QQQ ETF Surges to New Highs: What’s Driving the Rally on 11/17/2025?
Tech-heavy QQQ ETF rockets past resistance as AI and quantum computing stocks lead the charge.
Why now? Institutional money floods into disruptive tech—despite traditional analysts crying 'bubble.'
Nasdaq's golden child defies gravity while old-school portfolio managers clutch their pearls.
Bonus jab: Meanwhile, bond traders still waiting for that 'inevitable' 6% yield...
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In Monday’s pre-market trading, the QQQ ETF, which tracks the performance of the Nasdaq 100 Index (), was up 0.19% at the time of writing. This week, investors await earnings from chip giant Nvidia (NVDA), which will give further insights about the AI market.
Overall, the QQQ ETF has declined 1.75% over the past five days, but is up 19.6% year-to-date.

QQQ’s Key Holdings with Highest Upside/Downside Potential
According to TipRanks’ unique ETF analyst consensus, which is based on a weighted average of analyst ratings on its holdings, QQQ is a Moderate Buy. The Street’s average price target of $717.63 for the QQQ ETF implies an upside potential of about 17.9%.
Currently, QQQ’s five holdings with the highest upside potential are Strategy (MSTR), Atlassian Corporation (TEAM), The Trade Desk (TTD), Charter Communications (CHTR), and Dexcom (DXCM).
Meanwhile, its five holdings with the greatest downside potential are Micron Technology (MU), Tesla (TSLA), Warner Bros. Discovery (WBD), Amgen (AMGN), and CrowdStrike Holdings (CRWD).
Revealingly, QQQ ETF’s Smart Score is seven, implying that this ETF is expected to perform in line with the broader market.