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It's the market close, and the Nasdaq Composite is leading gains for the major averages (^DJI, ^IXIC, ^GSPC), jumping up by over 450 points. Julie Hyman and Jared Blikre break down the day's market moves and the latest earnings results in today's episode of Market Domination Overtime.

Social media giant Meta Platforms (META) and chip companies Arm Holdings (ARM) and Qualcomm (QCOM) are the latest Big Tech companies to report their earnings for the previous quarter. ROTH MKM Managing Director Rohit Kulkarni ranks Meta's second quarter earnings beat "3.5 out of 5 stars" on its AI-driven ad business, while Morningstar equity strategist Brian Colello still views Qualcomm's position in the PC market recovery a "multi-year story."

This post was written by Luke Carberry Mogan.