NASDAQ 100 · WMTMT

Aug 20, 2024Feb 21, 2025Aug 25, 2025Feb 24, 2026Aug 25, 2026

Breadth

76 / 102

stocks rose with the index

Concentration

33%

of the gain from GOOGL, AAPL, GOOG

Biggest driver

GOOGL +1,082

Alphabet Inc., +109.15%

Biggest drag

SPCX −127

Space Exploration Technologies Corp., −14.29%

What drove it

102 members · drivers first · 2Y · residual 794.9bp exceeds 80bp gate

The NASDAQ 100 rose 48.12% (+9,489 pts) over two years in a broad advance: 76 of 102 stocks rose, with GOOGL out front at +1,082 points.

Read the latest market-close note: Nvidia and Goldman Sachs Lead a Narrow Advance as Energy and Staples Slide

+8,780.4 pts from 72 gainers−555.4 pts from 30 losers

net +9,489.4 pts · gainers outweigh losers 15.8 to 1

Stock

Points

Return

NASDAQ 100sum of all 102 stocks

+9,489.4

+48.12%

GOOGLAlphabet Inc.

+1,082.3

+109.15%

AAPLApple Inc.

+1,019.9

+37.83%

GOOGAlphabet Inc.

+1,000.3

+104.78%

AMZNAmazon.com, Inc.

+746.8

+45.94%

AVGOBroadcom Inc.

+660.1

+118.97%

MSFTMicrosoft Corporation

+568.9

+17.36%

TSLATesla, Inc.

+528.9

+58.41%

MUMicron Technology, Inc.

+455.6

+769.33%

PLTRPalantir Technologies Inc.

+342.4

+434.44%

INTCIntel Corporation

+215.2

+316.77%

CSCOCisco Systems, Inc.

+188.8

+131.12%

PANWPalo Alto Networks, Inc.

+118.0

+84.72%

CRWDCrowdStrike Holdings, Inc.

+115.9

+178.21%

SNDKSandisk Corporation

+101.3

+2,946.85%

SHOPShopify Inc.

+81.7

+105.53%

72 othersclick to expand the full index

+1,478.2

AMATApplied Materials, Inc.

−9.4

+136.80%

MSTRStrategy Inc

−9.8

−5.13%

PEPPepsiCo, Inc.

−11.3

−12.84%

GEHCGE HealthCare Technologies Inc.

−12.3

−11.68%

MCHPMicrochip Technology Incorporated

−12.7

−3.37%

ISRGIntuitive Surgical, Inc.

−14.3

−23.05%

SNPSSynopsys, Inc.

−18.3

−26.61%

REGNRegeneron Pharmaceuticals, Inc.

−18.6

−29.52%

MNSTMonster Beverage Corporation

−21.2

+4.32%

KLACKLA Corporation

−21.3

+129.06%

TERTeradyne, Inc.

−24.0

+180.16%

PDDPDD Holdings Inc. American Depositary Shares

−57.0

−39.16%

ADBEAdobe Inc.

−58.2

−51.28%

INTUIntuit Inc.

−63.5

−45.70%

SPCXSpace Exploration Technologies Corp.

−127.3

−14.29%

Cap weighting, illustrated

Apple Inc. and PACCAR Inc. moved almost identically (+37.83% vs +43.69%), yet AAPL moved the NASDAQ 100 288.3× as much. In a cap-weighted index, the bigger company's weight turns the same percentage move into far more points.

Attribution map

slicing the +9,489 pt move · cell size = points contributed · color = direction, intensity = return

GOOGL+1,082.3 pts(+109.1%)

AAPL+1,019.9 pts(+37.8%)

GOOG+1,000.3 pts(+104.8%)

AMZN+746.8 pts(+45.9%)

AVGO+660.1 pts(+119.0%)

MSFT+568.9 pts(+17.4%)

TSLA+528.9 pts(+58.4%)

MU+455.6 pts

PLTR+342.4 pts(+434.4%)

INTC+215.2 pts

CSCO+188.8 pts

SPCX−127.3 pts

PANW+118.0 pts

SNDK+101.3 pts

SHOP

AMGN

GILD+71.9 pts

ARM+70.9 pts

Concentration curve

cumulative share of the +9,489 pt move · sorted by contribution

When they drove it

cumulative points through the period

Breadth

member returns, this period

−100%+100%+300%+500%+700%+900%+1,100%+1,300%+1,500%+1,700%+1,900%+2,100%+2,300%+2,500%+2,700%+2,900%

From −51.28% (ADBE) to +2,946.85% (SNDK). Equal-weight, the NASDAQ 100 would be +95.83% vs the actual +48.12%; the gap is what cap weighting did.

By sector

point contribution · sums to +9,489 pts

Unknown102

+8,225.0

The year, session by session

every trading day of 2026 · hover for the move

JANFEBMARAPRMAYJUNJULAUG

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Nasdaq-100

What drove it

Attribution map

Concentration curve

When they drove it

Breadth

By sector

The year, session by session

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