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Micron's stock rose after it released strong earnings and guidance on December 17, while major AI-related stocks like Nvidia and Broadcom fell more than 3%.
Comfort Systems (FIX) is outperforming Carrier (CARR) with a 65.1% year-over-year increase in its backlog to $9.38 billion, driven by strong demand from the technology sector.
S&P Dow Jones Indices announced its quarterly S&P 500 rebalancing, adding Carvana (CVNA), CRH (CRH), and Comfort Systems USA (FIX). The inclusion has triggered a bullish response for the new entrants due to anticipated demand from index-tracking funds.