NAS100Nasdaq 100
29,659.0
+0.99%
SUPPORT:28945.4328523.92
RESISTANCE:29788.4530209.96
Past
What happened
Nasdaq 100 surged 1.0% to 29,367, led by GOOGL (+3.9%) and TSLA (+2.7%) as the AI trade broadened with Cerebras IPO hype.
Why
Why it matters
The comparison to the dot-com bubble is losing traction — AI revenue is real (Nebius, Cisco AI orders), and the Cerebras blockbuster IPO signals a deepening capital market appetite.
Watch
What to watch
Trump-Xi meeting could catalyze chip sector if AI safeguard agreements ease export restrictions — watch SOX index for confirmation above 7,000.
Past
What happened
Nasdaq 100 jumped 1.0% to 29,659, led by NVDA +4.1% and a broad chips bid on hopes that Trump-Xi will soften AI export curbs.
Why
Why it matters
Cook, Musk, and Huang joining the Beijing delegation is itself the trade — markets are pricing a tangible export-control easing, which would supercharge SOX members.
Watch
What to watch
If the summit communique mentions semiconductor cooperation, expect a NVDA-led leg toward 30,000; absent it, a fast unwind back to 29,200 is on the table.
HEADLINES
- AI boom might actually be tame compared to the dot-com bubbleYahoo Finance Video
- Why the Nasdaq 100's AI-driven stock boom still looks tame compared to the dot-com eraYahoo Finance
- Trump Set To Meet Xi Jinping After President Arrives In Beijing: Dow Futures Gain 120 Points, Asian Markets SpikeBenzinga
- Photonics is 'phase 3' of AI infrastructure build. But what is photonics?Yahoo Finance Video
- Microsoft Is Down 25% From Its High While the Nasdaq Blasts Off. Burry and Ives Say That Is the Opportunity24/7 Wall St.
- Magnificent Seven Tech Stocks Head for Record as Market Rally Surges OnBarrons.com