The Nasdaq 100 remains in a firm uptrend despite renewed AI bubble concerns triggered by OpenAI-related headlines. Losses were quickly trimmed, reinforcing underlying bullish momentum. Semiconductor stocks continue to lead the rally without exhibiting peak-cycle warning signals, while market breadth stays healthy. Technically, the index holds within an ascending channel, with 26,760 as key support and further upside potential toward higher resistance levels.
29-04-2026 06:47 GMT
by Kelvin Wong
