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Nasdaq 100 ETF chase buying signals detected and AI industry growth continues

Zacks · ·by G4L

QQQ
QQQ Invesco QQQ Trust Series 1
$679.89 -1.20%
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  1. 1Nasdaq 100 Index ETF (QQQ) rose 2.31% with higher trading volume than the previous trading day, sending a fourth consecutive day of chase buying signals.
  2. 2CoreWeave's year-over-year quarterly revenue growth of 168% and Nebius Group's year-over-year revenue growth of 571% were reported this week.
  3. 3Nvidia CEO, President, and Director Jensen Huang resigned on Thursday.

So what's the key point?

The Nasdaq 100 ETF rose 2.31% as trading volume increased. This means more people are buying this product.

Source Zacks · View original ↗

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