Nasdaq 100 Sets New All-Time High on Strong Tech Earnings Beats

The Nasdaq 100 hit a fresh all-time high on April 30, 2026, up 0.17%, fueled by better-than-expected tech earnings amid easing inflation fears. Alphabet reported Q1 revenue ex-TAC of $94.57B versus $91.57B consensus, propelling shares up over 6%, while Qualcomm's Q2 adjusted revenue of $10.60B beat $10.56B estimates, driving a 16% surge. The S&P 500 rose 0.39% and Dow 1.20%, aided by lower WTI crude and 10-year Treasury yield falling to 4.386%. Despite Meta's plunge on higher capex and Microsoft's Azure worries, about 80% of S&P 500 earners beat estimates, bolstering positive sentiment.