Market Recap | Nasdaq Hits Record High as Tech Rallies on AI Growth; Tesla $TSLA Q1 Beats Estimates Amid Spending Surge

The S&P 500 and Nasdaq Composite saw significant gains, driven by mega-cap technology stocks, Alphabet, and semiconductor firms benefiting from AI demand. Coinbase rallied on cryptocurrency sector optimism. NuScale Power and Micron Technology also experienced surges. Boston Scientific's stock rose despite lowered guidance, with trading volume exceeding its average. Market participants are monitoring potential ceasefire developments between the U.S. and Iran and a political standoff over tariff refunds. Tesla reported strong Q1 revenue growth and earnings, though it anticipates substantial capital expenditures. OpenAI released an open-source privacy filtering tool, and Google introduced new AI chips and an enterprise agent platform.▶️ Download our app here:📌 Play Store: ⁠https://play.google.com/store/apps/details?id=com.tradingkey.mobile&hl=en⁠📌 App Store: ⁠https://apps.apple.com/us/app/tradingkey-stock-analysis/id6744304666📢 DISCLAIMERTradingKey provides general information on certain investment products. This information is not intended to constitute financial advice or a recommendation for any specific investment product.