The stock market kicked off the shortened trading week on a positive note, with all major indices finishing in the green territory as investors continued to monitor more corporate earnings results.

The S&P 500 led the charge among its peers, recording a modest 0.24 percent gain. The Dow Jones and the tech-heavy Nasdaq were similarly up, albeit posting lackluster gains of only 0.02 percent and 0.07 percent, respectively.

In comparison, 10 companies delivered stronger performances thanks to continued investor confidence. One company in particular stood out for jumping more than 100 percent in just two trading days.

To come up with Tuesday’s top performers, we considered only the stocks with at least $2 billion in market capitalization and $5 million in daily trading volume.

10. Nebius Group N.V. (NASDAQ:NBIS)

Technology firm Nebius Group N.V. (NASDAQ:NBIS) extended its winning streak for a third day on Tuesday, adding 8.05 percent to close at $48.07 apiece, as investor sentiment was fueled by Nvidia Corp.’s (NASDAQ:NVDA) investment in the company, while repositioning portfolios ahead of the release of its earnings performance on Wednesday, February 20.

Since last week, funds started flocking to NBIS following news that NVDA, a key player in bolstering the Artificial Intelligence industry, announced that it had acquired a 0.3-percent stake in NBIS. The giant chipmaker’s investment boosted investor confidence on expectations of bright business prospects for the company.

Headquartered in Amsterdam, The Netherlands, NBIS is a technology company offering AI infrastructure such as computing, storage, platforms, and tools and services for developers.

9. Grab Holdings Limited (NASDAQ:GRAB)

Transport network giant Grab Holdings Limited (NASDAQ:GRAB) grew its share prices by 8.16 percent on Tuesday to close at $5.3 apiece as investors cheered news of potential tax rebates from the Singapore government.

On Monday, Singapore Prime Minister and Finance Minister Lawrence Wong announced that companies, including GRAB, will receive a 50-percent corporate income tax rebate in 2025 amid robust corporate and consumption tax revenues.

This year’s budget included various spending initiatives on infrastructure investments to consumer vouchers, all of which were aimed at strengthening the economy against global trade challenges while supporting citizens amid higher living costs.

Eligible firms, even if not profitable, will also receive a cash grant between $1,500 to $2,000. The total benefit that a firm can receive will be capped at $40,000.

8. Moderna, Inc. (NASDAQ:MRNA)

Shares of Moderna, Inc. (NASDAQ:MRNA) ended firmer for a third day, adding 8.37 percent to end Tuesday’s trading at $35.75, as investors took path from the company’s long-term outlook, shunning dismal earnings performance last year.

In its earnings release on Friday, MRNA said it would focus on driving sales this year and deliver up to 10 product approvals until 2027.

“By the end of 2025, we aim to remove nearly $1 billion in costs. With strong momentum in our late-stage pipeline, we anticipate multiple approvals starting this year, along with key Phase 3 readouts that will support our long-term growth,” said MRNA CEO Stephane Bancel.

In the fourth quarter of 2024, MRNA swung to a net loss of $1.12 billion versus a net income of $217 million in the same period a year earlier. However, net losses narrowed by 24 percent for the full year, ending at $3.561 billion versus $4.7 billion in 2023.

Revenues for the quarter also fell by 66 percent to $966 million from $2.811 billion year-on-year, while revenues for the full year plummeted by $3.236 billion from $6.848 billion in the same comparable period.

7. Bath & Body Works, Inc. (NYSE:BBWI)

Bath & Body Works, Inc. (NYSE:BBWI) saw its share prices rally for a fourth straight day, adding 9.68 percent to close at $40 each as investor optimism was fueled by JPMorgan’s upgraded rating for the company.

According to JPMorgan analysts, they raised BBWI’s stock rating to ‘overweight’ from ‘neutral’ previously and lifted the price target to $47 from $41, citing encouraging recent product launches and shrinking headwinds from post-pandemic levels.

In particular, the investment was bullish about BBWI’s recent partnership with Walt Disney Co. (NYSE:DIS), where a Disney Princess-inspired collection spanning 85 products across all categories, was launched both in online and physical stores.

According to the analyst, BBWI’s partnership could lead to an inflection on both top line and bottom line figures for the company.

6. Walgreens Boots Alliance, Inc. (NASDAQ:WBA)

Walgreens Boots Alliance, Inc. (NASDAQ:WBA) grew its share prices by 14.02 percent on Tuesday to end at $11.06 apiece as investor sentiment was boosted by reports that its potential acquisition by private equity firm Sycamore Partners is making progress.

According to a report by CNBC, negotiations between Sycamore and WBA remain alive after being considered mostly dead a few weeks ago.

Reports about the potential acquisition broke out in December last year, with the deal expected to be successfully closed this year, assuming talks don’t falter.

According to the report, Sycamore “would likely sell off pieces of the business or work with partners.”

In October last year, WBA announced that it was closing around 1,200 stores over the next three years, including 500 for this year alone, as it scrambles to turn around its ailing business.

5. JetBlue Airways Corporation (NASDAQ:JBLU)

JetBlue Airways Corporation (NASDAQ:JBLU) extended its winning streak for a fourth straight day, as investors bought up on rumors that it was being targeted for acquisition again—this time by Southwest Airlines.

The reports came after Chris Click—union leader of Southwest’s flight attendants—took to Facebook to run a poll of which airline Southwest was targeting. The poll included JBLU, as well as Spirit, Breeze, Frontier, and Allegiant.

The poll followed his selfie photo during an executive meeting—giving signals to investors that Southwest was about to announce a merger and acquisition deal.

JBLU has long maintained that the only way for it to grow is to expand through mergers and acquisitions. It was looking to break into the top four and join American, United, Delta, and Southwest as the biggest domestic airlines.

Following its merger attempt with Spirit Airlines, rumors also surfaced that Alaska Airlines, which recently acquired Hawaiian Airlines, was interested in acquiring JBLU.

4. Intel Corporation (NASDAQ:INTC)

Intel Corporation (NASDAQ:INTC) surged by 16.06 percent on Tuesday to end at $27.39 apiece as investors bought up on news that it was being targeted for acquisition by two of the world’s largest semiconductor manufacturers—Taiwan Semiconductor and Broadcom.

According to a report by Wall Street Journal, the two companies are weighing bids that could result in splitting the embattled chipmaker.

Citing people privy to the matter, Broadcom was said to be considering a play for the company’s chip design and marketing segment while TSMC was interested in a stake or full ownership of INTC’s factories. Talks, however, have yet to be formalized.

INTC has long been ailing in recent years, shedding billions in market value, as it fell behind the booming Artificial Intelligence industry that has swept up the broader semiconductor sector.

3. Super Micro Computer, Inc. (NASDAQ:SMCI)

Super Micro Computer, Inc. (NASDAQ:SMCI) rose for a fourth straight day on Tuesday, jumping 16.47 percent to finish at $55.80 apiece as investors bought up on the company’s optimistic long-term business outlook, alleviating fears about the looming deadline for its delayed regulatory filings.

Last week, the company said it expects to have achieved revenues for the second quarter of fiscal year 2025 to register between $5.6 billion and $5.7 billion, or a 54-percent increase year-on-year.

Diluted net income per share was pegged between 50 cents to 52 cents, or flat from the same period year-on-year.

Meanwhile, Super Micro Computer said it expects to book revenues of $40 billion for fiscal year 2026, way higher by $10 billion than the analyst consensus, with growth expected to be driven by the integration of DLC technology, which is seen to be adopted by around 30 percent of new data centers over the next 12 months.

2. Oscar Health, Inc. (NYSE:OSCR)

Oscar Health, Inc. (NYSE:OSCR) saw its share prices surge by 17.76 percent on Tuesday to finish at $15.85 apiece as investors resumed bargain-hunting after hitting a new all-time low last week.

Last Thursday, OSCR fell to its lowest in a year at $12.43 apiece, before bargain-hunting began pushing the company’s share prices higher on Friday.

In recent news, OSCR reported mixed earnings performance in the fourth quarter of 2024.

In three months ending December 2024, Oscar Health said net loss expanded to $153 million from the $150 million registered in the same period a year ago. However, it swung to a net income of $25.4 million in full-year 2024 from a $271 million net loss in 2023.

Revenues for both the fourth quarter and full year came in higher by 67 percent and 57 percent, respectively.

For this year, Oscar Health said it targets to book between $11.2 billion and $11.3 billion in total revenues, or an increase of 23 percent year-on-year.

1. WeRide Inc. (NASDAQ:WRD)

WeRide Inc. (NASDAQ:WRD) resumed a four-day winning streak on Tuesday, soaring by another 28.25 percent to close at $40.40 apiece, as investors continued to snap up shares following Nvidia Corp.’s purchase of 1.7 million of WRD stocks.

Tuesday’s closing price already marked a whopping 135-percent jump from its finish of $17.17 on Thursday, or a day before NVDA submitted its 13F Holdings Report.

NVDA’s investment in WRD, a Chinese robotaxi company, represented a vote of confidence among investors, especially with the giant chipmaker being one of the key players in technological advancements, particularly in the Artificial Intelligence sector.

Apart from WRD, the giant chipmaker also held stakes in Recursion Pharmaceuticals, Nebius, Arm Holdings, and Applied Digital.

According to an analyst last week: “There is no greater vote of confidence than Nvidia taking a stake in your company.”

While we acknowledge the potential of WRD as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than WRD but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap.

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