The S&P 500 slipped 0.32% to 7728.2 and the Nasdaq dropped 0.6% to 26445.4, but the Russell 2000 bucked the trend with a 0.32% gain and the VIX eased to 15.11. Energy (+1.25%) and Utilities (+1.16%) led sectors while Real Estate (-0.72%) and Communication Services (-0.5%) lagged. CoreWeave (CRWV, +18.47%) extended its premarket surge on a 'cleaner quarter' headline, while BOXL (+61.78%) and VELO (+23.45%) topped the gainer board against a backdrop of softer yields as investors digested the latest CPI print. Futures point to a firmer open (S&P +0.44%, Nasdaq +0.95%), suggesting today's weakness may not carry through.
Change on the day for the major indices. VIX sits in the metric strip above — it reads inversely, so it is kept out of this scale.
Every bar opens the sector ETF's live page.
QL signal universe · click a bar for the live 5-factor read.
QL signal universe · click a bar for the live 5-factor read.
Bullish signals sit at 37.4% of the 3,016-name universe, with strong buys concentrated in mega-caps (MSFT, AMZN, AVGO, LLY) versus strong sells skewed toward high-multiple growth and defensive laggards (META, APP, ATO, DG). Breadth narrowed 1.1pts versus yesterday, meaning fewer names are participating even as large-cap leadership holds — a pattern consistent with the Russell 2000 outperforming the cap-weighted indices today despite the narrower signal base.
Strong Buy standouts: MSFT · AMZN · AVGO · BRK.B · LLY · MU · V · XOM · BAC · PLTR · CVX · GE
Strong Sell standouts: META · APP · MSCI · RDDT · ATO · DG · NRG · TSN · NI · RBA · TME · MAIR
See full signals →| Ticker | Next Report | In | Last EPS YoY | Last Rev YoY |
|---|---|---|---|---|
| MSFT | 2026-09-12 | 30d | +31.8% | +17.7% |
| AVGO | 2026-09-30 | 49d | +85.4% | +47.9% |
| WMT | 2026-10-10 | 58d | +19.6% | +7.3% |
| NVDA | 2026-10-24 | 73d | +214.5% | +85.2% |
| TSLA | 2026-11-14 | 94d | -3.0% | +25.5% |
| AAPL | 2026-11-21 | 100d | +28.7% | +16.4% |
Bar length = days until the report · green/red = last EPS YoY direction · click through to the live page.
Year-over-year movement
The corporate calendar is quiet — no major earnings for weeks (MSFT is the nearest at 30 days out) and no scheduled macro events — leaving a handful of small IPOs (LYNX, FOIL, VOGX, HCPC, MDRN) as the main near-term listings to track.
| Ticker | Company | Listing Date | In | Offer Range | Exchange |
|---|---|---|---|---|---|
| VOGX | Vogenx Inc. | 2026-08-11est. | listed | $11–$13 | XNAS |
| FOIL | Londian Wason New Energy Tech Inc. | 2026-08-12est. | listed | $20–$22 | XNYS |
| RVII | Robinhood Ventures Fund II | 2026-08-13est. | 1d | $25 | XNYS |
| LYNX | Lyntris Inc | 2026-08-19 | 7d | $19–$22 | XNYS |
| JTTT | Jatt III Acquisition Corp. | TBA | — | $10 | XNAS |
| HCPC | HengHong Technology Inc. | TBA | — | $6–$7 | XNAS |
| MDRN | Modern Mining Technology Corp | TBA | — | $4.25 | XASE |
| POCH | Poche Technology Co. Ltd | TBA | — | $5–$7 | XNAS |
| CAPI | Capstone 72 Inc. | TBA | — | $4 | XNAS |
| SUCH | Suchness Tech Ltd. | TBA | — | $6 | XNAS |
Full pipeline + S-1 tracker on IPO Radar · pre-IPO valuations and secondaries on Private Companies.
The private tape stayed active with Firmus Technologies raising $2B in growth equity led by Nvidia & Coatue at a $10.5B valuation, alongside Cambridge Aerospace's $300M Series C led by DFJ Growth ($3.4B valuation) and SOURCE's $400M Series D led by Situational Awareness. Sequoia Capital and Greenoaks are the most active leads by deal count (4 each), while AMD's two deals total $10B, dwarfing peers on capital deployed.
| Date | Company | Event | Amount | Lead Investor |
|---|---|---|---|---|
| 2026-08-10 | Cambridge Aerospace · Defense | Series C $300M led by DFJ Growth | $300M | DFJ Growth |
| 2026-08-10 | Edgify · Artificial Intelligence | Series A $9M led by Rank Ventures and Mangrove Capital Partners | $9M | Rank Ventures and Mangrove Capital Partners |
| 2026-08-10 | Visoid · Artificial Intelligence | Funding round $3M led by Skyfall Ventures | $3M | Skyfall Ventures |
| 2026-08-09 | SiteVue AI · AI | Seed $8M led by Penny Jar Capital & Overture | $8M | Penny Jar Capital & Overture |
| 2026-08-08 | SOURCE · Computers, Parts and Peripherals | Series D $400M led by Situational Awareness | $400M | Situational Awareness |
| 2026-08-07 | Firmus Technologies · AI | Growth Equity $2,000M led by Nvidia & Coatue | $2.0B | Nvidia & Coatue |
| 2026-08-07 | Lumilens · AI | Series C $700M led by Atreides Management, Bain Capital Ventures, Meritech, Seligman Ventu | $700M | Atreides Management, Bain Capital Ventures, Meritech, Seligman Ventures & Spark Capital |
| 2026-08-06 | Hadrian · Defense / Industrials | Series D $1,370M led by JPMorgan Strategic Investment Group (anchor) | $1.4B | JPMorgan Strategic Investment Group (anchor) |
Track 2,130 pre-IPO names on Private Companies · browse 280+ investor profiles · live deal tape on Deal Signals.
Bar = amount raised · click through to the company's pre-IPO page.
Where the money went — sector split
Most active lead investors (last 45 days)
Educational framework discussion of market conditions — not investment advice or a recommendation to buy or sell any security.
Today's tape shows a classic internals-vs-headline split: the S&P and Nasdaq fell while the Russell 2000 rose, and the proprietary breadth reading narrowed by 1.1 points. This matters because a cap-weighted index can mask what's happening underneath — if a handful of mega-caps (MSFT, AVGO, AMZN) are absorbing the strong-buy signals while broader participation shrinks, the index's stability is more fragile than it looks. Conversely, small-cap strength on a down day for large caps can either be early rotation into a broader rally or simply noise in a lower-liquidity segment. The way to separate signal from noise is persistence — one day of divergence is not a trend, but several consecutive sessions of narrowing breadth paired with index gains is worth flagging as a leadership-thinning regime.