Invesco NASDAQ 100 ETF Sees Inflows Amid Tech Volatility

Invesco NASDAQ 100 ETF ( $QQQM ) has fallen by 2.30% in the past week. It has experienced a 5-day net inflow of $275.29 million.
This is due, in part, to market sentiment on some of the ETF’s largest holdings. For example:

• Nvidia Corporation enters its March 16–19 GTC conference under heavy scrutiny, with investors looking for proof it can extend its lead in AI data‑center chips and possibly unveil inference processors linked to its $17 billion Groq deal and the Vera Rubin platform. Despite fresh competition, including AMD and China’s Lisuan Technology, the stock still carries a Strong Buy rating, with analysts seeing roughly 50% upside and demand for Nvidia’s AI compute effectively sold out into 2026–2027.
• Apple Inc moved to ease regulatory pressure in China by cutting App Store commissions to 25% from 30%—and to 12% for small and mini‑app developers—a shift that could save local developers about $873 million a year and follows similar fee reductions in the EU. Even as Wall Street maintains a Moderate Buy rating and projects solid revenue and earnings growth through 2027, several analysts caution that Apple’s valuation already reflects much of this optimism and see no clear near‑term catalyst for a sharp share‑price move.
• Microsoft remains a favored blue‑chip despite headline risk, including a security flaw in its Authenticator app that briefly pressured the stock and an upcoming high‑profile trial where CEO Satya Nadella will testify in Elon Musk’s $134 billion fraud case against OpenAI. At the same time, the company is leaning into long‑term growth drivers such as AI and gaming—developing a next‑generation Xbox built on custom AMD chips for a potential 2027 launch and expanding the Xbox ecosystem to PCs—helping underpin a Strong Buy consensus and nearly 50% implied upside in analyst targets.