Ten companies took off on Thursday, defying a lackluster performance on Wall Street, as investor sentiment continued to be bolstered by more strong earnings and a higher growth outlook, among other developments. Notably, five out of the 10 stocks soared to a new all-time high.

Meanwhile, only the Nasdaq finished the session in the green, up 0.35 percent. The Dow Jones and the S&P 500 were down by 0.51 percent and 0.08 percent, respectively.

In this list, let us explore the 10 companies boasting a strong performance alongside the reasons behind their gains.

To compile the list, we focused on stocks with $2 billion in market capitalization and at least 5 million shares in trading volume.

10. Coeur Mining Inc. (NYSE:CDE)

Shares of Coeur Mining rallied to a new record high on Thursday, extending a winning streak for a fourth consecutive day, after crushing the second quarter of the year with an impressive earnings performance.

During the session, Coeur Mining Inc. (NYSE:CDE) touched its highest 52-week price of $11.31 before slight selling shed gains to end the day just up by 14.05 percent at $11.28.

In an updated report, Coeur Mining Inc. (NYSE:CDE) saw its net income expand by 4,950 percent to $70.7 million from only $1.4 million in the same period last year. Consolidated revenues more than doubled to $480.7 million from $222 million in the same period last year, thanks to the 110 percent jump in gold sales and 132 percent from silver sales.

“Coeur’s record second quarter reflects strong contributions from all five of our North American gold and silver operations, including the first full quarter from the recently acquired Las Chispas mine,” said Coeur Mining Inc. (NYSE:CDE) Chairman, President and CEO Mitchell J. Krebs.

“Looking ahead to the second half of the year, we expect even higher gold and silver production levels consistent with our reaffirmed 2025 production and cost guidance. We remain uniquely positioned to leverage higher gold and silver prices, which are expected to lead to over $800 million of full-year 2025 adjusted EBITDA and over $400 million of full-year 2025 free cash flow,” he added.

9. Remitly Global, Inc. (NASDAQ:RELY)

Remitly extended its winning streak to a fifth consecutive session on Thursday, jumping 15.06 percent to close at $18.95 apiece after posting an impressive income performance in the second quarter of the year.

In its earnings statement, Remitly Global, Inc. (NASDAQ:RELY) said it swung to a net income of $6.5 million from a $12 million net loss in the same period last year. Revenues grew 34 percent to $411.8 million from $306 million in the same period last year.

Following the strong results, Remitly Global, Inc. (NASDAQ:RELY) raised its growth outlook for the rest of the year, with revenues now targeted at $1.61 billion to $1.62 billion, versus the $1.54 billion to $1.587 billion expected previously. The updated figures would mark a year-on-year growth of 27 to 28 percent versus the 25 to 26 percent prior.

Adjusted EBITDA was also expected at $225 million to $230 million, an improvement from the $195 million to $210 million targeted previously.

For the third quarter alone, Remitly Global, Inc. (NASDAQ:RELY) was targeting to grow its revenues by 22 to 23 percent to $411 million to $413 million; and adjusted EBITDA at $53 million to $55 million.

8. Celsius Holdings, Inc. (NASDAQ:CELH)

Celsius Holdings rallied to a new 52-week high on Thursday, as investor sentiment was buoyed by an impressive earnings performance in the second quarter of the year.

During the session, the company surged by as much as 24 percent to $53.07 at intra-day trading, before early profit-taking persisted to end the day just up by 17.27 percent at $50.12.

In the second quarter of the year, Celsius Holdings, Inc. (NASDAQ:CELH) said it grew its net income attributable to shareholders by 28 percent to $85.7 million from $66.7 million in the same period last year. Revenues jumped by 84 percent to $739.3 million from $402 million in the same comparable period, with the increase primarily driven by a $301.2 million revenue from the Alani Nu brand, which it acquired on April 1, 2025.

In the first half, attributable net income dropped by 9 percent to $119.9 million from $131.5 million in the same comparable period, while revenues grew 41 percent to $1.068 billion from $757.7 million year-on-year.

“Celsius Holdings delivered strong results in the second quarter, supported by solid sales growth for the CELSIUS and Alani Nu brands and operational efficiencies across our business. As momentum builds across the energy category, our brands continue to lead – driving household penetration, expanding shelf space and outperforming expectations,” said Celsius Holdings, Inc. (NASDAQ:CELH) Chairman and CEO John Fieldly.

7. Elanco Animal Health Inc. (NYSE:ELAN)

Elanco saw its share prices surge to a new 52-week high on Thursday as investors cheered its strong earnings performance in the second quarter of the year.

During the session, Elanco Animal Health Inc. (NYSE:ELAN) jumped by as high as 19.7 percent to its highest price of $16.7 before ending the day just up by 18.14 percent at $16.48 apiece.

This followed the release of its earnings performance that saw the company swing to a net income of $11 million from a $50 million net loss in the same period last year. Revenues grew by 4.8 percent to $1.24 billion from $1.18 billion in the same comparable period.

In the first half, Elanco Animal Health Inc. (NYSE:ELAN) incurred a net income of $78 million, reversing an $18 million net loss in the same period last year. Revenues also inched up by 2 percent to $2.434 billion from $2.389 billion year-on-year.

For the full-year period, Elanco Animal Health Inc. (NYSE:ELAN) expects to incur a higher net loss of $14 million to $38 million versus the $7 million to $35 million previously.

Revenue target, however, was increased to $4.57 billion to $4.62 billion, from $4.51 billion to $4.58 billion previously.

6. Hecla Mining Company (NYSE:HL)

Hecla Mining saw its share prices jump by 18.17 percent on Thursday to close at $7.22 apiece, as investors gobbled up shares following an impressive earnings performance in the past quarter of the year.

In its updated report, Hecla Mining Company (NYSE:HL) said net income attributable to shareholders more than doubled to $57 million from the $27.7 million registered in the same period last year. Revenues increased by 24 percent to $304 million from only $245.6 million year-on-year.

Silver ounces produced stood at 4.52 million, higher by 1.4 percent versus the 4.458 million registered in the same period last year, while gold ounces produced stood at 45,895, versus the 37,324 in the same period last year.

Encouraged by the promising figures, Hecla Mining Company (NYSE:HL) raised its production outlook for full-year 2025, with gold production now targeted at 126,000 to 137,000 ounces as compared with the 120,000 to 130,000 ounces expected previously.

Silver production was maintained at 15.5 million to 17 million ounces.

5. Nebius Group N.V. (NASDAQ:NBIS)

Nebius Group jumped to a new record high on Thursday as investors snapped up shares after its earnings skyrocketed in the second quarter of the year.

During the trading session, the company surged by as high as 28 percent to $70.54 apiece, before paring gains to end the day just up by 18.55 percent at $65.31.

In its updated report, Nebius Group N.V. (NASDAQ:NBIS) said it swung to a net income of $584.4 million, reversing a net loss of $97.5 million in the same period last year. Revenues surged by 625 percent to $105.1 million from $14.5 million year-on-year.

In the first half, it incurred a $470.9 million net profit, reversing a $414 million net loss in the same period last year. Revenues jumped by 545 percent to $156 million from only $24.2 million year-on-year.

“Because of this strong momentum, we are increasing our annualized run-rate revenue (ARR) outlook for the year to $900 million to $1.1 billion,” Nebius Group N.V. (NASDAQ:NBIS) founder and CEO Arkady Volozh said.

“Demand for AI infrastructure—compute, software, and services—is only going to get stronger as use cases multiply. We are aggressively scaling up capacity to capture this substantial opportunity and are in the process of securing more than 1 GW of power by the end of 2026,” he added.

4. Marqeta, Inc. (NASDAQ:MQ)

Marqeta Inc. saw its share prices jump to a new all-time high on Thursday as investor sentiment was boosted by the completion of its acquisition of TransactPay and a higher revenue outlook for full-year 2025.

In intra-day trading, the company jumped as high as 20.4 percent to $6.84 before ending the day up by 20.25 percent at $6.83 apiece.

In a separate statement alongside its earnings performance, Marqeta, Inc. (NASDAQ:MQ) said it has completed the acquisition of TransactPay, paving the way for its expansion program in Europe, including the UK.

“With the combined capabilities of TransactPay and Marqeta, we’re helping our customers address these fundamental payment needs,” said Marqeta, Inc. (NASDAQ:MQ) Europe and UK CEO Marcin Glogowski.

“Our business in Europe continues to grow, with total processing volume more than doubling year-over-year. This acquisition furthers this growth and demonstrates our commitment to the European and UK markets as part of our overall global strategy,” he added.

In other news, Marqeta, Inc. (NASDAQ:MQ) swung to a net loss of $647,000 from a net income of $119 million in the same period last year. Revenues grew by 20 percent to $150 million from $125 million year-on-year.

For full-year 2025, the company raised its revenue growth guidance to 17 to 18 percent from 13 to 15 percent previously.

3. Dutch Bros Inc. (NYSE:BROS)

Dutch Bros grew its share prices by 21.6 percent on Thursday to close at $70.27 apiece as investor sentiment was boosted by an impressive earnings performance and a higher growth outlook for full-year 2025.

In a statement, Dutch Bros Inc. (NYSE:BROS) said attributable net income more than doubled to $25.6 million from only $11.94 million in the same period last year, while revenues increased by 28 percent to $415.8 million from $324.9 million year-on-year.

Attributable net income also expanded by 116 percent in the first half to $40.98 million from $19 million year-on-year, while revenues grew by 28 percent to $770.96 million from $600 million in the same comparable period.

Amid the strong performance, Dutch Bros Inc. (NYSE:BROS) raised its growth outlook for the rest of the year, with revenues now targeted at $1.59 billion to $1.6 billion, versus the $1.555 billion to $1.575 billion expected previously.

Same-store sales are now projected to grow by 4.5 percent, versus the 2 to 4 percent expected previously.

2. Sunrun Inc. (NASDAQ:RUN)

Sunrun snapped a four-day losing streak on Thursday, soaring 32.30 percent to close at $12 apiece as investors cheered its impressive earnings performance alongside an optimistic growth outlook for the rest of the year.

In an updated report, Sunrun Inc. (NASDAQ:RUN) said net income attributable to shareholders grew by 10 percent to $279.8 million from $139.1 million in the same period last year. Revenues grew by 8.6 percent to $569 million from $524 million year-on-year.

During the period, Sunrun Inc. (NASDAQ:RUN) also increased its subscriber count by 15 percent to close at 941,701.

Storage capacity installed also stood at 392 megawatt hours in the second quarter of 2025, marking a 48 percent increase from the second quarter of 2024. Solar capacity installed was 227 megawatts, or an 18 percent jump from the second quarter of 2024.

For the third quarter of the year, Sunrun Inc. (NASDAQ:RUN) targets Aggregate Subscriber Value to be in the range of $1.5 billion to $1.6 billion, representing 8 percent growth at the midpoint compared with the third quarter of 2024.

For full-year 2025, Aggregate Subscriber Value is expected to be in a range of $5.7 billion to $6 billion, unchanged from the prior outlook, representing 14 percent growth at the midpoint compared with the year earlier.

1. Firefly Aerospace Inc. (NASDAQ:FLY)

Firefly Aerospace took off with a 64-percent jump on its first day as a publicly listed company, as investors continued to place bets on firms that will benefit from the US government’s aggressive space and defense program.

During the session, Firefly Aerospace Inc. (NASDAQ:FLY) opened already 55 percent higher than its initial public offering price (IPO) of $45, jumped to as high as $73.8, before early profit-taking pulled its share prices lower to end the day just up by 34.11 percent at $60.35 apiece. It was able to raise $868 million from the IPO.

Firefly Aerospace Inc. (NASDAQ:FLY) debuted on the stock market to sell 19.3 million shares, with a 30-day overallotment option of 2.89 million to its underwriters.

Firefly Aerospace Inc. (NASDAQ:FLY) said it intends to use the net proceeds to repay outstanding borrowings under its credit agreement, pay any accrued and unpaid dividends on certain series of its preferred stock, and for other general corporate purposes.

While we acknowledge the potential of FLY to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than FLY and that has 100x upside potential, check out our report about this cheapest AI stock.

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