NASDAQ 100 · WMTMT

May 26Jun 17Jul 13Aug 3Aug 25

Breadth

54 / 102

stocks fell with the index

Concentration

100%+

of the decline from NVDA, AVGO, INTC

Biggest driver

NVDA −534

NVIDIA Corporation, −0.73%

Biggest offset

MSFT +710

Microsoft Corporation, +18.19%

What drove it

102 members · detractors first · 3M · residual 173.9bp exceeds 80bp gate

The NASDAQ 100 fell 2.64% (−792 pts) over the past three months, but 48 of 102 members went the other way. NVDA and AVGO dragged the tape lower, contributing more than the entire move.

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

+2,422.2 pts from 56 gainers−3,643.7 pts from 46 losers

net −792.1 pts · losers outweigh gainers 1.5 to 1

Stock

Points

Return

NASDAQ 100sum of all 102 stocks

−792.1

−2.64%

NVDANVIDIA Corporation

−534.1

−0.73%

AVGOBroadcom Inc.

−352.8

−15.33%

INTCIntel Corporation

−242.0

−29.18%

MUMicron Technology, Inc.

−202.0

+4.14%

GOOGAlphabet Inc.

−198.1

−10.73%

AMDAdvanced Micro Devices, Inc.

−197.4

−4.90%

GOOGLAlphabet Inc.

−184.3

−10.73%

TSLATesla, Inc.

−162.5

−19.22%

SPCXSpace Exploration Technologies Corp.

−127.3

−14.29%

LRCXLam Research Corporation

−126.0

−2.42%

ASMLASML Holding N.V. New York Registry Shares

−106.2

+6.87%

SNDKSandisk Corporation

−98.4

−6.84%

KLACKLA Corporation

−97.5

−8.85%

AMATApplied Materials, Inc.

−90.0

+5.53%

ARMArm Holdings plc American Depositary Shares

−88.2

−24.80%

72 othersclick to expand the full index

−444.1

GILDGilead Sciences, Inc.

+28.0

+11.98%

ADBEAdobe Inc.

+30.4

+13.90%

INTUIntuit Inc.

+30.4

+17.45%

DASHDoorDash, Inc.

+31.1

+51.62%

ADPAutomatic Data Processing, Inc.

+32.5

+30.48%

VRTXVertex Pharmaceuticals Incorporated

+36.5

+26.82%

ABNBAirbnb, Inc.

+40.2

+43.58%

BKNGBooking Holdings Inc.

+40.8

+31.24%

NFLXNetflix, Inc.

+43.3

−6.22%

AMGNAmgen Inc.

+56.2

+31.64%

PANWPalo Alto Networks, Inc.

+59.4

+32.39%

SHOPShopify Inc.

+80.7

+46.69%

PLTRPalantir Technologies Inc.

+133.5

+26.45%

AAPLApple Inc.

+677.0

+0.51%

MSFTMicrosoft Corporation

+709.6

+18.19%

Cap weighting, illustrated

Broadcom Inc. and Cadence Design Systems, Inc. moved almost identically (−15.33% vs −13.06%), yet AVGO moved the NASDAQ 100 2,683.1× 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 −792 pt move · cell size = points contributed · color = direction, intensity = return

MSFT+709.6 pts(+18.2%)

AAPL+677.0 pts(+0.5%)

NVDA−534.1 pts(−0.7%)

AVGO−352.8 pts(−15.3%)

INTC−242.0 pts

MU−202.0 pts(+4.1%)

GOOG−198.1 pts(−10.7%)

AMD−197.4 pts

GOOGL−184.3 pts(−10.7%)

TSLA−162.5 pts

PLTR+133.5 pts

SPCX−127.3 pts(−14.3%)

LRCX−126.0 pts(−2.4%)

ASML−106.2 pts(+6.9%)

SNDK−98.4 pts

KLAC−97.5 pts

AMAT

ARM−88.2 pts

QCOM−82.4 pts

MNST

SHOP

Concentration curve

cumulative share of the −792 pt move · sorted by contribution

When they drove it

cumulative points through the period

Breadth

member returns, this period

−75%−50%−25%0%+25%+50%

From −53.28% (RKLB) to +59.16% (AXON). Equal-weight, the NASDAQ 100 would be +3.81% vs the actual −2.64%; the gap is what cap weighting did.

By sector

point contribution · sums to −792 pts

Unknown102

−1,221.5

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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