Happy Thursday! The Nasdaq 100’s comeback has been nothing short of extraordinary — but the real story might be hiding just beneath the surface. A rare technical pattern, last seen during one of the most euphoric market booms in history, is back. Read on for all the details.

Also, a major AI initiative from the White House is catching the market’s attention — and one top tech analyst says it could ignite the next big rally. Discover the six stocks that are poised to benefit the most.

Plus, if you’re looking for a breakthrough investment tackling the global plastic crisis, check out today’s sponsor.

In Today's Edition

• MARKET RECAP

• MARKET HEATMAP

• FIVE ZINGERS

• MARKET HISTORY

• ONE FOR THE ROAD

This Nasdaq 100 Signal Last Flashed In 1999 — What Came Next Was Insane

The Nasdaq 100 has come roaring back from April’s downturn, posting a stunning 38% rally through late July.

But beneath the huge rally, something even more intriguing is taking shape. A key technical signal — last seen during the peak of the dot-com bubble — is flashing once again, and analysts and investors are taking notice.

This isn’t just another bounce. The index has now traded above its 20-day moving average for over 60 straight sessions, a feat so rare, it’s only happened during some of the most powerful tech bull runs in history. Combine that with a freshly formed golden cross, and you’ve got a setup that historically precedes explosive moves.

Are we witnessing the next chapter of a supercharged bull run, or the calm before another storm? Read on to find out.

Yesterday: U.S. indexes closed higher Wednesday, with the S&P 500 setting another record close — its 12th of the year — and the Nasdaq recording its first close over 21,000 as a newly announced trade deal with Japan and strong corporate earnings boosted investor sentiment. The agreement lowers upcoming tariffs on Japanese imports and includes $550 billion in investment commitments, helping drive gains in industrial and health care stocks. Alphabet rose 2% after beating second-quarter estimates, while Tesla fell 5% as auto revenue declined for a second straight quarter. Earnings season continued to exceed expectations, with 88% of S&P 500 companies beating estimates. Treasury yields edged higher, with the 10-year at 4.38%, while oil prices fell for the fourth consecutive session.

On Our Radar: Analysts will be watching several key reports this morning — including initial jobless claims, building permits, new home sales and manufacturing and services PMIs — for fresh insights into economic momentum and outlook. On the earnings front, Intel (INTC), Digital Realty Trust (DLR), Newmont (NEM) and Deckers (DECK) will headline a slate of major earnings reports that will be released after hours today.

Shares of GE Vernova (GEV) were soaring, while Texas Instruments (TXN) were crashing after both companies reported earnings. But those weren’t the only big movers of the day. Read on for all the details.

Discover how the market is moving with our interactive heatmap — filter by market cap and zoom in for deeper insights. Click any box to explore specific sectors or assets in detail.

The biggest earnings moves often happen in seconds. With Benzinga Edge, you’ll be ready — ranked stock lists, trade-ready setups and breaking news that actually matters. Timing is everything.

On This Day In 2019…

Facebook agreed to pay a $5 billion fine, the largest ever imposed for violating consumer privacy, to the U.S. Federal Trade Commission (FTC). The settlement stemmed from the company’s mishandling of user data, particularly the Cambridge Analytica scandal, where the personal information of millions of users was harvested without consent. The fine was part of a broader agreement that imposed stricter oversight on Facebook’s data privacy practices, signaling increasing regulatory scrutiny on tech companies over their handling of user information.

QUOTE OF THE DAY

“I try to buy stocks which are depressed because people are worried about them or ignore them. I often have a large number of stocks that are quite depressed.”

— Walter Schloss

Trump's AI Plan Will Unleash '4th Industrial Revolution': Dan Ives Picks 6 Stock Winners

The White House is rolling out a new AI initiative that could be the spark that propels the next leg of the tech boom higher — and investors are already positioning for what comes next.

President Trump unveiled the “AI Action Plan,” a national strategy aimed at securing America’s dominance in artificial intelligence. But behind the political headlines is a deeper story — one that tech analyst Dan Ives says could mark the beginning of a massive shift in the market.

According to Ives, this isn’t just another tech cycle. It's the dawn of a “4th Industrial Revolution,” powered by AI infrastructure, lighter regulation, and a global export push for U.S.-made chips. And while the headlines may focus on policy, the real opportunity lies in a handful of companies that could ride this wave higher. — with six specific stocks at the center of his bullish call.

Read on to learn about the six winners in what Ives calls the “golden age” for innovation and investment.

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