Robust M&A momentum in 2026, with U.S. deal value reaching $1.2 trillion in the first five months—nearly double the prior-year pace—has been propelled by megadeals often exceeding $5 billion, many AI-related. Corporate strategics and private equity are executing larger, selective transactions amid stabilizing financing conditions and portfolio streamlining, particularly in technology, life sciences, power and utilities, and energy transition sectors. Recent examples include Nielsen’s $2.15 billion acquisition of DoubleVerify and multiple cross-border carve-outs. Key near-term catalysts through year-end include potential IPOs from major tech names that could validate valuations, activist-driven opportunities, and any shifts in antitrust enforcement or interest rates that influence deal financing. Trader sentiment on near-term acquisitions reflects this elevated activity level and sector concentration while recognizing that smaller or middle-market deals face longer timelines.