The NASDAQ 100 Pre-Market Indicator is up 22.39 to 23,633.66, with a total Pre-Market volume of 257,192,293 shares traded. The most active stocks for the pre-market session are IO Biotech, Direxion Daily TSLA Bull 2X Shares, C3.ai, Intel Corporation, GraniteShares 2x Long AMD Daily ETF, NVIDIA Corporation, BigBear.ai, Snap Inc., AMC Entertainment Holdings, SoundHound AI, Rithm Capital Corp., and Pfizer Inc.
The Nasdaq 100 pre-market indicator is up 22.39 points to 23,633.66, reflecting a total pre-market volume of 257,192,293 shares traded. This bullish sentiment is driven by several factors, including the potential stock sale of OpenAI, which could value the company at $500 billion [1].
OpenAI, the creator of ChatGPT, has sparked significant interest among investors. The company's potential valuation at $500 billion, a substantial increase from its current $300 billion valuation, has fueled optimism in the technology sector. Additionally, President Trump's proposed 100% tariff on semiconductor imports has been largely shrugged off by investors due to exemptions for corporations that commit to reshoring production, with Apple Inc. cited as a model example [1].
The most active stocks in the pre-market session include IO Biotech, Direxion Daily TSLA Bull 2X Shares, C3.ai, Intel Corporation, GraniteShares 2x Long AMD Daily ETF, NVIDIA Corporation, BigBear.ai, Snap Inc., AMC Entertainment Holdings, SoundHound AI, Rithm Capital Corp., and Pfizer Inc. These companies reflect the broader market's enthusiasm for technology, particularly in the areas of AI, semiconductors, and healthcare.
Technical analysis of the US Nasdaq 100 CFD Index suggests a potential bullish impulsive up move sequence within its medium-term uptrend phase [1]. The index has reintegrated above its 20-day moving average, indicating the potential start of another bullish impulsive up move sequence. Furthermore, the 4-hour MACD trend indicator has trended upwards above its centerline, suggesting the beginning of a new medium-term uptrend phase.
The S&P 500 Momentum factor ETF has continued to outperform the S&P 500 ETF since the end of March 2025, supporting the medium-term and major uptrend phases of the US Nasdaq 100 CFD Index [1]. Additionally, the US Treasury yield curve has flattened since early April 2025, indicating falling US interest rates and potentially driving investors into the US stock market.
References:
[1] https://www.marketpulse.com/markets/nasdaq-100-technical-eyeing-a-new-fresh-all-time-high-supported-by-momentum-and-flattening-us-treasury-yield-curve/
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