From Financial Modeling Prep: 2025-06-04 07:48:00

In May, the Nasdaq 100 index outperformed Europe’s STOXX Europe 600 Technology index, gaining 8.8% due to easing trade tensions and U.S.-Middle East economic agreements.

Deutsche Bank highlighted the “Magnificent 7” tech giants, surging 13.4% in May fueled by tariff relief, AI investments, positive U.S. macro data, trade sentiment, and crypto momentum.

Key stock performances included Nvidia up 24.1%, Google up 8%, and Tesla up 0.4% but 46% since April on Elon Musk’s focus and AI-powered robotaxis launch plans.

Deutsche Bank cautions on short-lived outperformance due to heavier U.S. tariffs, elevated policy risks, reinstated tariffs, and semiconductor export restrictions.

All tech sub-industries posted positive returns in May, offering investors insights through tools like the Sector P/E Ratio API and Historical S&P 500 Constituents API for sector trends and index changes.



Read more at Financial Modeling Prep:: Nasdaq 100 Leads Global Tech Rally in May, Surpass…