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Tech stocks kicked off the week in the green, with the Nasdaq climbing more than 2% on Monday.

Wall Street is now preparing for SpaceX's (SPCX) first-ever quarterly earnings report after the bell this afternoon. The space and AI company's stock has fallen nearly 30% from its $150 debut price, and investors are looking for any catalysts that could help turn things around.

AMD (AMD) will also report its results, providing a better look into the state of the AI chip market. Rival Intel (INTC) announced its earnings last month, topping analysts' estimates on the top and bottom lines and issuing better-than-anticipated guidance for the current quarter.

Nvidia will report its results on Aug. 26.

Elsewhere, Amazon's (AMZN) market cap topped $3 trillion for the first time on Monday, and Microsoft (MSFT) stock continued to climb higher, after posting strong earnings results last week.