Invesco QQQ Trust

QQQ

Market cap $405B

The Vanguard Growth ETF has been a significant market beater. The Invesco QQQ Trust is heavily tech focused and can sometimes be volatile, but returns have been impressive.

The Invesco QQQ ETF contains the top 100 nonfinancial stocks listed on the Nasdaq. The market's interest in AI has driven the ETF to outperform the S&P 500 over the past year.

Billionaire investors are known for their research, investing acumen, and the ability to identify a golden investment opportunity at the right time.

These days, it's not unreasonable for investors to feel as if there's one word attached to AI: “bubble.” AI bubble talk is increasing in frequency, as are comparisons to the internet bubble of 2000.

U.S. stock futures halted trading on Friday amid a data center glitch, after Wednesday's advances. However, the benchmark index tracking ETFs were trading higher.

Wall Street rebounded, with the Nasdaq up 2.6%, S&P 500 gaining 1.5%, and Communication Services leading sector gains. Tesla (TSLA) surged on AI chip design news, while Credo Technology (CRDO) and Broadcom (AVGO) also rallied with AI-linked stocks.

"Bloomberg ETF IQ" focuses on the opportunities, risks and current trends tied to the trillions of dollars in the global exchange traded funds industry. Today's guests: Capital Group Head of Global Product Strategy and Development Holly Framsted, State Street Investment Management CEO Yie-Hsin Hung and HDGE ETF Co-Portfolio Manager Brad Lamensdorf.

The big-cap Nasdaq 100 index, tracked by the QQQ ETF, is about to shake up membership.

Market participants have rapidly become concerned about the state of affairs with growth stocks. That includes some of the previously sturdy megacap names.

In a world that is full of potential market volatility, and maybe there is, maybe there isn't “AI bubble,” investors, mostly of the retail variety, are looking for a safe place to park their cash.