PowerShares QQQ (QQQ) and its technology-focused ETF peers defied general stock market action to move higher Friday. The world's largest Internet search engine scored gains in its mobile and YouTube offerings, beating Wall Street estimates on Q2 earnings and sales. QQQ gapped up 1.06% to 113.10, a new high, with Google (GOOG) stock leading the advancers. It allocates roughly 3.7% of assets to Google Class C shares, which spiked 14.2% on the stock
Friday 17 July 2015
As Google Spikes, 5 ETFs Put Focus On Apple Earnings
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
PowerShares QQQ (QQQ) and its technology-focused ETF peers defied general stock market action to move higher Friday. The world's largest Internet search engine scored gains in its mobile and YouTube offerings, beating Wall Street estimates on Q2 earnings and sales. QQQ gapped up 1.06% to 113.10, a new high, with Google (GOOG) stock leading the advancers. It allocates roughly 3.7% of assets to Google Class C shares, which spiked 14.2% on the stock
PowerShares QQQ (QQQ) and its technology-focused ETF peers defied general stock market action to move higher Friday. The world's largest Internet search engine scored gains in its mobile and YouTube offerings, beating Wall Street estimates on Q2 earnings and sales. QQQ gapped up 1.06% to 113.10, a new high, with Google (GOOG) stock leading the advancers. It allocates roughly 3.7% of assets to Google Class C shares, which spiked 14.2% on the stock
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