QQQ’s Next 30% Boom—or Dot‑Com Déjà Vu? What Today’s Tech Rout Means for the Nasdaq‑100 and Your Portfolio
QQQ traded at $619.25, down about 2% intraday as of 11:41 UTC, after investors rotated out of AI-linked megacaps on valuation concerns. Nasdaq futures fell 0.6% pre-market, while tech stocks in Asia also sold off sharply overnight. Nvidia briefly topped $5 trillion in market value last week, highlighting QQQ’s heavy tech concentration. Invesco is considering modernizing QQQ’s structure and lowering fees.