Etftrends·2026-01-06 14:28Group 1 - Strong performance of internet stocks in 2025, particularly Alphabet, attributed to intersections with AI [1] - Continued positive trends in digital and internet sectors expected to influence ETFs like Invesco QQQ Trust and Invesco NASDAQ 100 ETF in 2026 [2][3] - Anticipated revenue growth for mega-cap companies in the low-mid teens year-over-year, with mixed results for operating income and free cash flow due to investments in AI [3] Group 2 - Alphabet's shares constitute about 7% of QQQ and QQQM portfolios, expected to be catalysts for ETF performance as the company enhances its AI product offerings [4] - Google projected to maintain low-mid-teens percentage growth in search revenue, driven by AI advancements and increased query volumes [5] - Amazon identified as a key internet stock for 2026, with AWS growth and consumer spending as significant drivers [5][6] Group 3 - AWS growth expected to accelerate, contributing to a projected doubling of free cash flow to $59 billion despite increased capital expenditures related to AI [6]