Tech Momentum Sustains as Nvidia and Nasdaq Extend Rally (NVDA, GOOGL, ASML)

Tech Momentum Sustains as Nvidia and Nasdaq Extend Rally

Apr 15, 2026 10:57 UTC

NVDA, GOOGL, ASML, BAC, QQQ

Short term

The Nasdaq Composite and Nvidia have maintained a powerful bullish streak, marking ten consecutive sessions of gains. This extended rally underscores continued investor confidence in artificial intelligence and high-growth technology stocks, with Google also currently positioned within technical buy zones. Adding to the positive sentiment, semiconductor equipment leader ASML and financial giant Bank of America both reported earnings results that exceeded analyst expectations. These beats provide fundamental support to the technical momentum seen across the indices, suggesting that the rally is backed by tangible corporate performance. Market participants are closely monitoring the sustainability of this streak. While the momentum is strong, the concentration of gains in a few mega-cap names remains a focal point for risk management as the market digests recent gains. Overall, the combination of strong earnings from key sector bellwethers and positive technical setups for AI-centric stocks is driving the current market optimism. Traders are looking for further confirmation as the Nasdaq attempts to extend its winning run.

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Tech Momentum Sustains as Nvidia and Nasdaq Extend Rally

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