Top Tech Companies Drive Stock Market Growth: Super Micro, Micron, Dexcom, Constellation Energy, and Moderna Lead the Way

Super Micro and Micron Lead S&P 500 Index on Monday with AI Stocks

On the stock market, Super Micro Computer (SMCI), Micron Technology (MU), Constellation Energy (CEG), Dexcom (DXCM), and Moderna (MRNA) were the top gainers in the S&P 500 index.

Super Micro’s stock soared by 7.2% to 1,042.79, surpassing its 21-day line and 1,000 mark. The company, which produces AI servers using chips from Nvidia (NVDA) and other companies, has been one of the best performers in the S&P 500 with a substantial increase of 267.3% in 2024.

Meanwhile, Micron’s stock jumped by 6.2% to 117.04, building on its impressive performance from last week. The memory-chip giant reported a surprise profit and offered bullish guidance due to AI advancements. Dexcom’s stock also gained 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 an increase of 5.1% to 187.26, reaching a new record high as demand for energy increases due to booming data centers continues to grow. Lastly, Moderna’s stock rose by 4.7% to

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