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TRX $0.3287 -0.02%
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LINK $8.16 -0.45%
HYPE $57.35 +3.96%
AAVE $91.28 -0.78%
SUI $0.6909 -0.14%
XLM $0.1661 -2.52%
ZEC $514.21 +5.18%

Tech stocks rebounded strongly, with the Nasdaq's market value soaring by $3.5 trillion in four days

2026-08-05 18:02:00

According to Jinshi reports, strong earnings have boosted investors' confidence in the prospects of artificial intelligence, driving the Nasdaq 100 index to rise 9.3% in just four days, marking the strongest rebound since April 2025, with a market value surge of $3.5 trillion.

The rebound in the technology sector is broad-based, with increases seen in semiconductor companies, software firms, and hyperscale data center operators that have made significant capital expenditures. Investors favor companies that demonstrate tangible artificial intelligence revenue, while being cautious towards those with less obvious earnings.

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