rally and aggressive buying in AI stocks. The report challenges the Fed's recent interest rate cut, suggesting no labor weakness. Positive money flows are observed in major tech stocks and ETFs like SPY and QQQ.

Portfolio Pulse from The Arora Report

October 04, 2024 | 4:05 pm

The Market Clubhouse Morning Memo provides a detailed analysis of SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA, highlighting key support and resistance levels for each. The memo emphasizes the importance of monitoring these stocks for potential breakouts or reversals, especially with upcoming economic indicators and a Fed official's speech that could impact market volatility.

Portfolio Pulse from RIPS

October 04, 2024 | 2:52 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.