Nasdaq closes nearly unchanged at 24,956 points, semiconductors shine despite a drop in Applovin
Semiconductors Lead the Session, Vertex Soars
The chip and semiconductor equipment manufacturers registered the best performances of the day. Vertex Pharmaceuticals soared by 8.31% to $499.17, finishing at the top of the Nasdaq. Micron Technology rose by 3.54% to $403.11, while Intel gained 2.63% to $46.78. The British designer Arm Holdings advanced 2.48% to $120.55. Equipment suppliers in the sector also shined: Applied Materials climbed 2.05% to $345.88, Lam Research increased 1.92% to $215.20, and Dutch company ASML Holding went up 1.91% to $1,383.40. KLA Corporation rounded out this picture with a gain of 1.67% to $1,452.94. PDD Holdings and Cisco were also among the notable gains, rising by 2.16% to $104.86 and 1.96% to $77.70, respectively.
Applovin Drops Sharply as Software Sector Faces Pressure
In contrast, Applovin Corp experienced the largest decline of the session, plummeting 7.70% to $477.39. Thomson Reuters Corporation fell 7.02% to $103.69, while Axon Enterprise dropped 5.20% to $529.97. The software sector was particularly hard hit: Atlassian lost 4.91% to $78.01, CoStar Group decreased 4.32% to $46.33, and Datadog slipped 4.26% to $123.08. Tax software publisher Intuit fell 4.16% to $453.95. GE HealthCare declined 3.83% to $72.73, Workday dropped 3.81% to $142.49, and delivery specialist DoorDash fell 3.77% to $169.93. These downturns largely offset the gains in semiconductor stocks.
A Session of Precarious Balance
The near stability of the Nasdaq actually masks a session marked by pronounced sectoral movements. The absence of major economic statistics allowed investors to focus on the unique dynamics of each stock. The level of 24,956.47 points confirms the resilience of the US tech index, which is in a waiting phase following recent fluctuations. The upcoming sessions should provide more clarity on the short-term trend, as market participants closely monitor changes in the macroeconomic environment.
This content has been automatically translated using artificial intelligence. While we strive for accuracy, some nuances may differ from the original French version.
