Tech rally powers US stocks to best month since 2020
Strong earnings and AI spending plans help investors shrug off fallout from Middle East conflict
Strong earnings and AI spending plans help investors shrug off fallout from Middle East conflict

Industry posts 5% returns in April as stocks including Intel, Alphabet and AMD soar

S&P 500 and Nasdaq post longest runs of monthly gains in years

Nasdaq climbs after sell-off fuelled by worries over vast AI spending

First-quarter earnings surge eightfold despite rising energy costs from Middle East war

Investors hunt for winners in market that for years has lagged behind Wall Street’s rally

Chinese artificial intelligence advances and the effects of Trump’s trade war have boosted markets outside the US