IXIC: Nasdaq Composite Pops 0.4% for Another Record. Big Tech Earnings Ahead.

Tech index’s peer, S&P 500, also ticked up to a fresh record, closing above 6,300 for the first time ever. Opendoor? Boy, what a ride.

📈 Tech Optimism Builds

• The Nasdaq Composite IXIC rose 0.4% to 20,974.17, locking in a fresh record close on Monday and marking another milestone for 2025’s turbocharged tech rally (albeit with a delayed April start). The S&P 500 also joined the party, climbing 0.14% to close above 6,300 for the first time ever — at 6,305.60.
• Both indexes notched new intraday highs during the cash session, fueled by gains in heavyweights like Alphabet GOOGL, Meta META, and Amazon AMZN. The Dow Jones? “Bug off and let me rest,” the oldest US index, probably. In other words, the Dow finished flat and unfazed, slipping a modest 0.04%. Let’s let the tech names do the lifting.
• Investors shrugged off trade war noise and chose to focus on what really matters this week: earnings, earnings, earnings.

🔍 All Eyes on Alphabet and Tesla

• Alphabet stock GOOGL, a key name to watch this week, jumped 2.7% ahead of its Wednesday’s earnings report — a rare bit of pre-call confidence in a market that’s been punishing anything less than perfect.
• Tesla stock TSLA, also set to report this week, ended the session slightly in the red. Traders are waiting for updates on robo-taxis, revenue trends, and maybe a tweet-free earnings call (but we won’t hold our breath).
• As two of the Magnificent Seven, the search engine giant and the EV maker could set the tone for the week. Strong beats might fuel another round of record-breaking runs — while misses could finally test this high-flying rally.

📉 Meme Madness Opens the Door

• Opendoor stock OPEN soared around 120% intraday before closing up 43%, caught in a classic retail-trading frenzy — think options-fueled FOMO mixed with heavy Reddit-powered flow like in the good old days.
• Trading got so wild it triggered volatility halts, and by the end of the day, more money had changed hands on Opendoor than on big tech names. Shares of Opendoor, the tech company that deals in stagnant real estate, are up more than 200% in the past five trading days.
• Call it a new meme stock, call it a market sideshow — but one thing’s clear: retail traders are still alive, still hungry, and still more than willing to cause a scene and make some headlines.

🎯 Tech Still Rules the Market

• Back to the broader picture, with both the Nasdaq and S&P 500 clocking records, the bull case is still very much intact — especially if Big Tech earnings come through.
• Trade tensions may be rising, but right now, earnings euphoria is the louder narrative. The next two weeks will see the bigger chunk of the Magnificent Seven offload its second-quarter figures.
• Stay tuned. The rally may be getting a bit stretched thin, but with AI dreams and meme squeezes in full swing, this market’s still got the drama factor.