Geopolitics Alpha

How record fundraising, data centers and wealth fueled 3rd quarter alts manager earnings

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GEOPOLITICS ALPHAHow record fundraising, datacenters and wealth fueled 3rdquarter alts manager earningsGEOPOLITICS ALPHA

This report is about AI and big tech.

Directly affected

  • No company is named in this report.

Indirectly affected

  • QQQ Invesco QQQ-2.0% 30d

    Invesco QQQ: it holds the big tech and AI names. Linked by “data center” (AI and big tech) in this story.

  • AIQ Global X Artificial Intelligence & Technology ETF-0.0% 18d

    Global X Artificial Intelligence & Technology ETF: it holds the big tech and AI names. Linked by “data center” (AI and big tech) in this story.

  • GOOGL Alphabet-21.2% 30d

    Alphabet (computer programming, data processing, etc.): big tech's AI spending and demand drive its shares. Linked by “data center” (AI and big tech) in this story.

  • MSFT Microsoft+4.0% 30d

    Microsoft (prepackaged software): big tech's AI spending and demand drive its shares. Linked by “data center” (AI and big tech) in this story.

  • META Meta Platforms-17.0% 30d

    Meta Platforms (computer programming, data processing, etc.): big tech's AI spending and demand drive its shares. Linked by “data center” (AI and big tech) in this story.

  • AMZN Amazon.com-7.0% 30d

    Amazon.com (catalog and mail-order houses): big tech's AI spending and demand drive its shares. Linked by “data center” (AI and big tech) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
QQQ+3.12%+5.08%base-1.30%after closeafter closeafter close
AIQ+4.74%+7.15%base-0.83%after closeafter closeafter close
GOOGL+13.19%+16.25%base+0.86%after closeafter closeafter close
MSFT+2.03%+1.97%base-1.82%after closeafter closeafter close
META+2.53%-0.36%base-0.66%after closeafter closeafter close
AMZN+3.66%+5.97%base+2.24%after closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

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How record fundraising, data centers and wealth fueled 3rd quarter alts manager earnings Pensions & Investments

Source: Pensions & Investments

How far Invesco Qqq Trust, Series 1 (QQQ) has moved since 2 Nov 2026

CompanyWhenMoveStatus
Global X Fds (AIQ)that day-0.83%final price
Global X Fds (AIQ)three days earlier+7.15%final price
Global X Fds (AIQ)five days earlier+4.74%final price
Amazon Com (AMZN)that day+2.24%final price
Amazon Com (AMZN)three days earlier+5.97%final price
Amazon Com (AMZN)five days earlier+3.66%final price
Alphabet (GOOGL)that day+0.86%final price
Alphabet (GOOGL)three days earlier+16.25%final price
Alphabet (GOOGL)five days earlier+13.19%final price
Meta Platforms (META)that day-0.66%final price
Meta Platforms (META)three days earlier-0.36%final price
Meta Platforms (META)five days earlier+2.53%final price
Microsoft (MSFT)that day-1.82%final price
Microsoft (MSFT)three days earlier+1.97%final price
Microsoft (MSFT)five days earlier+2.03%final price
Invesco Qqq Trust, Series 1 (QQQ)that day-1.30%final price
Invesco Qqq Trust, Series 1 (QQQ)three days earlier+5.08%final price
Invesco Qqq Trust, Series 1 (QQQ)five days earlier+3.12%final price

Congressional trades in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who gains and who loses around Invesco Qqq Trust, Series 1 (QQQ)

Companies tied to this story

  • QQQ Invesco Qqq Trust, Series 1

    In “How record fundraising, data centers and wealth fueled 3rd quarter alts manager earnings,” Invesco Qqq Trust, Series 1 (QQQ) is linked, with no stored direction, medium confidence. Reason on file: Invesco QQQ: it holds the big tech and AI names. Linked by “data center” (AI and big tech) in this story

  • AIQ Global X Fds

    Global X Fds (AIQ) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “How record fundraising, data centers and wealth fueled 3rd quarter alts manager earnings.” Reason on file: Global X Artificial Intelligence & Technology ETF: it holds the big tech and AI names. Linked by “data center” (AI and big tech) in this story

  • GOOGL Alphabet

    In “How record fundraising, data centers and wealth fueled 3rd quarter alts manager earnings,” Alphabet (GOOGL) is linked, with no stored direction, medium confidence. Reason on file: Alphabet (computer programming, data processing, etc.): big tech's AI spending and demand drive its shares. Linked by “data center” (AI and big tech) in this story

  • MSFT Microsoft

    In “How record fundraising, data centers and wealth fueled 3rd quarter alts manager earnings,” Microsoft (MSFT) is linked, with no stored direction, medium confidence. Reason on file: Microsoft (prepackaged software): big tech's AI spending and demand drive its shares. Linked by “data center” (AI and big tech) in this story

  • META Meta Platforms

    In “How record fundraising, data centers and wealth fueled 3rd quarter alts manager earnings,” Meta Platforms (META) is linked, with no stored direction, medium confidence. Reason on file: Meta Platforms (computer programming, data processing, etc.): big tech's AI spending and demand drive its shares. Linked by “data center” (AI and big tech) in this story

  • AMZN Amazon Com

    Amazon Com (AMZN) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “How record fundraising, data centers and wealth fueled 3rd quarter alts manager earnings.” Reason on file: Amazon.com (catalog and mail-order houses): big tech's AI spending and demand drive its shares. Linked by “data center” (AI and big tech) in this story

Invesco Qqq Trust, Series 1 (QQQ)

The 2 Nov 2026 story “How record fundraising, data centers and wealth fueled 3rd quarter alts manager earnings” names Invesco Qqq Trust, Series 1 (QQQ) because of this story.

What ties Invesco Qqq Trust, Series 1 (QQQ) to the headline is this: Invesco QQQ: it holds the big tech and AI names. Linked by “data center” (AI and big tech) in this story

Also listed, Global X Fds (AIQ): Global X Artificial Intelligence & Technology ETF: it holds the big tech and AI names. Linked by “data center” (AI and big tech) in this story

Dates and price levels for Invesco Qqq Trust, Series 1 (QQQ)

AIQ traded between 61.70 and 67.40 across 14 sessions. The latest close on file is 62.94. GOOGL traded between 276.93 and 359.38 across 20 sessions. The latest close on file is 279.90. QQQ traded between 683.47 and 762.84 across 20 sessions. The latest close on file is 690.51.

What the saved facts support for Invesco Qqq Trust, Series 1 (QQQ)

46 out of 100

“How record fundraising, data centers and wealth fueled 3rd quarter alts manager earnings” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.