The Nasdaq-100 rallied over 1.5% as technology and semiconductor stocks rebounded sharply from a recent sell-off. [9, 11, 15] Investor sentiment was boosted by a strong start to the Q2 earnings season and a specific industry catalyst involving Nvidia. [4, 5, 14] Nvidia shares gained after the company disclosed a 9.3% stake in AI cloud provider Nebius Group, lifting the broader chip sector. [4, 5, 9] This positive news and optimism ahead of earnings from other tech giants overshadowed ongoing geopolitical tensions in the Middle East. [2, 4]