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Wall Street’s Nasdaq hits all-time high as AI frenzy gathers pace

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Power, J. (2026, September 23). Wall Street’s Nasdaq hits all-time high as AI frenzy gathers pace. Al Jazeera. https://www.aljazeera.com/economy/2026/9/23/wall-streets-nasdaq-hits-all-time-high-as-ai-frenzy-gathers-pace?traffic_source=rss

Dated when The Aporia collected the article, usually within hours of publication. Check the original for its exact date and byline.

Al Jazeera · collected 2026-09-23 · by John Power

Quick Summary

The Nasdaq stock exchange reached an all-time high on Tuesday, with the index rising 0.45 percent and gaining more than 17 percent year-to-date. This surge contrasts with concerns over AI safety risks and high tech valuations, as well as tensions related to the U.S.'s ongoing conflict with Iran. Key companies like Nvidia, Apple, and Micron Technology saw gains, while Meta Platforms, despite its recent excitement around AI assistant Muse, dropped slightly.
Written by AI on 2026-09-23, from this article's own text only (the story summary below draws on all the coverage).

AI analysis

Story summary

On Tuesday, Wall Street's Nasdaq Composite index hit an all-time high, rising 0.45 percent to extend its year-to-date gains to over 17 percent. This surge was led by tech giants like Nvidia and Apple despite concerns about artificial intelligence (AI) safety risks and sky-high valuations in the tech sector. The Nasdaq-100 Index also reached a record high, with Monolithic Power Systems and Shopify leading gains at 8.1 percent and 7.1 percent respectively. Meanwhile, Asian markets showed mixed performance: Japan’s Nikkei 225 rose about 1.4 percent, while South Korea’s Kospi increased by 0.1 percent; in contrast, Hong Kong’s Hang Seng Index fell more than 0.7 percent. Oil prices were largely stable at around $99 per barrel for Brent crude, after a previous drop due to improved oil flows out of the Gulf and hopes of renewed diplomacy between Washington and Tehran. Additionally, positive sentiment towards AI stocks was bolstered by Meta Platforms' launch of its new agentic tool, Muse, ahead of the anticipated China-US leadership summit.

Written for “AI Market Growth” on 2026-10-30, grounded in this article and the 1 other(s) covering the same event.

Story

📰 AI Market Growth
Economy/Business · 2 article(s) covering the same event. See how they differ ↓

Compared with similar articles

This article reads leans right and hedges 8% of its claims. Each row says how that neighbour differs.
The Guardian
⚖️ Leans left further left than this Hedges 11 of 63 claims Outlet record 66/100
“The articles describe different market conditions at distinct times, with one indicating a warning and the other reporting an all-time high.”
Global News
Hedges 3 of 26 claims Outlet record 63/100
“The articles describe different market movements on separate days, with distinct price changes and no overlap in the specific events or outcomes reported.”
The Guardian
⚖️ Leans left further left than this Hedges 4 of 29 claims Outlet record 66/100
“The articles describe different economic events with distinct focuses on AI's impact and market performance in Australia versus Wall Street.”
South China Morning Post
Hedges 0 of 6 claims Outlet record 64/100
Semafor
Hedges 0 of 4 claims Outlet record 60/100
“The articles cover related market trends but describe different specific time periods and aspects of the AI-driven stock performance.”
The Sydney Morning Herald
Hedges 5 of 35 claims Outlet record 61/100
“The articles describe different market conditions and concerns over a period of time, not the same specific incident.”
ABC News (US)
Hedges 8 of 34 claims Outlet record 70/100
“The articles discuss different aspects of the stock market's reaction to AI over a span of days, with Article A mentioning warnings bringing new scrutiny and Article B reporting an all-time high for Nasdaq despite concerns.”
ABC News (AU)
Hedges 3 of 40 claims Outlet record 68/100
“While both articles discuss the Nasdaq reaching a record high due to AI stocks, they refer to different times: ARTICLE A mentions potential future movement on the ASX and current trends in Nasdaq and oil prices, while ARTICLE B reports an all-time high already achieved.”
How this article was measured signals, leaning charts, publisher record, byline, topics and claims

Signals How these are calculated →

Claims extracted
13
sentences that state something as happening or true
Uncertain
8%
1 of 13 hedged ("reportedly", "may", "according to")
Leaning
Leans right
of the writing, not the subject · beta estimate
Publisher signals
60/100
Al Jazeera's corrections and hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
2
Economy/Business
Same framing elsewhere
1
articles that frame the event the way this one does
Analyzed 2026-09-23 · how these are computed

How this is being covered How these are calculated →

Article leaning vs. publisher reliability
Source leaning vs. consistency

Publisher

Al Jazeera · 4452 article(s) · 2 correction(s) detected
Running correction rate · 2 correction(s)

Who wrote this

John Power
37 article(s) here · 1 carrying a prediction
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Also by John Power
Nothing else under this byline is closely related to this article, so these are simply their most recent.
All 37 articles by John Power →

Topics

Apple Iran Muse Nvidia South Korea’s

Subjects

Iran GPE · 5× Apple ORG · 2× Goldberg PERSON · 2× Iranian NORP · 2× Nvidia ORG · 2× South Korea’s GPE · 2× Tehran GPE · 2× Trump PERSON · 2× Nasdaq ORG · 1× the United States’ GPE · 1×

Narrative

Major Asian stock markets opened higher on Wednesday, with Japan’s benchmark Nikkei 225 and South Korea’s Kospi up about 1.4 percent and 0.1 percent, respectively, in morning trading. Hong Kong’s Hang Seng Index opened lower, falling more than 0.7 percent during the morning trade. Oil prices were largely flat on Tuesday, after falling more than 3 percent the previous day amid improving oil flows out of the Gulf and hopes of renewed diplomacy between Washington and Tehran. Futures for Brent crude, the international benchmark, were trading at $99.18 a barrel as of 01:00 GMT.
framing: assertive · carried by 1 article(s) · first seen 2026-09-23
🔮 US President Donald Trump on Tuesday told reporters that US officials held a “very good” meeting with their Iranian counterparts on the sidelines of the United Nations General Assembly in New York, hours after using his address to the session to warn that he could “annihilate” Iran if Tehran did not agree to a deal on the war.
2026-09-23 · Al Jazeera
Wall Street’s Nasdaq hits all-time high as AI frenzy gathers pace · assertive framing

Claims (13 extracted, 1 hedged)

Wall Street’s Nasdaq stock exchange has hit an all-time high, shrugging off concerns about AI safety risks, sky-high tech valuations and the energy shock caused by the United States’ war on Iran. asserted
exchange → hit → Iran
The Nasdaq Composite index, which is dominated by US tech giants such as Nvidia, Apple and Microsoft, rose 0.45 percent on Tuesday, taking its gains to date this year to more than 17 percent. asserted
which → dominate → percent
Recommended Stories list of 4 items- list 1 of 4Celebrities at the Pentagon: How unusual was the Paul brothers’ visit? - list 2 of 4UNGA Day 1: US and Iran hold talks despite Trump’s threat - list 3 of 4Kamala Harris campaigns with Abdul El-Sayed to unify Democratic voters - list 4 of 4Iran flights to Baghdad, Muscat cancelled ahead of US aviation sanctions The Nasdaq 100, a narrower index that tracks 100 top companies, jumped 0.82 percent. The S&P 500, the most popular measure of the overall US stock market, closed essentially flat. asserted
S&P → hold → market
Monolithic Power Systems, a Florida-based manufacturer of power circuits, and Canadian e-commerce company Shopify led the gains, surging 8.1 percent and 7.1 percent, respectively. asserted
company → base → gains
Micron Technology, one of the world’s top three memory chip makers along with South Korea’s SK Hynix and Samsung Electronics, rose 5 percent. asserted
Technology → rise → Hynix
Chip giant Nvidia, the world’s most valuable company, gained 0.7 percent, while Apple edged up 0.2 percent. asserted
Apple → gain → percent
Meta Platforms, which soared 11.4 percent on Monday on excitement surrounding its new AI assistant Muse, dropped 0.63 percent. asserted
which → soar → assistant
Major Asian stock markets opened higher on Wednesday, with Japan’s benchmark Nikkei 225 and South Korea’s Kospi up about 1.4 percent and 0.1 percent, respectively, in morning trading. Hong Kong’s Hang Seng Index opened lower, falling more than 0.7 percent during the morning trade. Oil prices were largely flat on Tuesday, after falling more than 3 percent the previous day amid improving oil flows out of the Gulf and hopes of renewed diplomacy between Washington and Tehran. Futures for Brent crude, the international benchmark, were trading at $99.18 a barrel as of 01:00 GMT. asserted
Futures → open → GMT
US President Donald Trump on Tuesday told reporters that US officials held a “very good” meeting with their Iranian counterparts on the sidelines of the United Nations General Assembly in New York, hours after using his address to the session to warn that he could “annihilate” Iran if Tehran did not agree to a deal on the war. uncertain
Tehran → tell → war
Trump, whose war on Iran is nearing the seven-month mark, said US and Iranian officials would hold another round of talks in the “very near future”. asserted
officials → near → future
Jay Goldberg, a senior analyst at Seaport Research Partners in San Francisco, said signs of diplomatic progress between the US and Iran had refocused investor attention on the potential of AI to generate profits after years of multibillion-dollar investments. asserted
signs → say → investments
“We have been searching for a clear consumer use case to justify the AI spend, and many see Muse as just that product,” Goldberg told Al Jazeera. asserted
Goldberg → search → Jazeera
“Personally, I think Muse is just a step in the right direction; there will be better products – probably soon – but Muse is one of those things that are so useful they get investors excited about AI prospects again,” Goldberg said. asserted
Goldberg → think → prospects
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