10 Big Names With Whopping Gains; 6 Jump All-Time Highs

Ten companies defied a broader market pessimism on Thursday, boasting strong gains, amid industry-specific developments that spilled over to their stocks.

Of the 10, six stocks notably posted new all-time highs.

Meanwhile, the Dow Jones declined by 0.52 percent, followed by the S&P 500, dropping 0.28 percent, and the Nasdaq, down 0.08 percent.

In this article, we focus on the 10 companies that led the charge in Thursday’s trading and detail the reasons behind their gains.

To come up with the list, we focused exclusively on mid-cap stocks with at least $2 billion in market capitalization and 5 million shares in trading volume.

10. Nebius Group NV (NASDAQ:NBIS)

Nebius Group grew for a second day on Thursday, jumping 8.72 percent to close at $132.64 apiece as investors maintained their buying spree in AI stocks amid a surge of dealmaking activities across the sector.

For its part, Nebius Group NV (NASDAQ:NBIS) recently clinched an $18 billion cloud computing deal with technology giant Microsoft Corp., strengthening its position in the rapidly growing demand from AI firms.

According to the company, the capacity will be delivered from its new data center in Vineland, New Jersey, with capital expenditures targeted to come from a combination of cash flow from the deal and the issuance of debt.

Last month, Nebius Group NV (NASDAQ:NBIS) successfully raised $1.15 billion in fresh funds through the issuance of convertible senior notes and its underwriters’ exercise of their option to purchase over 1.6 million shares for a total of $150 million.

Additionally, it may tap other financing options to enable significantly faster growth than originally planned.

9. Rigetti Computing Inc. (NASDAQ:RGTI)

Rigetti Computing saw its share prices increase by 8.98 percent on Thursday to close at $47.11 apiece as investors chased technology stocks in a bid to position themselves in the booming AI sector, shunning concerns about a quantum computing bubble.

Investor optimism followed announcements last week that Rigetti Computing Inc. (NASDAQ:RGTI) bagged new $5.7 million worth of new orders from two companies for its 9-qubit Novera computing system.

One of the clients, based in Asia, would leverage the system as a testbed to develop its own internal quantum computing expertise, while making it a benchmark to validate its own quantum computing technologies. Meanwhile, the other client, a startup from California, would utilize the product for quantum hardware and error correction research.

Rigetti Computing Inc. (NASDAQ:RGTI) said it targets the delivery of the orders in the first half of 2026.

According to Rigetti Computing Inc. (NASDAQ:RGTI), the Novera quantum computing system is ideal for pursuing research to better understand key areas of quantum computing, including how qubits operate, optimizing control systems, testing design and characterizing gates, mitigating decoherence, and developing more efficient quantum algorithms.