Apple to Take Smaller Bite of PowerShares QQQ

Technology stocks soared Wednesday following upbeat earnings from Intel (NasdaqGS: INTC) while investors also positioned for quarterly results from Apple (NasdaqGS: AAPL) after the bell. PowerShares QQQ (NasdaqGM: QQQ), an exchange traded fund (ETF) following the Nasdaq-100 Index, rallied more than...