NASDAQ 100 Splits on Tesla Drag, Meta Lift Post-Earnings
Created on
Last updated
Tesla shares weighed on the NASDAQ 100 after Musk offered no fresh details on the rumored SpaceX merger, leaving investors underwhelmed despite high expectations heading into the print.
Meta provided a counterweight, with shares climbing as its core ad business posted a strong quarter and attention shifted toward the Muse personal assistant as a potential new growth driver beyond advertising.
This divergence highlights how single-stock catalysts among mega-cap constituents continue to drive intraday volatility across the index, even as broader sentiment remains cautiously constructive.