NASDAQ remains cautiously bullish as earnings season surprises higher. Palantir delivered a major beat — revenue +8.1% above forecasts and EPS +25% — driven by rapid adoption of AI defense and enterprise analytics platforms.
AI-linked hardware and cloud names continue to provide index leadership even as momentum cools.
Key Levels: Support 25,248.9 │ Resistance 26,333.7
Technical Read: RSI ~20 deeply oversold; emerging MACD selling pressures
Investor Takeaway: Strong earnings floor downside — but entry timing matters with stretched sector positioning.