The Invesco QQQ Trust (QQQ) closed at $523.05 on January 30, 2025, up 0.43%, as the Nasdaq 100 Index rose 0.45% to 21,508.12, buoyed by strong earnings from major tech firms. Meta, Tesla, and IBM reported positive earnings, which helped lift market sentiment despite Microsoft's underwhelming cloud growth forecast. The tech sector's resilience was further supported by a $2 billion inflow into Nvidia-related assets, indicating strong retail investor interest. Additionally, SoftBank's potential $25 billion investment in OpenAI contributed to the positive outlook for tech stocks. The Federal Reserve's recent meeting provided little new information, allowing the focus to remain on corporate earnings and economic data. The U.S. GDP report showed modest growth of 2.3% annualized, easing fears of economic overheating and supporting equity markets.