Ten stocks stood firmer on Tuesday, defying an overall market decline, as investors repositioned portfolios ahead of the Federal Reserve’s rate cut decision on Wednesday.
On Wall Street, all three main indices finished in the red. The Dow Jones slipped by 0.27 percent, the S&P 500 decreased by 0.13 percent, and the tech-heavy Nasdaq dipped by 0.07 percent.
In contrast, the 10 stocks were buoyed by industry-specific developments, which we broke down below. Five of them hit new all-time highs.
To come up with the list, we considered only the stocks with at least $2 billion in market capitalization and 5 million shares in trading volume.
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10. Ferguson Enterprises Inc. (NYSE:FERG)
Ferguson shares bounced back by 7.93 percent on Tuesday to close at $231.54 apiece after reporting growth in earnings performance in the 2025 fiscal period.
In an updated report, Ferguson Enterprises Inc. (NYSE:FERG) grew its net income for the fourth quarter of the year by 55 percent to $700 million from $451 million in the same period last year. Net sales increased by 6.9 percent to $8.5 billion from $7.9 billion year-on-year.
For the full fiscal period, the company recorded a net profit of $1.856 billion, or an increase of 6.9 percent from $1.735 billion year-on-year. Net sales rose by inched up by 3.8 percent to $30.76 billion from $29.6 billion.
According to Ferguson Enterprises Inc. (NYSE:FERG), it is set to transition into a calendar year beginning January 1, 2026, to cover dates from January 1 to December 31 of every year.
The company will still release earnings for the three months covering August 1 to October 31, 2025, on December 9. Thereafter, it will begin reporting the full-year earnings for the calendar year of 2025 in late February 2026.
For the full calendar year basis, Ferguson Enterprises Inc. (NYSE:FERG) said it expects to book mid-single digit growth in net sales from the $29.8 billion actual net sales in the calendar period of 2024.
9. MARA Holdings Inc. (NASDAQ:MARA)
Shares of MARA Holdings grew by 7.94 percent on Tuesday to finish at $17.53 apiece as investors loaded portfolios ahead of expected developments from a Bitcoin roundtable discussion.
Hosted by Sen. Cynthia Lummis and Rep. Nick Begich, and was attended by MARA Holdings Inc. (NASDAQ:MARA) CEO Fred Thiel, alongside key executives from the crypto industry such as Strategy Inc. Chairman Michael Saylor and BitMine Chairman Tom Lee, among others, the roundtable aims to come up with a strategy on how the US could work on acquiring 1 million Bitcoins for its reserves over the next five years.
Lummis introduced the Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide Act (Bitcoin Act) in March, which builds on President Donald Trump’s executive order to establish national crypto holdings.
As of writing, the price of Bitcoin was up by 1.27 percent at $116,886.20 apiece.
Earlier this month, MARA Holdings Inc. (NASDAQ:MARA) said that it was able to produce 705 Bitcoins last month, higher by 2 units from 703 in July. It also operated at a hash rate of 59.4 EH/s versus the 58.9 EH/s previously.
8. Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS)
Kratos Defense extended its rally for a fifth straight day on Tuesday to hit a new all-time high as investor sentiment was boosted by the US government’s loosened export restrictions for military drones.
During the session, Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) touched a new 52-week high of $76.62 before trimming marginal gains to end the day just up by 7.93 percent at $76.35 apiece.
This followed the US government’s readjustment of export control that would allow an easier exportation of military drones that were previously bogged down by a Missile Technology Control Regime agreement.
Under the new policy approved by Secretary of State Marco Rubio, drones will now be classified as fighter jets, such as the F-16, rather than missile systems, enabling drone sales to countries like the United Arab Emirates and European countries that have struggled to acquire the US’s best unmanned aerial vehicles.
For Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), the new policy could spark sales growth as its products can now be treated as “foreign military sales,” allowing them to be easily sold internationally.
7. NIO Inc. (NYSE:NIO)
NIO saw its share prices jump to a nearly one-year high on Tuesday after an investment firm turned bullish on the company.
At intra-day trading, NIO Inc. (NYSE:NIO) jumped to its highest day price of $7.09, or just 62 cents shy of its 52-week high of $7.71 on September 30 last year, before paring gains to close the day just up by 8.17 percent at $7.02 apiece.
The rally followed a market report from UBS that upgraded the company to “buy” from “neutral” previously, while also raising its price target to $8.5 from $6.2. The new price target marked a 21 percent upside from its latest closing price.
According to UBS, the revision reflected confidence for the company amid the launch of the L90 and ES8 sports utility vehicles, as well as a recent $1 billion share sale that tapered concerns about its steep losses.
UBS said NIO Inc.’s (NYSE:NIO) financial improvements could close its valuation gap with its competitor, XPeng Inc.
UBS expects NIO Inc. (NYSE:NIO) to book a 50 percent growth in revenues, higher than XPeng, to be supported by a richer product mix.
6. Figure Technology Solutions, Inc. (NASDAQ:FIGR)
Figure Technology extended its winning streak to a second day on Tuesday to hit another all-time high as investors loaded positions ahead of an expected interest rate cut that could spark more borrowing transactions through its platform.
On its third day as a publicly listed firm, Figure Technology Solutions, Inc. (NASDAQ:FIGR) jumped to a new all-time high of $42.74, before trimming gains to end the day just up by 8.44 percent at $40.48 apiece.
The company, which leverages blockchain technology to connect lenders and borrowers of home loans, is set to benefit from an expected rate cut to be announced by the US central bank in its Federal Open Market Committee (FOMC) meeting on Wednesday, September 17.
Any rate cut would be beneficial for lenders and the highly rate-sensitive residential market, as lower borrowing rates could spark more demand for mortgages, refinancing, and home equity loans.
According to its IPO documents, Figure Technology Solutions, Inc. (NASDAQ:FIGR) funds home equity loans in just 10 days, as compared with the industry average of 42 days.
Figure Technology Solutions, Inc. (NASDAQ:FIGR) debuted on the Nasdaq exchange on Thursday last week, raising $787.5 million from the sale of 31.5 million shares.
5. CleanSpark, Inc. (NASDAQ:CLSK)
CleanSpark extended its winning streak to a fifth consecutive day on Tuesday, jumping 8.84 percent to finish at $11.20 apiece as investors loaded portfolios in crypto mining and treasury firms ahead of results from the ongoing Bitcoin roundtable discussion.
Hosted by Sen. Cynthia Lummis and Rep. Nick Begich, and attended by CleanSpark, Inc. (NASDAQ:CLSK) Chairman and CEO Matthew Schultz, industry stakeholders gathered for a roundtable discussion on Capitol Hill on Tuesday to discuss how the US can acquire 1 million Bitcoins over the next five years.
Lummis introduced a new bill called the Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide Act (Bitcoin Act) in March, in line with President Donald Trump’s executive order earlier this year, which seeks to establish a national crypto treasury.
As of writing, the price of Bitcoin was up by 1.27 percent at $116,886.20 apiece.
Last month, CleanSpark, Inc. (NASDAQ:CLSK) said it was able to produce 657 Bitcoins at an operational hash rate of 50 EH/s.
“Over the past calendar year, we’ve doubled our hashrate and built a bitcoin treasury of nearly 13,000. We are now focused on maximizing our contracted power through mining and exploring other verticals. We have a proven track record of deliberate, strategic discipline, and I am excited to enter our next phase of growth without ever losing sight of what got us here,” Schultz said.
4. Bloom Energy Corp. (NYSE:BE)
Bloom Energy rallied to a new all-time high on Tuesday, as investors turned bullish after a sky-high price target upgrade from a financial services company.
During the session, Bloom Energy Corp. (NYSE:BE) jumped to a new all-time high of $73.42 before trimming gains to end the day just up by 9.36 percent at $73.29 apiece.
In a market note on the same day, Morgan Stanley significantly raised its price target for Bloom Energy Corp. (NYSE:BE) by 93 percent to $85 from $44 previously, while maintaining an “overweight” rating.
From its latest closing price, the new price target remains at a 16 percent upside potential.
According to Morgan Stanley, the upgrade was based on Bloom Energy Corp.’s (NYSE:BE) supply agreement with Oracle Corp., under which it will deliver fuel cell technology to select Oracle Cloud Infrastructure (OCI) data centers in the US to support the growing demand for its cloud computing services. Details about expected revenues and supply volume have not been disclosed.
Additionally, Bloom Energy Corp. (NYSE:BE) hinted at similar deals “coming soon.”
3. PagSeguro Digital Ltd. (NYSE:PAGS)
PagSeguro saw its share prices soar to a fresh high on Tuesday as investors repositioned portfolios ahead of the company’s strategic update call held after market close.
During the session, PagSeguro Digital Ltd. (NYSE:PAGS) hit a new 52-week high of $10.78 before trimming gains to end the day just up by 10.72 percent at $10.74 apiece.
Updates on the investor call are expected to be announced as early as Wednesday, September 17.
In other developments, PagSeguro Digital Ltd. (NYSE:PAGS) announced the distribution of $0.12 worth of special cash dividends to investors as of October 6. The dividend is set to be paid on November 3, 2025.
As previously announced, PagSeguro Digital Ltd. (NYSE:PAGS) said it expects to make one more special distribution of cash dividends in the same amount of $0.12 per common share within the next two quarters, subject, among other factors, to market and company financial conditions.
Any future declaration of dividends and the amount thereof will be at the discretion of the company’s board of directors.
2. BigBear.ai Holdings, Inc. (NYSE:BBAI)
Shares of BigBear.ai jumped for a third straight day on Tuesday, adding 16.7 percent to close at $5.94 apiece as investors repositioned portfolios following the US government’s decision to revise export rules on military drones.
Just recently, the Secretary of State approved adjustments to US export controls that would allow an easier exportation of military drones previously bogged down by a Missile Technology Control Regime agreement.
Under the new policy, drones will now be classified as fighter jets, such as the F-16, rather than missile systems, enabling drone sales to countries like the United Arab Emirates and European countries that have struggled to acquire the US’s best unmanned aerial vehicles.
Investors placed bets on defense companies, including BigBear.ai Holdings, Inc. (NYSE:BBAI)—which provides Artificial Intelligence and Machine Learning (AI/ML) analytics and decision intelligence across several industries, including unmanned aerial vehicles (UAV) manufacturers—on expectations that it would indirectly benefit from the policy shift.
In 2021, it can be recalled that BigBear.ai Holdings, Inc. (NYSE:BBAI) partnered with UAV Factory to develop AI/ML capabilities for the latter’s unmanned aerial systems for its commercial and defense markets.
While UAV Factory is originally based in Latvia, it was acquired by US-based private equity firm AE Industrial Partners, which specializes in Aerospace, Defense & Government Services, Power Generation, and Specialty Industrial markets.
1. WEBTOON Entertainment Inc. (NASDAQ:WBTN)
Shares of Webtoon Entertainment soared for a third consecutive day on Tuesday, to hit a new all-time high as investors cheered The Walt Disney Co.’s acquisition of a 2-percent stake in the company.
At intra-day trading, WEBTOON Entertainment Inc. (NASDAQ:WBTN) surged to its highest 52-week price of $21.32 before paring gains to end the day just up by 39.04 percent at $20.80 apiece.
In a statement on Monday, WEBTOON Entertainment Inc. (NASDAQ:WBTN) said it entered into a non-binding term sheet with Disney for a 2-percent interest in the former, in line with the development of an all-new digital comics platform that will feature current comic book runs and include decades of past comics from across Disney’s portfolio including Marvel, Star Wars, and 20th Century Studios, among others.
For the first time, more than 35,000 comics from Marvel, Star Wars, Disney, Pixar, and 20th Century Studios will be available in a single digital comics service with a single subscription.
The expanded agreement followed WEBTOON Entertainment Inc. (NASDAQ:WBTN) and Disney’s multi-year collaboration for nearly 100 reformatted classics and all-new original series tailored for the former’s vertical scroll format.
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