Nasdaq Composite, Company Performance Jun 9 to Jun 13

Nasdaq Composite, Company Performance Jun 9 to Jun 13

AMonday, June 9 – Nasdaq Momentum Builds

📊 Nasdaq Composite

• The Nasdaq Composite opened at 19,573.14 and closed at 19,591.24, gaining +18.10 points (+0.09%) by day’s end .

• It finished the session with a 0.3% daily increase, supported by chip-sector optimism (wsj.com).

💡 Technical Insights

• The index broke above its 10-day moving average, signaling bullish momentum heading into the week—an encouraging indicator that traders interpreted positively.

⭐ Company Performance

• Qualcomm (QCOM) rallied +4.1%, closing at $155.41, well above its 50-day average of ~9.4 million shares, with heavy volume at 10.5 million shares (marketwatch.com).

• AMD surged +4.8%, gaining investor traction on chip-stock enthusiasm (wsj.com).

• Synopsys gained +2.0%, while Nvidia saw a modest +0.6% uplift, reflecting broad-based semiconductor gains .

📰 News Highlights

• U.S.–China trade talks in London surfaced encouraging signs of easing export restrictions—particularly in semiconductors—driving the chip rally (wsj.com).

• Comments from Kevin Hassett boosted sentiment, suggesting a potential opening for non–high-end chip exports .

• The iShares Semiconductor ETF surged +2.4% on this news, underlining investor confidence in tech sectors (wsj.com).

In summary, Monday’s trading reflected a technically favorable start, with the Nasdaq edging higher above its 10‑day average. Strong performances from Qualcomm, AMD, Synopsys, and Nvidia—combined with positive trade-talk momentum—set a constructive tone for the week. Let me know if you’d like to proceed with similar daily breakdowns!

Now Here’s the expanded breakdown for Tuesday, June 10 – Chip Earnings Lift Index, with actual figures and clear reasoning:

Tuesday, June 10 – Chip Earnings Lift Index

📈 Nasdaq Composite

• Opened at 19,620.11 and closed at 19,714.99, rising +94.88 points (+0.48%) (investopedia.com).

• The index continued its upward momentum from Monday, holding above the 10-day moving average as investor sentiment improved.

⭐ Company Performance

• TSMC (TSM) reported May revenue of NT$320.52 billion (~$10.70 billion), a 39.6% YoY increase, lifting U.S.-listed ADRs ~2.1% to $212.46, outperforming the Nasdaq and S&P 500 (investopedia.com).

• AMD climbed nearly +4.8%, closing around $127.50, driven by the TSMC report and renewed optimism over trade talks (investopedia.com).

• Nvidia edged up ~+0.6%, trading near $143.96, reflecting strength in AI chip demand supported by robust manufacturing partners (investopedia.com).

🔍 Market Reasoning & Context

• Fundamentals: The TSMC jump—nearly 40% revenue growth—signaled strong, ongoing demand for AI chips, reinforcing earnings and valuation optimism across semiconductor names (investopedia.com).

• Technical: The sustained move above the 10-day MA, backed by solid volume, validated bullish setups in the chip sector—especially for AMD and Nvidia.

• News Drivers: Progress in U.S.–China trade talks, highlighted by Commerce Secretary Lutnick’s comments, boosted confidence in easing semiconductor export restrictions (nasdaq.com, investors.com).

• Sector Rotation: While chipmakers surged (~0.6% rise in the Semiconductor ETF), many growth stocks faced profit-taking pressure, making the chip rally even more noteworthy (investors.com).

✅ Why It Matters

• Tuesday reinforced that strong earnings—especially in key sectors like semiconductors—can drive both individual stock gains and broader index moves (Nasdaq +0.48%).

• The coming together of positive fundamentals (TSMC revenue), technical confirmation (break above MA), and macro optimism (trade talk progress) created a perfect backdrop for chip-led leadership.

Now Here’s the expanded and fully humanized breakdown for Wednesday, June 11 – Consolidation Under Pressure, with actual prices, index movement, and detailed reasoning:

📉 Wednesday, June 11 – Consolidation Under Pressure

📊 Nasdaq Composite

• Opened at 19,779.35, then slipped throughout the day to close at 19,615.88, down –163.47 points (–0.83%) (apnews.com, nasdaq.com).

• The index broke its three-day winning streak, retreating from near-term highs and signaling investor caution.

💼 Company Performance

• Zoom Communications (ZM) slid –1.57%, closing at $78.16, marking its fourth straight day of losses, with 2.0M shares traded, below its 50-day average of 2.4M (investopedia.com, marketwatch.com).

• Apple (AAPL) dropped –1.9%, closing at $198.78, leading the Nasdaq decline on weak consumer sentiment (apnews.com).

• Nokia ADR (NOK) underperformed with a –1.31% decline to $5.28, erasing two days of gains and trading about 3.7% below its 52-week high (marketwatch.com).

• Nvidia (NVDA) modestly gained ~+0.2%, rising to $144.22, after weaker-than-expected inflation data offered some optimism (barrons.com).

🔍 Technical & Fundamental Analysis

• The Nasdaq dropped below the 21-day EMA, signaling a short-term technical pullback (reuters.com).

• A “calm before the storm” mode took hold—markets paused after recent gains ahead of fresh catalysts.

📰 Key News Drivers

1. Inflation data for May showed both headline and core CPI at 2.4% YoY, slightly below expectations, calming fears of Fed tightening (barrons.com).

2. U.S.–China trade signals saw modest progress on rare-earths and student exchanges, but no major breakthrough, leaving sentiment mixed (apnews.com).

3. Geopolitical caution emerged: reports of a possible evacuation at Iraq’s U.S. embassy increased risk aversion .

4. Bond market reaction: Treasury yields eased as inflation data cooled, offering relief but offsetting equity gains (apnews.com).

✅ Summary Takeaway

Wednesday’s trading reflected a clear pause: Nasdaq Composite fell –0.83%, pulled down by profit-taking and macro-neutral conditions. Tech and communications leaders like Apple and Zoom weighed on the index, while Nvidia held steady with support from inflation data. In essence, it was a day of consolidation under pressure—markets digesting news and awaiting fresh impetus.

Now Here’s the fully expanded, humanized breakdown for Thursday, June 12 – Oracle Surprise Powers Rally, including actual rates and clear reasoning:

Thursday, June 12 – Oracle Surprise Powers Rally

📊 Nasdaq Composite

• The Nasdaq Composite opened at 19,578.87 and closed at 19,662.48, rising +83.61 points (+0.43%) to near 19,700, reclaiming its 10-day moving average (apnews.com).

• Meanwhile, Nasdaq‑100 futures edged up +0.2%, signaling continued tech strength (investopedia.com).

⭐ Company Performance

• Oracle (ORCL) surged +13.3% to a record close of $199.86, after reporting a 52% YoY increase in cloud infrastructure revenue (reaching $3 billion) and forecasting over 70% growth for fiscal 2026. Trading volume hit 54.3 million shares, well above its 50-day average of ~9.4 million (investopedia.com).

• Microsoft (MSFT) rose +1.3% to $478.87, riding the tech sentiment wave (marketwatch.com).

• Nvidia (NVDA) and Broadcom (AVGO) each climbed over +1%, lifted by investor optimism in AI and cloud earnings (reuters.com).

• Boeing (BA) dropped nearly –4.8% to around $190, reacting to the fatal Air India 787 Dreamliner crash (apnews.com).

• Chime Financial (CHIME) IPO gained +37.4%, closing at approximately $21, riding tech and fintech enthusiasm (apnews.com).

🔍 Technical & Fundamental Analysis

• Technical: The index’s move above its 10-day MA with solid volume suggested renewed positive momentum. Oracle’s breakout gap—on heavy volume—was a classic bullish signal (marketwatch.com).

• Fundamental: Oracle’s explosive cloud revenue growth and raised guidance marked a major earnings surprise—boosting the broader tech sector, including SaaS and chip stocks (investopedia.com).

• Macro: The May PPI came in cooler than expected, sending the 10-year Treasury yield down to ~4.35%, easing funding pressure on growth assets (apnews.com).

📰 News Context & Impact

• Oracle’s dominant earnings report—described by analysts as “stunning”—acted as a catalyst for a broader tech rebound (investopedia.com).

• Despite Boeing’s sharp drop after the Dreamliner news, the Nasdaq Composite maintained gains due to Oracle-led sector strength (apnews.com).

• Lower yields and inflation readings reinforced hopes that the Fed might begin cutting rates later in the year, supporting risk assets (apnews.com).

✅ Summary

Thursday was defined by a standout rally: Nasdaq Composite climbed +0.43%, led by Oracle’s impressive 13.3% surge on robust cloud growth and guidance. That momentum lifted tech giants like Microsoft, Nvidia, and Broadcom, even as Boeing slumped. With easing inflation data and cooling bond yields, markets were poised for more upside—until geopolitical tensions hit on Friday.

Now, Here’s the fully expanded and breakdown for Friday, June 13 – Risk-Off Weakness, with precise share and index rates alongside thorough reasoning:

🔻 Friday, June 13 – Risk-Off Weakness

📊 Nasdaq Composite

• Opened at 19,450.93 and closed at 19,406.83, falling –44.10 points (–0.23%) intraday before the final drop of –255.66 points (–1.30%) (apnews.com).
  – The full-week decline wiped out earlier gains, with the index ending the day down 1.3%, marking a sharp reversal from midweek highs.

📉 Company Performance

• Nvidia (NVDA) dropped –1.4%, closing at $143.04, off its intraday low of ~$142.83, as global risk-off trading hit the semiconductor sector (apnews.com, barrons.com).

• Nasdaq Inc. (NDAQ) slipped –1.20%, ending at $85.59, halting its seven-day rally and trading below its 52-week high of $87.50 (marketwatch.com).

• Tesla (TSLA) fell around –1.9% to $325.31, testing its 200-day moving average amid the risk-off environment (barrons.com).

💹 Technical & Volatility Insights

• The Nasdaq Composite fell below its 10-day moving average, confirming a short-term technical breakdown; heavy selling volume accompanied the decline (apnews.com).

• The VIX (CBOE Volatility Index) rose nearly 17%, crossing 20.8, while VXN followed suit—signs of pronounced investor fear and uncertainty .

📰 Driving News & Market Context

• Geopolitical shock: Israel launched major strikes on Iranian sites early Friday, triggering widespread drone retaliation—escalating oil supply fears and sparking a sharp market sell-off (investors.com).

• Oil prices surged ~7–8%, with WTI crude surpassing $73/bbl, intensifying inflation worries and spooking growth-oriented investors (investors.com).

• Treasury yields climbed, with the 10-year yield rising to 4.36%, diminishing the appeal of equities and amplifying risk-off pressure (investing.com).

✅ Weekly Takeaways

• The Nasdaq finished the day and week down 1.3%, reversing midweek strength driven by chips and cloud earnings.

• Notable declines in Nvidia (–1.4%), Nasdaq Inc. (–1.2%), and Tesla (–1.9%) underscored broad sectorwide weakness.

• A spike in volatility (VIX >20) and elevated oil / bond yields reflect heightened market stress, suggesting caution ahead.

Summary: Friday showcased a classic risk-off session—major indices plunged on geopolitical escalation, tech names fell hard, and market volatility spiked. It polished off a roller-coaster week that began with chip optimism and ended on a bearish note.