NewsSignals AI analysis·WallstreetCN·Oct 29, 2026

Nasdaq 100 Falls 1.4% as ALNY Plunges 24.4%, Alphabet Drops Over 12%

Grade Abearish AI signal$GOOGLSTOCK$GOOGLX$KLACSTOCK$FTNTSTOCK$MRVLSTOCK$NXPISTOCK

The Nasdaq 100 preliminarily fell 1.4%, led by a 24.4% drop in Alnylam Pharmaceuticals (ALNY). Fortinet fell 20.7%, while Marvell Technology declined 13.2%. Alphabet Class A and Class C shares fell 12.6% and 12.4%, respectively. The North American tech/software stock index ETF closed down about 3.5%. Telecommunications fell 6.6% and the technology sector declined 1%, while healthcare and real estate rose 2.3%. Other Nasdaq 100 movers included Teradyne, Nebius, SanDisk and CoreWeave, each down at least 5.1%. On the gainers side, KLA rose 5.4%, DoorDash gained 5.7%, NXP Semiconductors advanced 5.8%, and PDD rose 2.2%. Gilead Sciences and Moderna gained as much as 3.9%.

Bullish strength: 35/100

Defensive sector rotation
Healthcare and real estate gain

Bearish strength: 65/100

Alphabet drops over 12%
Tech risk appetite cools

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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