AI boom, resilient earnings and still-growing economy powering S&P 500 to new highs. However, it is concentrated in semiconductors.

AI boom, resilient earnings and still-growing economy powering S&P 500 to new highs. However, it is concentrated in semiconductors.

The S&P 500 Momentum Index surged 31.7% in two months, its best stretch since 1994, driven by AI stocks. Here's what it means for crypto investors.