WQTM is trading 2.1% up today as the information technology sector continues its rally, driven by strong momentum in AI, cloud, semiconductor, and quantum computing stocks.
- The sector is benefiting from positive earnings sentiment and record-high momentum in growth stocks, pushing major indices and futures sharply higher.
- Macro tailwinds, including lower energy prices and easing inflation fears following Middle East developments, are further supporting a risk-on appetite for tech-heavy assets.