10 Stocks Investors Are Gobbling Up

4. NANO Nuclear Energy Inc. (NASDAQ:NNE)

NANO Nuclear extended its rally to a fourth consecutive session to hit a new all-time high on Monday, as investors poured funds into stocks that would benefit from the booming artificial intelligence industry, including the nuclear energy sector.

During the session, NANO Nuclear Energy Inc. (NASDAQ:NNE) soared to its highest price of $56.46 before paring gains to end the day just up by 20.54 percent at $53.63 apiece.

NANO Nuclear Energy Inc. (NASDAQ:NNE) joined the rally in energy stocks after a series of dealmaking activities to advance AI, the latest being OpenAI’s supply deal with Advanced Micro Devices.

AI deals have recently become the largest catalyst for the nuclear energy sector, with the ongoing developments and aggressive expansion across the sector potentially translating to energy demand growth amid the power-hungry data centers.

In other news, NANO Nuclear Energy Inc. (NASDAQ:NNE) was recently added to the S&P Global Broader Market Index (BMI)—the world’s first float-adjusted global benchmark. Its inclusion paved the way for more public exposure, as funds and investment firms tracking the latter would need to add its stock into their fund portfolios to reflect the index’s composition.

The S&P Global BMI is designed to capture the global, investable equity universe, spanning 48 developed and emerging market countries and representing over 99 percent of available market capitalization worldwide.