QQQ: The Cash Flow Collapse No One Is Talking About

Core Insights - Profit margins among the Nasdaq 100 have been declining over the past decade, despite reported earnings suggesting an expansion in margins [1] - The apparent expansion in margins is misleading and primarily reflects reported depreciation expenses [1] Group 1: Profit Margins - The decline in profit margins for the Nasdaq 100 is a significant trend that investors may not fully recognize [1] - Reported earnings may give a false impression of margin growth due to accounting practices [1]