From Financial Modeling Prep: 2025-06-04 07:51:00

In May, the Nasdaq 100 index surged 8.8%, outperforming global tech peers, with factors like easing trade tensions, AI investments, strong U.S. macro data, and crypto equities rebounding contributing to the rally.

The rebound in U.S. tech was driven by AI optimism and strategic partnerships, with Nvidia, Alphabet, and Tesla seeing significant gains, signaling a resurgence in the sector.

The “Magnificent 7” tech giants, including Apple, Microsoft, and Amazon, rose 13.4% in May, benefiting from sector rotation and investor appetite for AI infrastructure.

While every tech sub-sector saw gains in May, trade policy risks like tariffs, export controls, and U.S.-China tensions could limit future upside for U.S. tech firms.

May’s tech rally was fueled by AI and macro factors, but the sustainability of the momentum hinges on AI investments, tariff disputes, and supply chain stability, emphasizing the need for data-driven decision-making.



Read more at Financial Modeling Prep:: Nasdaq 100 Powers Ahead in May: AI, Trade Optimism…