Nasdaq 100 Components Show Mixed Performance: Semiconductor Equipment and Select Consumer Stocks Rally, While Cybersecurity and Tech Stocks Pull Back
On October 29, according to Bitget market data, intraday US stock trading saw the Nasdaq 100 components diverge, with semiconductor equipment, food delivery platforms, and aerospace-related stocks performing strongly, while cybersecurity, pharmaceutical companies, and select large-cap tech stocks pulled back.
On the upside, KLA (KLAC.O) rose 7.34%, primarily providing semiconductor inspection, metrology, and process control equipment; DoorDash (DASH.O) gained 6.13%, operating an online food delivery and local commerce service platform; Rocket Lab (RKLB.O) climbed 4.27%, focusing on rocket launch services and aerospace system R&D and manufacturing; Ferrovial (FER.O) advanced 3.92%, mainly engaged in transportation infrastructure construction, operation, and management; and Moderna (MRNA.O) rose 3.23%, primarily involved in mRNA drug and vaccine research and development.
On the downside, Fortinet (FTNT.O) fell 21.59%, primarily providing cybersecurity devices and software solutions; Alnylam Pharmaceuticals (ALNY.O) dropped 17.14%, mainly engaged in RNA interference (RNAi) therapy R&D; Google parent company Alphabet Class A shares (GOOGL.O) declined 11.64%, primarily operating search engines, digital advertising, cloud computing, and related technology businesses; Google parent company Alphabet Class C shares (GOOG.O) fell 11.45%, primarily operating search engines, digital advertising, cloud computing, and related technology businesses; and Marvell Technology (MRVL.O) declined 10.83%, primarily providing semiconductor solutions for data centers, networking, and storage.