According to CNBC, the Nasdaq Composite surged 15.29% in April, marking its biggest monthly gain since April 2020. Tech stocks rebounded strongly after a weak start to 2026, with earnings from Alphabet, Amazon, and Microsoft beating revenue and cloud expectations. Chipmakers led the rally: Qualcomm rose nearly 40%, Micron jumped 53%, AMD climbed 74%, and Intel surged 100% in its best month on record. Alphabet gained 34% for the month, Amazon rose 27%, and Meta increased nearly 7% despite a 9% drop following its capital spending announcement. The Nasdaq is now up 7% year-to-date after ending March down approximately 7%.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
AIMCo Returns to Strategy Investment, Sits on $69M Gain
Canadian pension fund AIMCo has returned to investing in Strategy, Michael Saylor's bitcoin treasury company, after previously exiting the position. The fund is now sitting on a $69 million unrealized gain from the renewed investment.
AIMCo's decision to re-enter the Strategy investment marks a rev
CryptoFrontier1h ago
Bitcoin Rises Nearly 3% in Past 24 Hours as Market Targets $80K
Bitcoin rose nearly 3% over the past 24 hours as the crypto market showed renewed strength. The asset is approaching the $80,000 level amid broader market optimism.
GateNews1h ago
Buffett: “The church is connected to the casino,” warning investors about an unprecedented gambling sentiment
At the Berkshire Hathaway annual meeting, Buffett said market gambling sentiment is at an all-time high, distinguishing value investing from short-term speculation by the metaphor “a church connected to a casino.” He called out tools such as same-day expiring options and prediction markets. He said having plenty of capital doesn’t necessarily mean things are bad, but that several valuations have become quite absurd. After Abel took over, the market is watching whether Berkshire Hathaway’s capital allocation still maintains a high cash level or has begun buying.
ChainNewsAbmedia1h ago
Cerebras Seeks $4 Billion in IPO With $40 Billion Target Valuation
According to Bloomberg, AI chip manufacturer Cerebras Systems is seeking to raise up to $4 billion in its initial public offering with a target valuation of approximately $40 billion. The California-based company plans to launch its IPO roadshow as early as Monday (May 5). Underwriters have
GateNews2h ago
BlackRock Urges OCC to Drop 20% Cap on Tokenized Reserves in GENIUS Act Comment
According to The Block, BlackRock submitted a 17-page comment letter to the Office of the Comptroller of the Currency on Friday (May 2), urging the agency to reject a proposed 20% quantitative cap on tokenized reserve assets in the GENIUS Act implementation rules. BlackRock argued that such limits a
GateNews3h ago
Ethereum Spot ETFs See $101M Net Inflows Yesterday, Fidelity FETH Leads With $49.4M
According to SoSoValue data cited by ChainCatcher, Ethereum spot ETFs saw net inflows of $101 million yesterday (May 1). Fidelity's FETH led with $49.39 million in single-day net inflows, followed by BlackRock's ETHA with $43.16 million. The total net asset value of Ethereum spot ETFs
GateNews3h ago
