Invesco NASDAQ 100 ETF Rises on Mega-Cap Tech Strength

Invesco NASDAQ 100 ETF ( $QQQM ) has risen by 2.66% in the past week. It has experienced a 5-day net inflow of $707.33 million.
This is due, in part, to market sentiment on some of the ETF’s largest holdings. For example:

• Nvidia Corporation dominated headlines as its market value again crossed $5 trillion, cementing its position as the world’s most valuable listed company after a fresh 5% share-price jump and a five‑year gain of about 1,200%. Analysts still rate the stock a Strong Buy, with an average target near $273 implying roughly 30% upside, even as some investors, including Michael Burry, hedge with long‑dated puts on Nvidia and chip ETFs amid concerns the AI boom may be priced for perfection.
• Apple Inc enjoyed a wave of bullish analyst commentary, with several firms reaffirming Buy ratings and lifting or reiterating price targets around $300–$325, pointing to roughly 10% upside from recent levels. TD Cowen expects more than 15% revenue growth in the March quarter and about 10% growth in June, driven by a strong iPhone 17 cycle, the new MacBook Neo and plans for an upgraded AI‑powered Siri, while Wall Street overall maintains a Moderate Buy stance on the stock.
• Microsoft attracted high‑profile support as Michael Burry disclosed a new long position after a 12% pullback this year, even while he bet defensively against pricier AI chip names, signaling confidence in the software giant’s valuation. Wall Street remains strongly positive, highlighting surging AI and cloud demand through Copilot and Azure, with multiple analysts naming Microsoft a top pick and consensus targets in the $540–$580 range that imply 35%–55% upside, reinforcing its appeal versus other mega‑cap tech peers.