QQQ Stock Analysis & Forecast: Tech Earnings, Fed Policy, and Outlook
Invesco QQQ Trust (NASDAQ: QQQ) – the popular ETF tracking the tech-heavy Nasdaq-100 – has experienced notable swings heading into mid-November 2025. After rallying to a fresh record high in late October, QQQ saw a pullback as investors balanced blockbuster tech earnings against renewed interest rate concerns. Despite the recent volatility, the ETF remains in an uptrend year-to-date, buoyed by robust results from its top holdings and hopes that artificial intelligence (AI) and other growth drivers will continue to fuel long-term gains. Below we dive into QQQ’s recent performance, the impact of Big Tech earnings, Federal Reserve policy signals, macroeconomic