Sqqq yahoo finance yahoo Finance historical data indicates

Yahoo Finance historical data indicates SQQQ rallies often coincide with earnings season volatility. With mega-cap tech names reporting soon, market participants are positioning for sharper downside hedges. On Jul 24, 2024 the Nasdaq 100 Index experienced a significant downturn, shedding more than 3%, marking its worst day since October 2022. The selloff led to a $1-trillion rout in the Nasdaq 100 Index and was triggered by artificial intelligence (AI) technology leaders, including semiconductor giants like Nvidia Corp. NVDA (down 6.8%), Broadcom Inc. AVGO (declined 7.6%), Super Micro Computer Inc. SMCI (dropped 9.15%) and Arm Holdings Plc ARM (down 8.2%). ProShares UltraPro Short QQQ (SQQQ): ETF Research Reports Yahoo Finance comparative charts show SQQQ outperforming other inverse ETFs over the past five sessions, as tech earnings pressure mounts. Such performance underscores its role in tactical hedging strategies.