The AI train keeps rolling
The Nasdaq just notched a fresh record close, and surprise, surprise — the engine behind the move is the market’s favorite two-letter obsession: AI. When the biggest tech names keep acting like they found the cheat code, the index tends to follow them straight into the green room.
Meta did the heavy lifting
Meta had its best day since April 2025, which is the kind of move that makes traders sit up a little straighter and reach for the “growth at any price” button. It’s another reminder that the AI trade is still crowded, but crowded trades can keep winning for a long time when the narrative keeps paying off.
Dimon throws a macro wrinkle into the party
JPMorgan boss Jamie Dimon also chimed in on AI’s potential impact on inflation. That matters because if AI really does boost productivity, it could change the Fed math down the road. In plain English: if companies can do more with less, inflation pressure might cool faster than expected — and stocks love a world where growth doesn’t have to fight rates every inch of the way.
Big picture
For investors, this is the classic “don’t fight the tape” moment. The market is telling you that AI is still the main character, and until that changes, the Nasdaq may keep looking like it’s powered by rocket fuel and optimism.