Good News Emerging for These ETFs' Big Holdings

Core Viewpoint - Positive developments for major technology stocks are emerging early in 2026, benefiting investors in tech-focused ETFs like Invesco QQQ Trust (QQQ) and Invesco NASDAQ 100 ETF (QQQM) [1] Group 1: Company Developments - Nvidia (NVDA) received significant praise at the Consumer Electronics Show (CES), being the largest holding in QQQ and QQQM [2] - Apple (AAPL) and Alphabet (GOOGL) announced a partnership where Apple Foundation Models will utilize Google's Gemini models and cloud technology, enhancing user experiences while maintaining privacy standards [2] - Alphabet's market capitalization surpassed $4 trillion for the first time, making it the fourth U.S. company to achieve this milestone, joining Apple, Microsoft, and Nvidia [3] Group 2: Analyst Insights - Goldman Sachs reiterated a "buy" rating for Microsoft (MSFT) and raised its price target from $630 to $655, indicating a potential upside of approximately 35% [3] - Analyst Gabriela Borges noted that Microsoft's strategic investments are designed to create opportunities for significant upside while minimizing risks associated with specific vendors or approaches [4] - Palantir (PLTR) was upgraded by Citi from "neutral" to "buy," with a new price target of $235, up from $210, as it is seen as a beneficiary of AI expansion, particularly in defense and national security [4][5]