Nasdaq 100 Declines 4% as the Tech Giants Take a Hit
The Nasdaq 100 Index, which has Tech Giants like Apple, Nvidia, Microsoft, Tesla Meta and Alphabet, etc., renowned worldwide, has seen its worst Performance after the COVID-19 Crash. Nasdaq 100 has fallen over 4% in a single day on March 10, 2025.
- Over the Past 4-Weeks, Nasdaq 100 has fallen over 12% and four sessions of trading is about to come.
- For the first time in 2-Years, the Index has fallen below its 50-week Daily Moving Average, which is an indication towards a long-term Downtrend.
- The weakness in Nasdaq stocks is also affecting Indian IT stocks, with the Nifty IT index opening lower and currently trading down 1.5% at 37,072 levels.
Top Nasdaq 100 Companies and Their Performance
The Nasdaq-100 Index comprises 100 of the largest non-financial companies listed on the Nasdaq stock exchange. Below is a snapshot of some of the top Nasdaq 100
Sr. No. | Symbol | Name | Market Cap | Last Sale (USD) | Net Change (USD) | Percentage Change (%) |
1 | AAPL | Apple Inc. Common Stock | $3.42T | $227.48 | $11.59 | -4.85% |
2 | ABNB | Airbnb, Inc. Class A Common Stock | $83.33B | $132.15 | $2.24 | -1.67% |
3 | ADBE | Adobe Inc. Common Stock | $189.39B | $435.08 | $14.32 | -3.19% |
4 | ADI | Analog Devices, Inc. Common Stock | $107.26B | $216.26 | $9.60 | -4.25% |
5 | ADP | Automatic Data Processing, Inc. Common Stock | $123.28B | $302.99 | $3.46 | -1.13% |
6 | ADSK | Autodesk, Inc. Common Stock | $53.41B | $248.40 | $11.35 | -4.37% |
7 | AEP | American Electric Power Company, Inc. | $57.19B | $107.32 | $2.70 | 2.58% |
8 | AMAT | Applied Materials, Inc. Common Stock | $121.86B | $149.99 | $5.69 | -3.65% |
9 | AMD | Advanced Micro Devices, Inc. Common Stock | $156.59B | $96.63 | $3.68 | -3.67% |
10 | AMGN | Amgen Inc. Common Stock | $175.86B | $327.36 | $2.50 | 0.77% |
11 | AMZN | Amazon.com, Inc. Common Stock | $2.06T | $194.54 | $4.71 | -2.36% |
12 | ANSS | ANSYS, Inc. Common Stock | $27.94B | $318.71 | $6.90 | -2.12% |
13 | APP | Applovin Corporation Class A Common Stock | $80.94B | $238.08 | $32.40 | -11.98% |
14 | ARM | Arm Holdings plc American Depositary Shares | $121.07B | $116.38 | $9.17 | -7.30% |
15 | ASML | ASML Holding N.V. | $268.66B | $683.11 | $49.11 | -6.71% |
16 | AVGO | Broadcom Inc. Common Stock | $864.58B | $184.45 | $10.51 | -5.39% |
17 | AXON | Axon Enterprise, Inc. Common Stock | $39.50B | $515.45 | $10.95 | -2.08% |
18 | AZN | AstraZeneca PLC American Depositary Shares | $235.66B | $75.99 | $1.51 | -1.95% |
19 | BIIB | Biogen Inc. Common Stock | $22.06B | $150.71 | $0.33 | 0.22% |
20 | BKNG | Booking Holdings Inc. Common Stock | $146.06B | $4,451.03 | $222.35 | -4.76% |
21 | BKR | Baker Hughes Company Class A Common Stock | $40.75B | $41.16 | $1.73 | -4.03% |
22 | CCEP | Coca-Cola Europacific Partners plc | $37.31B | $80.95 | $1.45 | -1.76% |
23 | CDNS | Cadence Design Systems, Inc. Common Stock | $64.13B | $233.96 | $9.25 | -3.80% |
24 | CDW | CDW Corporation Common Stock | $22.46B | $169.51 | $1.14 | 0.68% |
25 | CEG | Constellation Energy Corporation | $63.26B | $202.21 | $10.33 | -4.86% |
26 | CHTR | Charter Communications, Inc. | $53.02B | $373.52 | $6.00 | -1.58% |
27 | CMCSA | Comcast Corporation Class A Common Stock | $136.53B | $36.11 | $1.48 | -3.94% |
28 | COST | Costco Wholesale Corporation Common Stock | $414.78B | $934.41 | $29.90 | -3.10% |
29 | CPRT | Copart, Inc. Common Stock | $51.03B | $52.82 | $0.92 | -1.71% |
30 | CRWD | CrowdStrike Holdings, Inc. | $76.08B | $308.86 | $24.64 | -7.39% |
31 | CSCO | Cisco Systems, Inc. Common Stock | $246.89B | $62.06 | $1.88 | -2.94% |
32 | CSX | CSX Corporation Common Stock | $58.07B | $30.65 | $0.61 | -1.95% |
33 | CTAS | Cintas Corporation Common Stock | $80.95B | $200.61 | $2.45 | -1.21% |
34 | CTSH | Cognizant Technology Solutions Corporation | $41.55B | $84.00 | $0.77 | 0.93% |
35 | DASH | DoorDash, Inc. Class A Common Stock | $74.72B | $177.86 | $0.22 | -0.12% |
36 | DDOG | Datadog, Inc. Class A Common Stock | $34.84B | $101.65 | $7.98 | -7.28% |
37 | DXCM | DexCom, Inc. Common Stock | $27.64B | $70.72 | $7.12 | -9.15% |
38 | EA | Electronic Arts Inc. Common Stock | $36.60B | $140.43 | $0.39 | 0.28% |
39 | EXC | Exelon Corporation Common Stock | $43.99B | $43.76 | $0.65 | 1.51% |
40 | FAST | Fastenal Company Common Stock | $45.76B | $79.80 | $0.18 | -0.23% |
41 | GEHC | GE HealthCare Technologies Inc. | $39.03B | $85.36 | $1.22 | -1.41% |
42 | GFS | GlobalFoundries Inc. | $22.00B | $39.75 | $0.26 | -0.64% |
43 | GILD | Gilead Sciences, Inc. | $145.97B | $117.21 | $0.20 | -0.17% |
44 | GOOG | Alphabet Inc. Class C | $2.05T | $167.81 | $7.74 | -4.41% |
45 | GOOGL | Alphabet Inc. Class A | $2.02T | $165.87 | $7.79 | -4.49% |
46 | HON | Honeywell International Inc. | $138.97B | $213.82 | $0.70 | -0.33% |
47 | IDXX | IDEXX Laboratories, Inc. | $35.50B | $436.48 | $6.36 | 1.48% |
48 | INTC | Intel Corporation | $86.30B | $19.93 | $0.71 | -3.44% |
49 | INTU | Intuit Inc. | $162.08B | $579.78 | $29.83 | -4.89% |
50 | ISRG | Intuitive Surgical, Inc. | $172.13B | $482.61 | $35.65 | -6.88% |
51 | KDP | Keurig Dr Pepper Inc. | $44.15B | $32.54 | $0.80 | -2.40% |
52 | KHC | The Kraft Heinz Company | $38.50B | $32.22 | $0.04 | 0.12% |
53 | KLAC | KLA Corporation | $90.15B | $678.36 | $32.93 | -4.63% |
54 | LIN | Linde plc | $218.51B | $462.06 | $6.71 | -1.43% |
55 | LRCX | Lam Research Corporation | $94.75B | $73.81 | $5.20 | -6.58% |
56 | LULU | lululemon athletica inc. | $38.94B | $333.77 | $10.59 | -3.08% |
57 | MAR | Marriott International | $70.91B | $257.22 | $5.53 | -2.10% |
58 | MCHP | Microchip Technology Inc. | $28.75B | $53.45 | $6.32 | -10.57% |
59 | MDB | MongoDB, Inc. | $13.43B | $180.32 | $7.33 | -3.91% |
60 | MDLZ | Mondelez International, Inc. | $88.15B | $68.15 | $0.41 | 0.61% |
61 | MELI | MercadoLibre, Inc. | $98.59B | $1,944.61 | $64.73 | -3.22% |
62 | META | Meta Platforms, Inc. | $1.52T | $597.99 | $27.67 | -4.42% |
63 | MNST | Monster Beverage Corporation | $54.27B | $55.77 | $0.70 | 1.27% |
64 | MRVL | Marvell Technology, Inc. | $56.82B | $65.67 | $5.17 | -7.30% |
65 | MSFT | Microsoft Corporation | $2.83T | $380.16 | $13.15 | -3.34% |
66 | MSTR | MicroStrategy Inc. | $61.58B | $239.27 | $47.91 | -16.68% |
67 | MU | Micron Technology, Inc. | $97.02B | $87.08 | $5.88 | -6.33% |
68 | NFLX | Netflix, Inc. | $370.73B | $866.68 | $24.43 | -2.74% |
69 | NVDA | NVIDIA Corporation | $2.61T | $106.98 | $5.71 | -5.07% |
70 | NXPI | NXP Semiconductors N.V. | $52.97B | $208.84 | $13.72 | -6.16% |
71 | ODFL | Old Dominion Freight Line | $37.83B | $177.97 | $1.58 | -0.88% |
72 | ON | ON Semiconductor Corp. | $18.61B | $44.16 | $1.24 | -2.73% |
73 | ORLY | O'Reilly Automotive, Inc. | $77.12B | $1,346.58 | $27.57 | 2.09% |
74 | PANW | Palo Alto Networks, Inc. | $115.09B | $173.83 | $7.10 | -3.92% |
75 | PAYX | Paychex, Inc. | $55.64B | $154.52 | $1.04 | 0.68% |
76 | PCAR | PACCAR Inc. | $58.02B | $110.56 | $0.50 | 0.45% |
77 | PDD | PDD Holdings Inc. | $159.09B | $115.63 | $4.29 | -3.58% |
78 | PEP | PepsiCo, Inc. | $214.30B | $156.25 | $1.81 | 1.17% |
79 | PLTR | Palantir Technologies Inc. | $179.14B | $76.38 | $8.53 | -10.05% |
80 | PYPL | PayPal Holdings, Inc. | $67.43B | $68.16 | $2.32 | -3.29% |
81 | QCOM | Qualcomm Inc. | $171.41B | $154.98 | $6.24 | -3.87% |
82 | REGN | Regeneron Pharmaceuticals | $81.43B | $744.83 | $37.32 | 5.27% |
83 | ROP | Roper Technologies, Inc. | $61.90B | $576.45 | $11.93 | -2.03% |
84 | ROST | Ross Stores, Inc. | $43.59B | $132.12 | $3.84 | -2.82% |
85 | SBUX | Starbucks Corporation | $114.87B | $101.13 | $5.36 | -5.03% |
86 | TMUS | T-Mobile US, Inc. | $304.42B | $266.63 | $1.39 | 0.52% |
87 | TSLA | Tesla, Inc. | $714.55B | $222.15 | $40.52 | -15.43% |
88 | TTD | The Trade Desk, Inc. | $29.92B | $60.31 | $4.60 | -7.09% |
89 | TTWO | Take-Two Interactive Software, Inc. | $35.64B | $201.93 | $2.40 | -1.17% |
90 | TXN | Texas Instruments Incorporated | $169.77B | $186.49 | $4.03 | -2.12% |
91 | VRSK | Verisk Analytics, Inc. | $41.80B | $298.00 | $2.48 | -0.83% |
92 | VRTX | Vertex Pharmaceuticals Incorporated | $128.40B | $500.01 | $11.72 | 2.40% |
93 | WBD | Warner Bros. Discovery, Inc. | $26.00B | $10.59 | $0.48 | -4.34% |
94 | WDAY | Workday, Inc. | $64.64B | $243.00 | $9.38 | -3.72% |
95 | XEL | Xcel Energy Inc. | $39.85B | $69.35 | $1.35 | 1.99% |
96 | ZS | Zscaler, Inc. | $29.87B | $194.69 | $14.07 | -6.74% |
Why is Nasdaq Being Sold Heavily?
Nasdaq 100's Decling Performance could be a result of the following factors:
Rising Interest Rates: The Federal Reserve's stance on higher-for-longer interest rates negatively impacts growth stocks, especially in the tech sector.
Earnings Concerns: Lower-than-expected earnings of Tech Giants and weak forward guidance.
Geopolitical Tensions: Global economic uncertainties and trade tensions
Sector Rotation: Investors are shifting funds from high-growth tech stocks to more stable value stocks, commodities, and bonds.
Selloff in Mag 7: Magnificent Seven stocks like Alphabet, Amazon, Apple, Meta Platforms, Microsoft, NVIDIA, and Tesla are facing a selloff
Global Market Impact
The sharp decline in the Nasdaq 100 is sending shockwaves across global financial markets:
- Pressure on Indian IT Stocks: Leading Indian technology firms, including Infosys, TCS, and Wipro, are facing headwinds due to a slowdown in demand for IT services.
- Volatility in European and Asian Markets: Stock exchanges across Europe and Asia are experiencing heightened fluctuations, closely following the downward trajectory of the U.S. market.
- Cryptocurrency Sell-Off: Digital asset markets also see a pullback as investors move away from high-risk investments amid broader economic uncertainty.
What’s Ahead for the Nasdaq 100?
If the index remains below its 50-week Daily Moving Average (DMA), it could indicate an extended period of weakness. Market participants are closely watching key economic indicators, inflation data, and statements from the Federal Reserve for clues about potential stabilisation.
Key Technical Levels to Monitor:
- Support Zones: 12,800 and 12,500
- Breakout Point: 13,500
Conclusion
The Nasdaq 100’s steepest four-week decline since the pandemic crash has raised concerns about the future of tech stocks and overall market sentiment. While some see the dip as an opportunity to buy, others remain cautious, considering the persistent economic and geopolitical uncertainties
Easy & quick
Leave A Comment?