QQQM is trading 1.65% up today, driven by AI optimism and lower oil prices.
- Nasdaq futures gained roughly 1%, while Intel, Micron, and AMD rose in premarket trading on evidence of strong AI demand.
- Falling oil prices and easing Treasury yields are reducing inflation and valuation pressure on growth stocks.
- Reports that Saudi Arabia is rerouting supplies eased immediate energy-supply concerns, supporting global risk sentiment.