Nvidia Rally Propels QQQ ETF Back into Positive 2026 Territory
QQQ ETF posted a sharp rise that returned its year-to-date return to slightly above breakeven, driven by Nvidia’s pre-earnings rally. Market strategists debated the tech sector’s momentum as Nvidia, Salesforce and Snowflake prepare to report results this evening.
1. QQQ ETF Performance
The QQQ ETF surged sharply on February 25, lifting its 2026 return modestly into positive territory. The move marked one of the ETF’s strongest sessions this month, reflecting renewed risk appetite for large-cap technology names.
2. Nvidia’s Pre-Earnings Rally
Nvidia shares led the rally with a noticeable uptick ahead of tonight’s earnings announcement. The chipmaker’s AI-driven growth narrative has continued to attract buyers seeking exposure to advanced data-center technologies.
3. Tech Sector Debate
Market strategists convened to assess the sustainability of tech sector gains, focusing on upcoming reports from Nvidia, Salesforce and Snowflake. Analysts highlighted that these results will be critical signals for AI investment trends and broader market direction.