Nasdaq Hits Record High Driven by Microsoft and Nvidia Stock Gains
4 reports, 2 independent
Updated Nov 1
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What happened
On October 1, 2026, the Nasdaq notched a record high close. This rise was driven by gains in both Microsoft and Nvidia. Investors were focused on a dip in oil prices and were also looking ahead to quarterly earnings reports from companies.
From moneycontrol.com
Why it matters
The market performance reflects investor sentiment toward major technology companies like Microsoft and Nvidia. The gains are part of the broader trend contributing to the overall performance of the Nasdaq-100 index.
Meta, Nvidia, and Microsoft are contributing to the gains of the Nasdaq-100 index.
From moneycontrol.com
Who's involved
How it developed
Newest first. Tap a step to see who reported it.Hot inflation drives dollar gains and raises expectations for Fed rate hikes, despite easing AI outlook concerns.1 source
Microsoft and Nvidia pushed Nasdaq to a new record high.1 source
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The entities involved
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Microsoft
American multinational technology corporation
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Nasdaq
American fully electronic stock exchange
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Nvidia
American multinational technology company
Related events
- Stock movements by Microsoft, Tesla, Nvidia, and Amazon contributed to a slide in the Nasdaq index on November 2, 2026.
- Semiconductor stocks like Nvidia and AMD support Nasdaq strength, but market caution is rising due to hawkish FED policy.
- Nvidia earnings drove the tech sector rally.
- A chip sell-off caused the Nasdaq index to decline on November 2, 2026.
- Nvidia, Broadcom, and AMD stock trades on Nasdaq while facing competition and struggling against Nvidia's ecosystem dominance.