Seeking Alpha
29 May 2026, 20:00 UTC · 2h ago
Source · https://seekingalpha.com/article/4910126-stocks-surge-in-may-why-ai-euphoria-is-spreading-what-it-means-for-investors
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The Nasdaq 100 ETF surged over 10% in May, driven specifically by hardware and memory sectors. — High double-digit growth in core tech indices signals strong momentum and heavy capital inflow into AI infrastructure.
+0.80AI-driven gains are broadening into SMID caps and international equities, specifically in South Korea and Taiwan. — Market broadening suggests the AI trade is evolving from a few mega-caps to a systemic global trend, increasing risk appetite.
+0.60The S&P 500 ETF rose 5% in May. — Positive broad-market movement indicates a generally bullish sentiment across the US large-cap equity landscape.
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