(Reuters) -Wall Street futures held steady on Friday as investors took a breather following record closes for the S&P 500 and the Nasdaq in the previous session and awaited clarity on trade negotiations ahead of next week's tariff deadline.

For anybody hunting for parallels between contemporary markets and 1999, BTIG’s Jonathan Krinsky has a chart that might be of interest.

Nasdaq (NASDAQ:NDAQ) shares gapped up 6.4% in Thursday morning trading after its second-quarter earnings and revenue rose past the consensus, with all three of its business units logged solid gains.

Nasdaq is expected to release its earnings on July 24, covering a quarter that experienced a surge in the Nasdaq 100 index and U.S. stocks, reaching all-time high.

Two companies have recently seen their stock prices head higher on optimism about the future growth in AI spending. Palantir Technologies (NASDAQ: PLTR) shares are up 93% from their April low, as of this writing. Taiwan Semiconductor Manufacturing (NYSE: TSM) is up 67% in that same period.

Still, XRP's growth curve is undeniably gentler than Strategy's, and it's possible that its millionaire-maker trajectory is largely in the past rather than the future. Ripple needs to roll out additional services, court more governments and regulators, and withstand political pushback if it happens again.

While the Nasdaq 100 (^NDX) is filled with cutting-edge technology and consumer companies, not all are on solid footing. Some are dealing with declining demand, high costs, or regulatory pressures that could limit future upside.

About This EventMega Fortune (Nasdaq: MGRT), an innovative Internet of Things (IoT) company based in Hong Kong, visits the Nasdaq MarketSite in Times Square to ring the Closing Bell, celebrating its official listing on the Nasdaq Stock Market and 14th anniversary of delivering cutting-edge BPO services and IoT integration solutions,