QYLD is trading at $18.12 (+1.74%) as strong results and upbeat outlooks from AMD and Arista Networks lift semiconductor and networking shares, supporting its technology-heavy exposure.
- AMD reported record Q3 revenue and forecast about $17 billion for Q4; Arista Networks’ strong results also fueled buying.
- Broader risk appetite improved as election uncertainty eased and September’s U.S. trade deficit narrowed to $105.0 billion.
- Major indexes were higher, indicating broad strength alongside tech-specific catalysts.