The tech-heavy index rallied 9.3% in four sessions as strong earnings boosted investor confidence in artificial intelligence growth.
The Nasdaq 100 has gained approximately $3.5 trillion in market value over the last four trading days, driven by a rebound in technology stocks. Strong earnings reports have reignited optimism around artificial intelligence spending, fueling the rally.
The index climbed 9.3% during the period, recovering from earlier losses. Prior to this surge, the Nasdaq 100 had faced volatility amid shifting expectations for monetary policy and economic growth.
Investors have refocused on the long-term potential of AI-driven revenue, with major tech firms reporting better-than-expected results in the sector.