Moderna and Software Stocks Lead August S&P 500

Quartz reported that Moderna stock topped S&P 500 performers after melanoma vaccine data emerged. The outlet added that enterprise software names including Palantir and Salesforce rallied when a large leveraged fund collapsed in late July and its positions were unwound. One Quartz post noted Cramer had linked the software rebound to fading AI fears. A companion article described the same two drivers behind the month's biggest winners.