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Nasdaq · Weekly Briefing

Nasdaq 100 gains 1.73% as NVDA leads big-tech Alpha Scores

Reviewing Sep 14–20, 2026 · outlook and calls for Sep 21–27, 2026

Summary

The Nasdaq 100 closed the week at 721.45, up 1.73%, against a 0.11% S&P 500 gain. NVDA holds the highest Alpha Score among six big-tech names at 73, with AMD lowest at 64. No high-importance events are scheduled after Sept. 20.

The Nasdaq 100 (QQQ) closed the week at 721.45, up 1.73%, against a 0.11% gain for the S&P 500. Bitcoin rose 3.64% and gold added 1.90% over the same stretch. The index's weekly gain was the largest among the equity benchmarks in the supplied set.

Among the big-cap names, NVDA rose 0.82% on the session to 213.90, AAPL added 0.32% to 332.41, and MSFT fell 1.37% to 490.30. The moves came without a named catalyst in the period's coverage. AlphaScala's Alpha Score for NVDA is 73, the highest among the six tracked names; MSFT sits at 69.

AlphaScala's Alpha Scores for the six big-tech names show GOOGL at 72, META at 67, and AMD at 64. The scores combine momentum, value, quality, and sentiment inputs.

TickerAlpha ScoreMomentumValueQualitySentiment
NVDA73StrongModerateStrongModerate
GOOGL72ModerateModerateStrongStrong
MSFT69ModerateModerateStrongModerate
META67StrongWeakStrongModerate
AAPL66StrongPoorStrongModerate
AMD64StrongPoorStrongStrong

NVDA's score is built on strong momentum and strong quality. GOOGL's 72 is built on strong quality and strong sentiment. AMD's 64 is the lowest of the group; strong momentum and strong sentiment sit against poor value.

Outlook · Sep 21–27, 2026

The week's outperformance came without a company-specific catalyst in the period's coverage. Alpha Scores put NVDA and GOOGL at the top of the big-tech stack, with AMD at the bottom. The QQQ closed the week at 721.45.

Calls to watch

Forward-looking statements covering Sep 21–27, 2026. Each is logged and will be scored against what happens.

  • 70%
    NVDA's Alpha Score remains above 70 at the next AlphaScala refresh · next week · NVDA
  • 60%
    AMD's Alpha Score remains the lowest among the six tracked big-tech names at the next refresh · next week · AMD
  • 50%
    QQQ closes the week of Sept 21-27 above 721.45 · next week · QQQ

Sources

Grounded in AlphaScala signals and coverage. Educational only, not investment advice. Methodology: how briefings are produced.

Previous Nasdaq briefings
2026-09-07Nasdaq 100 Slips 0.49% as Apple, Microsoft Fall Over 2%; Nvidia Gains
2026-08-31Nasdaq inches up 0.32% as NVDA bucks the megacap slide; McGuire discloses NVIDIA buy
2026-08-24Nasdaq 100 gains 1.4% as tokenized stocks launch; NVDA slips 4.6%
2026-08-17Nasdaq 100 drops 2.3% as Bitcoin rallies 20%; GOOGL top Alpha pick
2026-08-03Nasdaq 100 adds 3.3% as NVDA scores 76; QQQ outruns SPY by 120bp
2026-07-27Nasdaq 100 adds 0.86% as MSFT, NVDA rise; AAPL tumbles 7.35% on earnings
2026-07-20QQQ falls 1.7% as AAPL surges 3.5%; DTCC tokenized stock tests spur SEC push