IDX:BREN 21 February 2026

July 3, 2026, 7:25 AM EDT. The Nasdaq-100 is off 3% from its high after a weak start to 2026 for the "Magnificent Seven," which make up 34.9% of the index. The Invesco QQQ ETF, which tracks the index, gives investors exposure to these names. Microsoft is down over 23%, but chipmakers like Micron and AMD have rallied and helped limit declines. Strong demand for AI chips is still lifting those stocks. Since 1999, the Invesco QQQ has posted an 11% compound annual growth rate, showing buyers have often done well picking it up after pullbacks.