**"AI Trade Reignites: Nasdaq Surges as Big Tech Earnings Fuel 8-Day Rally – What’s Next for Investors?"**amzn stock
The **Nasdaq** soared today as the **AI trade roared back to life**, powered by blockbuster earnings from Big Tech. The **S&P 500 and Dow** extended their winning streak to **8 straight days**, signaling renewed Wall Street optimism. Here’s what’s driving the rally—and whether it can last. **Key Market Drivers** ✅ **Big Tech Earnings Beat**: AI leaders like **Nvidia (NVDA), Microsoft (MSFT), and Alphabet (GOOGL)** posted stronger-than-expected profits, reigniting the AI investment frenzy. ✅ **Fed Rate Cut Hopes**: Softening inflation data kept **2024 rate cuts** on the table, boosting risk appetite. ✅ **Sector Rotation**: Money flowed back into tech after a brief pullback, with the **Nasdaq up 1.8%** intraday. **What’s Next?** 🔮 **AI Momentum Test**: Can the rally hold post-earnings? Watch **AMD (AMD)** and **Amazon (AMZN)** reports this week. ⚠️ **Overbought Signals**: The S&...