Netflix

Nasdaq-100 futures remain under pressure as chip weakness spreads into software and premium-valued growth stocks. Traders are watching whether sellers can force a deeper move toward the 27,142 value zone.

Nasdaq 100 sentiment remains under pressure as chip and software weakness signals a broader unwind of the AI-linked growth trade. With premium valuations being punished even after solid earnings, traders are watching whether selling extends toward the next major value zone.

The Nasdaq Composite is sitting near a key technical area after settling on the strong side of its 50-day moving average and inside a short-term retracement zone. Chip weakness, upcoming retail sales and jobless claims data, and the Netflix report after the close are shaping the next move for US technology shares.