By Callum Keown
The S&P 500 may be on a hot streak but some of its stocks are absolutely on fire.
The index has climbed for seven consecutive days through Thursday's close -- up 7.6% over that period -- its longest winning streak since October.
Intel stock is the best performer over the S&P 500's streak, climbing 50%. The semiconductor company's shares are also up for seven consecutive days. The stock has capitalized on the broader market optimism relating to the Iran cease-fire but it has also been driven by a series of company announcements.
Intel has joined Tesla and SpaceX's Terafab chip building projects, deepened its collaboration with Google and agreed to buy back full control of its chip factory in Ireland all in the past seven trading days.
Flash memory supplier Sandisk has jumped 49% -- it didn't need big news announcements, just its own incredible momentum. The shares are now up more than 2,220% over the past 12 months.
Tech is a recurring theme. Data storage company Seagate Technology is up 38%, optical networking company Lumentum has climbed 37% and fellow memory Western Digital is up 34%.
Write to Callum Keown at callum.keown@dowjones.com
This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
April 10, 2026 07:38 ET (11:38 GMT)
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