The Stockholm stock market recorded strong gains for a second consecutive day, with the OMXS30 index rising 2.2% and the broader OMXSPI index also up 2.2%. The rally was driven by positive corporate earnings reports and recent tariff exemptions that lifted technology stocks. Ericsson led the market after posting a first-quarter net profit of 4.2 billion Swedish kronor ($430.7 million), a 61% increase compared to the same period last year. The company reported revenue of $5.15 billion, up 0.31% year-on-year, and earnings per share of $0.12, beating analyst estimates by $0.03. Ericsson's shares surged 7.2% in pre-market trading and were among the top performers on the OMXS30. Avanza also reported better-than-expected results, with operating profit rising 26.4% to 818 million kronor and net income up 27.4% to 707 million kronor. The online broker's revenue grew 21% to 1,152 million kronor, while its operating margin reached 71%. Earnings per share were 4.48 kronor. Operating expenses totaled 333 million kronor, and net interest income was 372 million kronor, down 3%. Growth was driven by a 26% increase in net brokerage income. Other notable market movers included Scandic Hotels, which jumped 7% on its quarterly report, and Corem, which saw a double-digit rebound following previous declines. Fabege declined after its report.