^NDX Today: January 10 — Wells Fargo AI picks, Figma upgrade in focus
AI software stocks set the tone on January 10 as Wells Fargo’s 2026 outlook lands alongside a Figma upgrade and an Intuit rating cut. The Nasdaq 100 (^NDX) traded slightly lower, but leadership remains tied to enterprise AI adoption and recurring revenue growth. For German investors, USD exposure and sector mix matter. We focus on what these broker moves mean for index momentum, how AI software stocks may steer returns, and practical steps to position in euros.
Nasdaq 100 today: levels and momentum
^NDX traded at 25,401.32, down 0.41% (-105.78). The session ranged between 25,354.66 and 25,520.51. The index sits near its 50-day average of 25,347.09 and above the 200-day average of 23,063.21. The 52-week span runs from 16,542.20 to 26,182.10. This keeps pullbacks contained while buyers defend key moving averages that many funds watch.
RSI stands at 57.89, which signals firm but not stretched momentum. ADX at 13.58 points to a weak trend, so intraday swings can be choppy. The middle Bollinger band is 25,393.26, with the upper at 25,946.86 and lower at 24,839.66. ATR of 309.56 shows active range, useful for setting stops and sizing risk.
Wells Fargo’s 2026 view: upgrades and risks
Wells Fargo highlighted its 2026 software outlook, upgrading Figma and cutting its rating on Intuit. The call puts enterprise tools with fast AI adoption in the spotlight and pressures slower growers. These moves can shift flows into higher-growth names inside the Nasdaq 100 as funds rebalance toward clear winners. source
The bank’s list of top AI-driven names for 2026 strengthens the case for AI software stocks over legacy suites that lag on product velocity. Investors often reward durable net retention and rising AI attach rates. If spending stays focused on automation and copilots, software could lead index gains again. source
What German investors can do now
We can gain Nasdaq 100 exposure via EUR-denominated ETFs on Xetra or through USD funds. Remember that the index is USD-linked, so EUR/USD moves affect returns. Consider whether to hedge currency risk, especially if your costs and goals are in euros. Use accumulating share classes if you prefer automatic reinvestment.
If we tilt toward AI software stocks, we should balance growth with cash-flow names to limit drawdowns. Keep position sizes small around earnings. Use ATR or a fixed percent to set stops. Watch RSI and price versus the 50-day average for adds or trims. Review fees, spreads, and tax treatment in Germany.
Final Thoughts
AI software stocks drove today’s conversation as Wells Fargo’s 2026 outlook paired a Figma upgrade with an Intuit rating cut. For ^NDX, that points to leadership tied to AI adoption, faster product cycles, and sticky subscription revenue. German investors can express this view through EUR ETFs or USD funds, with a clear plan for currency risk. Our takeaway: define your AI software stocks allocation, use the 50-day average and ATR to guide entries and risk, and scale around earnings dates. Keep costs low, stay diversified across growth and quality, and reassess if momentum fades below key supports.
FAQs
What are AI software stocks?
These are software companies that build products with artificial intelligence at the core, such as copilots, automation, analytics, and security. They often sell subscriptions with recurring revenue. Investors look for strong net retention, fast adoption, and clear pricing for AI features that can lift margins and growth.
How do the Figma upgrade and Intuit rating cut matter for ^NDX?
Broker calls can shift flows within the Nasdaq 100 by changing expectations on growth, margins, and product momentum. An upgrade can attract fresh demand, while a cut can pressure valuations. The net effect guides sector leadership and may influence index returns, especially when themes like enterprise AI dominate.
How can German investors get exposure to this theme?
Use ETFs tracking the Nasdaq 100 on Xetra for EUR exposure, or USD-listed funds if you prefer dollar assets. Check fees, spreads, and tax rules. Decide on currency hedging to manage EUR/USD swings. Diversify across leading AI names and broader tech to reduce single-name risk.
What are the main risks to AI software stocks now?
Key risks include slower enterprise budgets, higher-for-longer rates that compress valuations, and customers delaying AI rollouts. Competition can also squeeze pricing. Watch earnings dates, guidance on AI attach rates, and currency moves if you invest from Germany, since USD swings can amplify gains or losses.
Disclaimer:
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.