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Home/News Feed/ProShares UltraPro QQQ ETF remains a buy amid strong hyperscaler earnings and AI-driven growth.
TQQQ
$72.03
-$0.81 -1.11%

ProShares UltraPro QQQ ETF remains a buy amid strong hyperscaler earnings and AI-driven growth.

Analyst Insights
06 Aug 2026
Seeking Alpha
View Source
Bullish
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The ProShares UltraPro QQQ ETF (TQQQ) is recommended as a buy due to strong earnings reports from major hyperscalers like Amazon, Microsoft, and Google. These companies are accelerating revenue and capital expenditures, particularly driven by AI and digital transformation, which supports continued growth momentum for TQQQ. However, investors should be cautious of risks such as a slowdown in capital spending, changes in market sentiment, and macroeconomic events that could cause amplified losses due to TQQQ's leveraged structure.

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ProShares UltraPro QQQ (TQQQ) jumps 10% in a day, showing power and risks of 3x leverage on Nasdaq-100.

ProShares UltraPro QQQ (TQQQ) jumps 10% in a day, showing power and risks of 3x leverage on Nasdaq-100.

ProShares UltraPro QQQ (TQQQ), a 3x leveraged ETF tracking the Nasdaq-100, surged 10.09% in one day and gained 21.54% over the past week, outperforming the Nasdaq-100's 7.16% gain. While leverage amplifies returns in strong trending markets, it also ...

Market News
Neutral
1 day ago
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