04/08/2026 09:27

US NASDAQ 100 Index

Technology stocks again led the market higher overnight, with Meta surging 6%, Microsoft and Alphabet climbing almost 5% each, Amazon gaining more than 4% to a record US$3 trillion market capitalisation, and Nvidia adding nearly 3%. Risk sentiment surged following President Trump's cancellation of the latest round of bombing in Iran, and fears of AI spending dissipating after strong earnings last week from Microsoft and Amazon.

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29/07/2026 09:34

US NASDAQ 100 Index

The semiconductor selloff was the dominant driver of the Nasdaq's weakness overnight, with the Nasdaq 100 trimming early losses but still closing down 1%. The retreat was broad-based across the chip sector, with a leading semiconductor ETF sliding 3.6% as investors continued to rotate away from AI-linked names, into more economically exposed sectors i.e. a broadening of the rally which we’ve been looking for.

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22/07/2026 09:22

US NASDAQ 100 Index

US stocks rose on Tuesday, led by semiconductor stocks, as investors looked through the latest developments in the Iran conflict and shifted their focus to a solid start to the US earnings season. Industrial giant 3M jumped more than 7% after delivering a stronger-than-expected second-quarter result, while General Motors gained nearly 5% after beating earnings and revenue forecasts. The reporting season has begun strongly, with almost 88% of the 66 S&P 500 companies that have reported so far beating earnings expectations. Attention now turns to results from Alphabet, IBM and Tesla later this week.

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14/07/2026 09:56

US NASDAQ 100 Index

 The Nasdaq Composite fell ~1.9% on Monday, its biggest one-day decline since late June, as investors were hit by a combination of renewed AI concerns and escalating geopolitical tensions. The initial catalyst came from Asia, where SK Hynix plunged 15.4% in Seoul, its worst session in 18 years, triggering a broader semiconductor sell-off. US-listed SK Hynix fell -9%, while Micron (-5%), Sandisk (-8%) and Intel (-4.1%) also declined sharply. The selling extended to the Roundhill Memory ETF (DRAM), which entered bear market territory after falling almost 30% from its late-June peak, highlighting how quickly sentiment has turned in one of this year's hottest AI trades.

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27/05/2026 09:21

US NASDAQ 100 Index

US-tech stocks soared another +1.8% overnight, closing above the psychological 30,000 level for the first time. Gains were led by a +19% jump by Micron Technology Inc (NASDAQ: MU), which topped a $US1 trillion valuation in the process.

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20/04/2026 08:41

US NASDAQ 100 Index

The NASDAQ also punched to new highs after triggering a great technical buy signal at the start of the month - what made the trade even better was it was with the long-term bull trend. There was also a sharp reversal in the previously unloved software stocks helping push the broader tech sector higher. As subscribers know MM believes the market had become way too bearish around the “AI Disruption Trade.” We believe AI will indeed reshape industry over the coming years but some companies that the market are priced for disruption will actually become beneficiaries, and vice versa.

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04/03/2026 09:19

US NASDAQ 100 Index

The NASDAQ bounced well overnight and ended the day down just 1.2%, with several of the “Magnificent Seven” closing higher, including Microsoft, Meta, and Netflix. However, U.S. memory stocks were under the pump, tracking sharp declines in South Korean chipmakers, while Blackstone fell 3.8% after the Financial Times reported $1.7bn in net outflows from one of its private credit funds in the first quarter. There was little place to hide, with gold reversing Monday’s gains and trading sharply lower, as the CBOE Volatility Index, Wall Street’s fear gauge, climbed to its highest level since November.

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27/02/2026 08:47

US NASDAQ 100 Index

Wall Street pared earlier losses as oil reversed gains on signs of progress in US–Iran nuclear talks. Chipmakers led declines after Nvidia’s results failed to reassure investors on the sustainability of AI-driven demand. The Nasdaq 100 underperformed, falling 1.2%, while the S&P 500 edged lower despite the majority of its constituents advancing.

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25/02/2026 09:17

US NASDAQ 100 Index

The NASDAQ bounced well in the last few hours overnight to end the day up 1.1% with most of the “Magnificent Seven” contributing to the gain, led by Apple Inc, which closed 2.2% higher. Gains in Advanced Micro Devices and a range of software stocks stood out, as investor concerns around AI-driven disruption eased following Anthropic’s comments and Meta’s announcement of a multi-year partnership with the chipmaker.

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13/02/2026 09:42

US NASDAQ 100 Index

The Nasdaq was hit overnight after Cisco Systems plunged 12% as a tepid margin outlook signalled higher memory-chip prices are taking a toll. Most of the megacaps retreated and an ETF tracking software companies slumped more than 3%.

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