In the S&P 500 index, Super Micro Computer (SMCI), Micron Technology (MU), Constellation Energy (CEG), Dexcom (DXCM), and Moderna (MRNA) emerged as the top gainers on the stock market.
Super Micro’s stock price surged by 7.2% to 1,042.79, bouncing above the 21-day line and 1,000 mark. The company’s AI servers utilize chips from Nvidia (NVDA) and other companies, making it a standout performer in the S&P 500 with a substantial increase of 267.3% in 2024.
Micron’s stock rose by 6.2% to 117.04, building on its strong performance from last week. The memory-chip giant reported a surprise profit and provided bullish guidance thanks to AI advancements. Dexcom’s stock also climbed by 5.2% to 140.10, breaking out of a mini-consolidation within the buy zone of a flat base.
Constellation Energy’s stock saw a 5.1% increase to 187.26, hitting a record high
