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Intel, Nebius, And Applied Optoelectronics Are Among the Top 10 Large-Cap Gainers Last Week (April 6-April 10): Are the Others in Your Portfolio?
AI and data center momentum powered a sharp rally across tech and infrastructure names, with several stocks posting outsized weekly gains.
Short squeezes, major AI deals, and hyperscaler demand drove the surge, highlighting strong investor appetite for next-gen computing plays.
These ten large-cap stocks were top performers last week. Are they a part of your portfolio?
Avis Budget Group, Inc. (NASDAQ:CAR) jumped 51.15% in the last week following an overheated short squeeze run that pushed the stock into record territory.
Applied Optoelectronics, Inc. (NASDAQ:AAOI) gained 37.18% this week. The company announced it received a new $71 million order for 800G single-mode data center transceivers from one of its major hyperscale customers. Citron shorts Applied Optoelectronics, calling its rally overhyped despite staying bullish on fiber player Corning.
Nebius Group ...
Source: Benzinga