On Monday, Super Micro and Micron Lead S&P 500 AI Stocks

Top Five Gainers on S&P 500 Index: Dexcom, Constellation Energy, Moderna, Super Micro Computer and Micron Technology

Dexcom, Constellation Energy, Moderna, Super Micro Computer, and Micron Technology were the top gainers on the S&P 500 index today.

Dexcom stock saw a 5.2% increase, reaching 140.10 and breaking through a mini-consolidation within the buy zone of a flat base. The medical device company has been gaining momentum since its earnings report in late February and is now up 39.9% in 2024. Investors could treat 137.93 as an alternate or add-on entry for DXCM stock.

Constellation Energy stock surged 5.1% up to 187.26, reaching a record high and surpassing a short consolidation. The electric utility company has been benefiting from the increasing demand for energy in booming data centers and is now up 60.2% in 2024, placing it behind only Super Micro and Nvidia within the S&P 500.

Moderna’s shares were actionable on Monday after breaking the downtrend of the handle, leading to a rise of 4.7%. The biotechnology company has been working on its COVID-19 vaccine and is now nearing a buy point from a cup-with-handle base, with shares at $11.38 as of today’s close.

Micron stock jumped 6.2% to $117.04 due to strong momentum from last week linked to AI trends and optimistic guidance from its latest earnings report. The memory-chip giant is now up 37.25% in 2024, ranking sixth in the S&P 500 this year after joining the index before the open on March 18 and experiencing an initial decline of around $9%. Super Micro Computer was once again atop the S&P

Leave a Reply

Sources reveal that YES Network engaged in conversations with Buck Showalter regarding potential involvement with Yankees’ regional network Previous post Two Former New York Yankee Managers Pursued TV Opportunities with YES Network, but Only One Landed a Job: Buck Showalter”.
Waldo becomes a central hub for women-owned businesses Next post Women-Owned Businesses in Waldo: Support, Collaboration and Celebrating Entrepreneurship