Core Viewpoint - Nvidia is a key player in the AI space, highlighted during the Consumer Electronics Show (CES) in Las Vegas, which has drawn significant investor attention [1] Group 1: Nvidia's Market Position and Performance - Nvidia has the supply to meet strong demand for its H200 chips from China, indicating robust market conditions [2] - The company's market capitalization stands at $4.57 trillion, making it the largest in the world, which suggests limited upside potential but analysts remain optimistic about future share price appreciation [3] - Analysts from Bank of America express a positive outlook on AI-related semiconductor stocks, including Nvidia, despite anticipated market volatility [4] Group 2: Innovations and Future Outlook - Nvidia introduced Alpamayo, the world's first thinking model for autonomous driving, which enhances the capabilities of autonomous vehicles [3] - Analysts believe Nvidia is well-positioned to capture 70%-80% of the value created by the shift to parallel processing, thanks to its flexible ecosystem that offers a low cost of ownership as AI models evolve [5] - There is growing enthusiasm for Nvidia shares as 2026 progresses, which could benefit ETFs like QQQ and QQQM [5]

The Invesco QQQ Trust Series 1 (QQQ) is heading into a new era. On Friday, December 19th, Invesco announced that QQQ's shareholders voted to approve a series of proposals to modernize the longstanding fund. This includes shifting QQQ from a unit investment trust ETF into an open-end fund ETF, along with pivoting its governance structure towards a board of trustees. Notably, QQQ's expense ratio will also be dropping from 0.20% to 0.18%. The implications that these changes will bring to the fund are significa ...

Core Insights - The evolution of agentic AI is becoming a focal point for market participants as they seek to understand the next phase following generative AI [1] - Agentic AI has the potential to enhance efficiencies for end users, making it a significant area of interest for investors in AI-heavy ETFs like Invesco QQQ Trust (QQQ) and Invesco NASDAQ 100 ETF (QQQM) [2] Adoption and Market Trends - A report from EY indicates that only 14% of senior leaders have fully implemented agentic AI technology in their organizations, suggesting room for growth in adoption [3] - Increased understanding of agentic AI among corporate leaders could lead to higher adoption rates, positively impacting ETFs like QQQ and QQQM [3][4] Investment and Spending Insights - Organizations investing 5% or more of their total budget in AI are experiencing significant advantages in technology upgrades (82% vs. 62%), customer satisfaction (78% vs. 55%), and cybersecurity (78% vs. 49%) compared to those spending less [5] - Knowledge of expensive corporate products and technologies can accelerate adoption and increase spending, which may benefit QQQ and QQQM [4] Concerns and Regulations - Executives and IT departments express concerns regarding cybersecurity and data privacy in relation to large-scale agentic AI deployment, indicating a need for more robust regulations [6] - A majority (89%) of senior leaders believe that human intervention will remain crucial in the deployment of agentic AI, with 64% expecting to spend more time training employees on responsible AI use over the next year [7]

Panchenko Vladimir / Shutterstock.com Conventional investors in the capital markets usually either pursue capital appreciation through equities or income through bonds or fixed income securities. The fastest growth oriented stocks are in companies that reinvest revenues for further growth. On the other hand, bonds, preferred stocks, or REITs and similar securities are focused on generating and paying out regular dividends to their bondholders or shareholders. Of course, the ideal scenario is one where an ...

Core Insights - Investors showed interest in durable growth amidst tech volatility and sought income and alternative diversification in November [1][2] Growth Focus - The Invesco QQQ Trust (QQQ) and Invesco NASDAQ 100 ETF (QQQM) experienced a decline in value, yet there was significant interest in large cap growth funds [3] - The article "These ETFs Are on the Right Side of Tech Earnings Chasm" highlighted the earnings season for technology proxies within Invesco ETFs, discussing potential benefits from AI, particularly focusing on Alphabet and Amazon [3] Income Resilience - Alerian energy infrastructure ETFs outperformed QQQ in November, with a notable interest in their income components [4] - The Alerian MLP ETF (AMLP) distribution increased by 5% year-over-year, while the Alerian Energy Infrastructure ETF (ENFR) distribution grew by 10% [4] Core Strategy - The Goldman Sachs ActiveBeta US Large Cap Equity ETF (GSLC) surpassed $15 billion in assets under management, primarily due to price appreciation [5] - The multi-factor index of GSLC incorporates momentum, quality, low volatility, and value, positioning it as a competitive option for core equity allocation [5] International Access - The American Century Quality Diversified International ETF (QINT) outperformed its category average through an index-based quality approach [6] - The portfolio includes significant holdings in large financials like Banco Bilbao Vizcaya Argentaria SA and luxury goods companies like Hermes International [6] Alternative Income - The Calamos CEF Income & Arbitrage ETF (CCEF) focuses on closed-end funds trading at discounts to net asset value (NAV), providing a unique income and diversification strategy [7] - CCEF offered a nearly 8% yield as of September 2025, appealing to investors amid uncertainty in traditional bond strategies [7]

This ETF isn't as heralded as its larger relatives, but it's one to watch this month, and it could be a star next year.Issuers of exchange-traded funds (ETFs) are nothing if not inventive. One of the ways they find success with new products is to tie them to established, successful funds.The Invesco NASDAQ Next Gen 100 ETF (QQQJ +1.03%) is an example of that phenomenon. This ETF follows the Nasdaq Next Generation 100 Index, which is equivalent to a "junior varsity" of the Nasdaq-100. In essence, this fund i ...

Core Insights - The Nasdaq-100 Index (NDX) experienced a significant rally of 5.79% during Thanksgiving Week, providing positive momentum for investors [1] - Investors are now shifting focus to market performance in December 2025 and evaluating opportunities for the upcoming year [2] - Invesco QQQ Trust (QQQ) and Invesco NASDAQ 100 ETF (QQQM) are highlighted as potential investment options for both the final month of this year and for 2026 [2] Investment Opportunities - QQQ and QQQM are seen as suitable for investors looking for stocks with long-term durability, including those with a "wide moat" label [3] - Notable stocks within these ETFs include PepsiCo (PEP), which is considered undervalued with rebound potential despite recent sluggish performance [5][6] - Alphabet (GOOGL), a major holding in QQQ and QQQM, is recognized for its strong business model across various sectors, including advertising and cloud computing, and is expected to drive upside for these ETFs [7][8]

Core Viewpoint - November was challenging for large- and megacap growth stocks, with the Nasdaq-100 and S&P 500 Growth indexes ending the month in negative territory, primarily due to an AI-related sell-off, which some are referring to as an "AI freak-out" or "shake-out" [1] Group 1: Market Performance - The Nasdaq-100 and S&P 500 Growth indexes finished in the red in November [1] - The recent pullback in AI-heavy stocks is viewed as a healthy correction rather than a long-term trend [1] Group 2: Investment Sentiment - Despite the recent downturn, the sentiment around AI investments remains positive, with expectations for growth in 2026 [1] - The AI investment thesis is still considered intact, with potential catalysts for ETFs like QQQ and QQQM [1] Group 3: Future Outlook - Federal Reserve rate cuts are anticipated to benefit growth stocks, which are expected to thrive in 2026 [1] - AI adoption is projected to be a significant theme in the upcoming year, supported by evidence from corporate activities [1] - Historical parallels are drawn to the 1990s internet boom, suggesting that current AI investments may lay the groundwork for substantial future businesses [1]

The Nasdaq-100 Index (NDX) is lower by 3.36% over the past month, and plenty of growth stocks across all market capitalization segments performing significantly worse than that. Some retail investors are worried the once easy money tech trade is evaporating. Rushing to that conclusion could be to investors' detriment because market history confirms pullbacks are healthy and to be sure, ETFs such as the Invesco QQQ Trust (QQQ) and the Invesco NASDAQ 100 ETF (QQQM), which track NDX, have pulled back but they' ...

Core Viewpoint - There is increasing concern among investors about a potential AI bubble, drawing comparisons to the internet bubble of 2000 [1][2]. Group 1: Market Sentiment - Investors holding AI-related stocks and ETFs, such as Invesco QQQ Trust (QQQ) and Invesco NASDAQ 100 ETF (QQQM), are feeling uneasy due to bubble discussions [2]. - Despite bubble concerns, many market observers believe that AI investing is not necessarily in bubble territory [2]. Group 2: Performance of ETFs - QQQ and QQQM are currently experiencing multiyear bull markets, largely due to significant investments in leading AI companies, particularly the "Magnificent Seven" [3]. - The current era of AI enthusiasm is fundamentally different from the internet bubble, as leading cloud service providers have strong balance sheets and positive cash flow [4][5]. Group 3: Investment Dynamics - The leading cloud service providers have self-funded their AI capital expenditures primarily through operating cash flows, contrasting with the debt-funded investments during the late 1990s internet bubble [5]. - There is a significant runway for AI adoption, with agentic and physical AI expected to be future growth drivers [5][6]. Group 4: Valuation and Future Outlook - Current valuations of AI stocks appear attractive compared to internet stocks from 25 years ago, suggesting that the AI theme is not yet in bubble territory [6]. - BNP Paribas believes that while expectations for AI leaders are high, valuations remain reasonable, and they are monitoring potential risk factors such as industry consolidation and disruption [7].