Invesco NASDAQ 100 ETF Sees Inflows Amid Tech Pullback

Invesco NASDAQ 100 ETF ( $QQQM ) has fallen by 3.05% in the past week. It has experienced a 5-day net inflow of $128.15 million.
This is due, in part, to market sentiment on some of the ETF’s largest holdings. For example:

• Nvidia Corporation shares have slipped about 3.8% despite a blockbuster GTC 2026, where management outlined roughly $1 trillion in AI‑chip revenue potential through 2027 and analysts lifted data‑center forecasts. TipRanks’ consensus still labels the stock a Strong Buy with around 56% upside, even as U.S. export‑control probes and a $20 billion Groq licensing deal draw fresh regulatory scrutiny around its AI dominance.
• Apple Inc is enjoying a sharp rebound in China, with iPhone 17 sales up 23% in the first nine weeks versus a 4% market decline, helped by steady pricing and lower App Store commissions on the mainland. App Store growth has cooled to roughly 7% year‑on‑year, but stronger‑than‑expected iPhone production of about 52 million units supports a Moderate Buy rating and price targets implying more than 22% upside.
• Microsoft is reworking its data‑center strategy by dropping nondisclosure agreements with local communities, a transparency push that briefly knocked the stock but aims to smooth approval for its heavy cloud and AI build‑out. At the same time, performance gaps between Xbox Series X and S and lingering security concerns around SharePoint keep product and risk issues in focus, yet Wall Street still sees the shares as a Strong Buy with expected upside of over 50%.