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.

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

The AI bull market accelerated in May as Dell, Micron and Snowflake surged, lifting U.S. stocks to record highs and extending a historic S&P 500 winning streak.