NASDAQ 100 Pre-Market Indicator Rises by 221.28
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 22 2026
0mins
Source: NASDAQ.COM
- Market Indicator Rise: The NASDAQ 100 Pre-Market Indicator increased by 221.28 to 26,700.75, indicating a positive shift in market sentiment that may attract more investors to tech stocks.
- Active Stock Performance: ProShares UltraPro QQQ (TQQQ) rose by 1.511 to $58.91 with a trading volume of 4,833,284 shares, reflecting a 173.37% increase from its 52-week low, showcasing strong investor interest in technology stocks.
- Navitas Semiconductor Growth: Navitas Semiconductor Corporation (NVTS) increased by 1.79 to $17.12 with 3,801,664 shares traded, currently priced at 214% of its target price of $8, indicating strong market confidence in its future growth.
- AT&T Strong Q3 Performance: AT&T Inc. (T) fell by 0.48 to $25.40 with a trading volume of 2,230,265 shares; despite the decline, its strong customer growth in Q3 may attract long-term investors looking for stability.
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Analyst Views on NVTS
Wall Street analysts forecast NVTS stock price to fall
4 Analyst Rating
1 Buy
2 Hold
1 Sell
Hold
Current: 25.080
Low
4.20
Averages
8.80
High
13.00
Current: 25.080
Low
4.20
Averages
8.80
High
13.00
About NVTS
Navitas Semiconductor Corporation is a power semiconductor company. The Company is engaged in designing, developing, and marketing power semiconductors, including gallium nitride (GaN) power integrated circuits (ICs), high-voltage silicon carbide (SiC) devices and associated high-speed silicon system controllers, and digital isolators used in power conversion and charging. It focuses on power markets including artificial intelligence (AI) data centers, energy and grid infrastructure, performance computing, and industrial electrification. Its solutions enable power throughput, higher voltage operation, thermal performance, and reduced system size for high-power applications such as hyperscale and AI data centers, grid electrification, high-performance computing clusters, and industrial automation. It also operates as a product design house that contracts the manufacturing of its chips and packaging to partner suppliers.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Integrated High-Voltage Isolation: The new UHV-TO-247-4-ISO package features an aluminum nitride substrate that provides over 6000V of high-voltage isolation, eliminating the need for external isolation materials, thereby simplifying system design and reducing overall costs.
- Thermal Management Innovation: The package's direct-cooled, reflow-compatible thermal pad design increases power dissipation capability by 150% while reducing thermal resistance, significantly enhancing power density and reliability, and improving manufacturability.
- Reduced Electromagnetic Interference: The integrated high-voltage isolation minimizes coupling capacitance compared to external ceramic isolators, effectively reducing common-mode noise and radiated EMI, which enhances switching speeds and system efficiency while lowering EMI management costs.
- Expanded Product Portfolio: This package supports SiC MOSFET products rated from 1200V to 3300V, driving performance improvements in high-voltage grid-tied power conversion systems and renewable energy applications, thereby strengthening Navitas' competitive position in the high-performance power semiconductor market.
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- Stock Fluctuation: Navitas stock surged earlier this week due to Nvidia showcasing its 800 V-to-6 V DC-DC power delivery board, but subsequently plummeted by 7.6% amid rising fears of Federal Reserve interest rate hikes, reflecting market concerns over growth stocks.
- Employment Data Impact: The U.S. added 172,000 nonfarm payroll positions in May, significantly exceeding economists' expectations of 80,000, which could prompt the Fed to reconsider its rate hike strategy, thereby affecting investor confidence in Navitas.
- Market Performance Comparison: While Navitas shares fell, the S&P 500 and Nasdaq Composite declined by 2.6% and 4.7%, respectively, indicating a broader negative sentiment towards growth stocks in the market.
- Investor Caution: Analysts have noted that Navitas was not included in the current list of top investment stocks, suggesting a cautious outlook on its future performance, which may lead to further valuation contractions.
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- Stock Volatility: Navitas's stock fell 7.6% this week, exhibiting greater volatility compared to the S&P 500's 2.6% decline and the Nasdaq's 4.7% drop, indicating heightened investor concerns regarding growth stocks.
- Tech Highlight: Earlier in the week, Navitas's stock surged due to Nvidia showcasing its 800 V-to-6 V DC-DC power delivery board at the Computex 2026 conference, reflecting market recognition of the company's technology; however, it faced significant sell-offs, leading to a decline by the end of the week.
- Employment Report Impact: The Bureau of Labor Statistics reported an addition of 172,000 nonfarm payroll jobs in May, significantly exceeding economists' expectations of 80,000, suggesting strong job growth that could prompt the Federal Reserve to reconsider interest rate hikes, putting pressure on growth stocks like Navitas.
- Uncertain Market Outlook: Should the Fed raise interest rates to combat inflation, it may dampen investor appetite for Navitas, potentially leading to further valuation contractions and impacting the company's future financing and expansion plans.
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- Valuation Pullback: Navitas stock experienced a significant 7.6% decline this week, contrasting with the S&P 500's 2.6% and Nasdaq's 4.7% drops, indicating heightened volatility and investor concerns regarding growth stocks.
- Impact of Strong Jobs Report: The Bureau of Labor Statistics reported an addition of 172,000 nonfarm payroll positions in May, significantly exceeding the 80,000 forecast by economists, which may prompt the Federal Reserve to reconsider interest rate hikes, potentially pressuring growth stocks like Navitas.
- Nvidia Partnership Boost: Following Nvidia's showcase of Navitas's 800 V-to-6 V DC-DC power delivery board at the Computex 2026 conference, Navitas stock initially surged, highlighting the market potential of their tech partnership, but faced substantial sell-offs later in the week, closing in the red.
- Cautious Investment Outlook: Despite the excitement around Navitas's collaboration with Nvidia, analysts have noted that the company did not make the list of top investment stocks, reflecting a lack of confidence in its long-term growth potential amidst market uncertainties.
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- Stock Price Plunge: Navitas Semiconductor's shares fell sharply by 18.2% to close at $25.02 on Friday, despite a remarkable 251% increase in trading throughout 2026, indicating investor concerns about its future outlook.
- Market Reaction: The drastic decline in Navitas's stock occurred amidst a broader market sell-off, with the S&P 500 down 2.6% and the Nasdaq Composite down 4.8%, reflecting investor fears regarding potential interest rate hikes by the Federal Reserve, despite a strong jobs report showing 172,000 new jobs added in May, significantly exceeding the 80,000 forecast.
- Economic Data Impact: Although the May jobs growth was robust, concerns over accelerating inflation have intensified, leading investors to believe that the Fed may adopt a more hawkish stance on interest rates, which poses risks to growth-dependent AI stocks, including Navitas.
- Future Outlook: As fears regarding Fed policy mount, Navitas and other growth stocks may continue to face pressure, prompting investors to closely monitor upcoming economic data and policy developments to assess investment risks.
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- MRVL Stock Surge: Marvell Technology Inc. (MRVL) soared to an all-time high of $324.20 on Wednesday, achieving a market capitalization exceeding $254 billion, which intensified speculation about its potential inclusion in the S&P 500 in June, reflecting strong investor confidence in its future growth prospects.
- Nvidia Investment Boost: Nvidia CEO Jensen Huang referred to MRVL as the 'next trillion-dollar company' at the Computex conference in Taipei, with Nvidia's $2 billion investment in Marvell facilitating collaboration in semi-custom AI system development, further solidifying Marvell's position in the AI infrastructure sector.
- AVGO Earnings Volatility: Broadcom Inc. (AVGO) reached a yearly high of $495.00 on Wednesday, but its shares plunged over 13% in after-hours trading due to a third-quarter revenue outlook that fell short of analyst expectations, indicating market concerns about its future performance.
- NVTS Stock Jump: Navitas Semiconductor Corp. (NVTS) shares surged to $34.17 after Nvidia showcased its newly launched 800 V-to-6 V DC-DC power delivery board, reflecting market recognition of its critical technology in AI infrastructure, with the stock up over 268% in 2026.
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