🟢 USD is trading 3.6% up today on Cisco's record earnings and raised AI forecast

USD is trading 3.6% up today, fueled by a significant rally in the information technology sector following Cisco's blowout earnings report.

• Cisco (CSCO) shares surged 18-20% after posting record Q3 revenue of $15.8B and increasing its AI forecast to $9B.
• The NASDAQ gained 0.66% as positive geopolitical sentiment from Trump-Xi talks and AI optimism bolstered the broader tech market.
• The information technology sector accounts for 40.4% of the ETF's total holdings, driving the leveraged move.