--- title: "Nasdaq Set to Snap Losing Streak as Tech Bounces Back" type: "News" locale: "en" url: "https://longbridge.com/en/news/294390926.md" description: "Nasdaq and S&P 500 are set for their best single-day gains since late June, snapping a six-day losing streak as tech stocks rebound. Investors largely ignored Meta's post-earnings selloff and weak GDP/inflation data. Key movers include Nebius (up 30% on sustainability news), Lam Research (up 22.4% on strong earnings), while L3Harris fell 10% despite beating estimates due to a delayed IPO." datetime: "2026-07-30T15:56:47.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294390926.md) - [en](https://longbridge.com/en/news/294390926.md) - [zh-HK](https://longbridge.com/zh-HK/news/294390926.md) generator: "portal-rs" --- # Nasdaq Set to Snap Losing Streak as Tech Bounces Back Wall Street is pushing past early-week struggles in a big way today. The Dow Jones Industrial Average (DJI) is up triple digits, with Microsoft (MSFT) helping drive the blue chip index higher. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are eyeing their best single-day gains since June 29, the tech-heavy latter briefly toppling 25,000 and set to snap its six-day skid. Investors are for the most part brushing off **Meta's post-earnings selloff**, lackluster inflation data, and lower-than-expected GDP for July. After its highest close since June 10 yesterday, the Cboe Volatility Index (VIX) is back below 20 today. *Continue reading for more on today's market, including:* - Around the horn: **investing insights** you should know. - Schaeffer's is 45, and our gift to you: **10 stocks to target right now**. - Teladoc stock nearing **penny stock territory**. - Plus, Nebius bulls buy sustainability buzz; and two earnings reports to unpack. **Nebius Group NV (NASDAQ:NBIS)** is getting attention in the options pits today. Over 90,000 calls have changed hands so far, double the average intraday volume. The weekly 7/31 200-strike call is leading the way, while new positions are also being bought to open at the August 180 call. Nebius stock was last seen up 30% to trade at $193.10, after the AI infrastructure company published a 2025 sustainability report outlining its data center footprint. The **heavily-shorted stock** is up 131% in 2026. **Lam Research Corp (NASDAQ:LRCX)** is near the top of the Nasdaq today, up 22.4% to trade at $308.74. The **chip supplier** reported a beat-and-raise for the fiscal fourth quarter, prompting eight price-target hikes, the highest coming from Mizuho to $370. LRCX is down 28% in July but is up 81% in 2026, with support stepping up at its 200-day moving average. **L3Harris Technologies Inc (NYSE:LHX)** is sitting out today's rally, down 10% to trade at $266.82 at last look. The **defense contractor** reported a second-quarter earnings and revenue beat, while also hiking its full-year guidance, but the stock remains lower, possible due to the company's missile IPO getting delayed to 2027. LHX has breached its year-to-date breakeven level today, and is trading at its lowest level since September 2025. ### Related Stocks - [LRCX.US](https://longbridge.com/en/quote/LRCX.US.md) - [NBIS.US](https://longbridge.com/en/quote/NBIS.US.md) - [META.US](https://longbridge.com/en/quote/META.US.md) - [LHX.US](https://longbridge.com/en/quote/LHX.US.md) - [METW.US](https://longbridge.com/en/quote/METW.US.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [METU.US](https://longbridge.com/en/quote/METU.US.md) - [IVV.US](https://longbridge.com/en/quote/IVV.US.md) - [VOO.US](https://longbridge.com/en/quote/VOO.US.md) - [LRCU.US](https://longbridge.com/en/quote/LRCU.US.md) - [NEBX.US](https://longbridge.com/en/quote/NEBX.US.md) - [METD.US](https://longbridge.com/en/quote/METD.US.md) - [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md) - [FBL.US](https://longbridge.com/en/quote/FBL.US.md) - [NBIL.US](https://longbridge.com/en/quote/NBIL.US.md) - [NBIG.US](https://longbridge.com/en/quote/NBIG.US.md) - [QQQ.US](https://longbridge.com/en/quote/QQQ.US.md) - [NBIZ.US](https://longbridge.com/en/quote/NBIZ.US.md) - [SPY.US](https://longbridge.com/en/quote/SPY.US.md) - [SPLG.US](https://longbridge.com/en/quote/SPLG.US.md) - [SPXL.US](https://longbridge.com/en/quote/SPXL.US.md) - [UPRO.US](https://longbridge.com/en/quote/UPRO.US.md) - [SSO.US](https://longbridge.com/en/quote/SSO.US.md) - [SH.US](https://longbridge.com/en/quote/SH.US.md) - [SPXS.US](https://longbridge.com/en/quote/SPXS.US.md) - [SPXU.US](https://longbridge.com/en/quote/SPXU.US.md) - [SDS.US](https://longbridge.com/en/quote/SDS.US.md) - [SPYI.US](https://longbridge.com/en/quote/SPYI.US.md) - [JEPI.US](https://longbridge.com/en/quote/JEPI.US.md) - [XYLD.US](https://longbridge.com/en/quote/XYLD.US.md) - [FBY.US](https://longbridge.com/en/quote/FBY.US.md) - [FBYY.US](https://longbridge.com/en/quote/FBYY.US.md) - [MAGX.US](https://longbridge.com/en/quote/MAGX.US.md) - [ONEQ.US](https://longbridge.com/en/quote/ONEQ.US.md) - [QQQM.US](https://longbridge.com/en/quote/QQQM.US.md) - [QQEW.US](https://longbridge.com/en/quote/QQEW.US.md) - [QQQE.US](https://longbridge.com/en/quote/QQQE.US.md) - [TQQQ.US](https://longbridge.com/en/quote/TQQQ.US.md) - [QLD.US](https://longbridge.com/en/quote/QLD.US.md) - [PSQ.US](https://longbridge.com/en/quote/PSQ.US.md) - [SQQQ.US](https://longbridge.com/en/quote/SQQQ.US.md) - [QID.US](https://longbridge.com/en/quote/QID.US.md) - [.DJI.US](https://longbridge.com/en/quote/.DJI.US.md) - [MSFT.US](https://longbridge.com/en/quote/MSFT.US.md) - [.VIX.US](https://longbridge.com/en/quote/.VIX.US.md) - [TDOC.US](https://longbridge.com/en/quote/TDOC.US.md) ## Related News & Research - [Turtle Creek Wealth Advisors LLC Acquires 2,496 Shares of Meta Platforms, Inc. $META](https://longbridge.com/en/news/296760939.md) - [Meta CTO Andrew Bosworth disposes of 7,848 Meta shares worth $4.38 million](https://longbridge.com/en/news/296542169.md) - [Meta glasses are a workplace menace](https://longbridge.com/en/news/296488070.md) - [Instagram Head of Product Design Explains Thinking Behind That New Logo and Responds to Critics: ‘It’s Important for Us to Embrace the Future’](https://longbridge.com/en/news/296134477.md) - [Why states fought to present a united case against Meta over youth social media harms](https://longbridge.com/en/news/296209320.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**