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A number of stocks jumped in the afternoon session after the major indices rebounded from a week of heavy selling.
A number of stocks jumped in the afternoon session after the major indices rebounded from a week of heavy selling.
US stocks surged, with the Dow Jones Industrial Average crossing 50,000 for the first time ever, driven by consumer confidence and improving outlooks.
Shares of fabless chip and software maker Broadcom (NASDAQ:AVGO) jumped 7.6% in the afternoon session after Wall Street digested the significant revenue potential from recent AI capital expenditure plans announced by key customer Google.
Shares of financial automation platform BILL (NYSE:BILL) jumped 38.7% in the afternoon session after the company reported strong fourth-quarter 2025 results that surpassed analyst expectations and provided an optimistic financial outlook.
Shares of leading designer of graphics chips Nvidia (NASDAQ:NVDA) jumped 7.8% in the afternoon session after CEO Jensen Huang declared that the $660 billion tech industry investment in AI infrastructure is sustainable and justified.
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Shares of payment solutions provider WEX (NYSE:WEX) jumped 7.3% in the afternoon session after the company reported strong fourth-quarter results that surpassed expectations and issued a positive forecast for 2026.
Shares of semiconductor designer Lattice Semiconductor (NASDAQ:LSCC) jumped 5.5% in the afternoon session after analyst sentiment turned positive on the company's strong position in the emerging field of post-quantum cryptography.
Shares of computer processor maker Intel (NASDAQ:INTC) jumped 4.6% in the afternoon session after reports revealed that the company planned to raise server CPU prices amid shortages, coupled with a massive spending forecast from cloud giant Amazon.
Shares of automation software company UiPath (NYSE:PATH) jumped 5.8% in the afternoon session after the company announced the acquisition of WorkFusion, a firm specializing in AI agents for financial crime compliance.
Shares of clothing and footwear retailer Boot Barn (NYSE:BOOT) jumped 6.1% in the afternoon session after the company reported strong financial results for the third quarter of fiscal 2026 and raised its full-year guidance.
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Shares of beauty products company Coty (NYSE:COTY) fell 12.6% in the afternoon session after the company reported fourth-quarter 2025 results that missed Wall Street's profit expectations.
Shares of power management chips maker Monolithic Power Systems (NASDAQ:MPWR) jumped 5.1% in the afternoon session after the company reported fourth-quarter results that topped Wall Street estimates and provided an optimistic outlook for the upcoming quar