The S&P 500 remained resilient as hyperscalers rallied, despite significant month-to-date declines in Goldman Sachs’ High-Beta Momentum Index (-24%) and Morgan Stanley’s Tech Momentum Index (-35%). ASML reported a Q2 earnings beat and raised FY26 guidance, while Stripe and Advent reportedly offered to acquire PayPal ($PYPL) at $60.50 per share. High options activity was concentrated in $NVDA, $TSLA, $AAPL, $MU, $AMZN, $MSFT, $META, $INTC, $GOOGL, and $SPCX.