The current Nasdaq scenario in May 2026 is one of impressive resilience, marked by the renewal of historic records. The index, heavily concentrated in the technology sector, recently surged to the 26,656-point mark (closing on 05/26/2026), driven by a specific "fuel" that sets this moment apart.

​The Pillars of the Current Rise
​Unlike moments of purely speculative euphoria, the current Nasdaq rise is supported by concrete fundamentals:
​The "AI Revolution" as a growth engine: Artificial intelligence has ceased to be just a marketing promise and has become the central pillar of corporate earnings. Semiconductor companies (such as Micron, which reported significant jumps) and tech giants continue to report robust profits. The market is practically pricing in productivity gains and the massive infrastructure scale (such as data centers) that AI demands.
​Corporate resilience vs. high interest rates: Although the global scenario still faces pressure from high interest rates and persistent inflation — exacerbated by the geopolitical conflict between the US and Iran — the market has ignored macroeconomic pessimism. The prevailing view is that the Big Techs have a strong enough "economic moat" to maintain their margins even in a more expensive credit environment.
​The "SpaceX Effect": The news of SpaceX's initial public offering, with a projected valuation between US$ 1.75 trillion and US$ 2 trillion, injected new enthusiasm into the index. This event, still expected for 2026, signals that the capital markets still have a voracious appetite for disruptive innovations and large growth theses.