S&P 500: AI Fuels 42% Surge

The AI revolution powers unprecedented S&P 500 gains, with the index climbing +42% over the last two years and notching 15 all-time highs year-to-date amid AI market impact and stock market momentum. Strip out AI names, and the benchmark rises just +16% in the same period, still trading below its February peak as AI industry growth dominates S&P 500 performance. Traders eye this divergence as AI stocks like those tied to TAO ecosystems amplify hype, contrasting broader market hesitance in a landscape shaped by recent regulatory shifts and tech sector volatility over the past 12 months.