Nasdaq 100 Components Show Mixed Moves, Semiconductors Lead Gains, Crypto and Payment Stocks Pull Back

October 26, according to Bitget market data, during U.S. trading hours, the Nasdaq 100 index stood at 29,359.52 points, up 1.39%. Component stocks showed mixed performance, with electric vehicle, optical communications, chip design, and EDA software-related stocks performing strongly, while Latin American e-commerce, crypto-related, payment, and biopharmaceutical stocks pulled back.

On the gainers' side, Tesla (TSLA.O) rose 6.16% to $395.16, primarily engaged in electric vehicles, energy storage, and autonomous driving businesses; Lumentum (LITE.O) rose 5.93% to $801.02, mainly providing optical communications and photonic device products; Synopsys (SNPS.O) rose 4.58% to $449.85, mainly providing electronic design automation (EDA) software and chip design solutions; Arm (ARM.O) rose 4.33% to $219.45, primarily engaged in processor architecture licensing and chip IP businesses; Cadence Design Systems (CDNS.O) rose 4.22% to $329.83, mainly providing electronic design automation software and semiconductor design tools.

On the decliners' side, MercadoLibre (MELI.O) fell 10.62% to $1,617.98, a major Latin American e-commerce and fintech platform; Strategy (MSTR.O) fell 3.02% to $141.60, an enterprise software company holding a large amount of Bitcoin; PayPal (PYPL.O) fell 2.79% to $55.43, mainly providing online payment and digital wallet services; Moderna (MRNA.O) fell 2.38% to $195.35, primarily engaged in mRNA vaccine and related drug development; Vertex (VRTX.O) fell 1.56% to $515.77, mainly engaged in the development and sales of drugs for rare diseases such as cystic fibrosis.

[TechFlow]