Today, the top performers on the S&P 500 were Super Micro Computer (SMCI), Micron Technology (MU), Constellation Energy (CEG), Dekcom (DXCM) and Moderna (MRNA).

Super Micro shares jumped 7.2% to 1,042.79 and hit new highs of over 1,000. This AI server maker has been a standout performer in recent months, with its chips from Nvidia and other companies driving strong demand. In 2024, SMCI stock has gained an impressive 267.3%, making it one of the best-performing stocks in the S&P 500 this year.

Micron Technology shares also rose sharply by 6.2% to 117.04, building on last week’s strong momentum from surprise profits and positive guidance related to artificial intelligence trends. The memory chip giant has been benefiting from growing demand for power in booming data centers, and its shares are up an impressive 37.25% so far in 2024, placing it sixth in the S&P 500 this year.

Dekcom shares also gained ground by breaking out of their mini-consolidation inside the flat base buy zone with a gain of 5.2%. Shares of CEG rose by hitting a record high and beating brief consolidation after earnings in late February that benefited from growing demand for power in data centers as well as favorable weather conditions that boosted utility sales across the country.

Moderna’s shares also rose by approximately 4.7%, coming close to their buy point from a cup-and-handle base after breaking down below it earlier this year due to concerns over competition from other COVID-19 vaccine makers like Pfizer and Johnson & Johnson. Investors can consider treating DXCM stock at an alternative or additional entry point at its recent low of $137.93 before investing further in this promising stock opportunity.

Constellation Energy’s shares have risen by an astounding 60.2% so far in 2024, ranking third behind only Super Micro and Nvidia among all S&P

By Samantha Johnson

As a dedicated content writer at newspuk.com, I immerse myself in the art of storytelling through words. With a keen eye for detail and a passion for crafting engaging narratives, I strive to captivate our audience with each piece I create. Whether I'm covering breaking news, delving into feature articles, or exploring thought-provoking editorials, my goal remains constant: to inform, entertain, and inspire through the power of writing. Join me on this journalistic journey as we navigate through the ever-evolving media landscape together.

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