QQQ is trading at $707.07 (+1.58%) on a semiconductor rebound and renewed optimism ahead of major Big Tech earnings this week.

  • Nvidia is a key catalyst after disclosing a 9.3% stake in Nebius, which helped lift chip sentiment and the broader tech complex.
  • The move tracks a wider market rebound as investors rotate back into growth stocks following last week’s tech selloff.
  • Nasdaq futures and the Nasdaq Composite are trading higher as the market prepares for high-profile earnings reports.