The stock market suffered a volatile trading last week—even a bloodbath, as investors scrambled to position portfolios from a flurry of positive and negative developments, including fears of an AI bubble, US-China chip tensions, and interest rates, among others.
Investor sentiment shifted toward the end of the trading week after the Federal Reserve signaled that it would cut interest rates beginning next month.
Among Wall Street’s main indices, only the tech-heavy Nasdaq finished in the red, declining 0.58 percent week-on-week. The Dow Jones increased by 1.5 percent, while the S&P 500 was up by 0.26 percent.
In this article, we listed the 10 companies that outperformed the week’s volatile trading and detailed the reasons behind their strong performance. To come up with the list, we considered the stocks with more than $2 billion in market capitalization and at least 5 million shares in trading volume.
The stocks were identified based on their percentage change between their closing prices on August 15 and 22, 2025.
Stock market data on a laptop screen. Photo by Alesia Kozik on Pexels
10. Riot Platforms Inc. (NASDAQ:RIOT)
Shares of Riot Platforms Inc. (NASDAQ:RIOT) grew by 16.68 percent week-on-week after experiencing a mostly volatile session, with investor sentiment buoyed by broader market optimism.
On Friday alone, Riot Platforms Inc. (NASDAQ:RIOT) capped off with a 7.74-percent gain, mirroring the wider rally on Wall Street after the US central bank hinted at interest rate cuts beginning next month.
Additionally, a strong interest in cryptocurrency continued to spill over to Bitcoin mining firms, having earned the full backing of President Donald Trump, who, among other plans, issued a new executive order (EO) earlier this month that aimed to democratize access to alternative assets for the 401(k) retirement savings plan.
Under the EO, fiduciaries can now diversify investments for the 401(k) outside the typical equities and funds, to alternative assets such as digital currencies, commodities, real estate, and infrastructure projects, and lifetime income products.
According to analysts, the new order is expected to lift many boats in the crypto ecosystem.
9. UP Fintech Holding Ltd. (NASDAQ:TIGR)
UP Fintech jumped by 17.14 percent week-on-week as investors turned highly optimistic about its earnings performance in the second quarter of the year, which is set to be released this week.
According to UP Fintech Holding Ltd. (NASDAQ:TIGR), it is scheduled to announce its financial and operating highlights before market open on Wednesday, August 27. An investor call will be held at 8 AM Eastern Time (8 PM Hong Kong/Singapore time) to elaborate on the results.
Investors have highly anticipated the company to sustain its growth on a sequential basis, having posted a stellar earnings performance in the first three months of the year.
In the first quarter, UP Fintech Holding Ltd. (NASDAQ:TIGR) said net income attributable to shareholders jumped by 147 percent to $30.4 million from only $12.3 million in the same period last year.
Total revenues grew by 55 percent to $122.6 million from $78.9 million year-on-year.
UP Fintech Holding Ltd. (NASDAQ:TIGR) owns online brokerage firm Tiger Brokers, which operates across the US, Hong Kong, and Singapore.
8. XPeng Inc. (NYSE:XPEV)
Chinese electric vehicle maker XPeng Inc. (NYSE:XPEV) grew its share price by 20.56 percent week-on-week as investors cheered the company’s highly optimistic growth outlook for the third quarter, while taking path from an investment firm’s bullish rating for its stock.
Last week, XPeng Inc. (NYSE:XPEV) said it was targeting to grow its revenues by 94 percent to 107.9 percent year-on-year to between RMB19.6 billion and RMB21 billion in the third quarter, as it expected to deliver between 113,000 and 118,000 vehicles, or a year-on-year growth of 142.8 percent to 153.6 percent.
This followed its stellar earnings performance in the second quarter, having narrowed its net loss attributable to shareholders by 62.5 percent to RMB480 million from RMB1.28 billion in the same period last year, thanks to a 147-percent expansion in vehicle sales of RMB16.88 billion versus only RMB6.82 billion in the same comparable period.
Following the results, investment firm HSBC, in a market note on Friday, gave XPeng Inc. (NYSE:XPEV) a “buy” recommendation with a new price target of $29.6, higher than the $27.4 price target previously. The figure marked a 24.6-percent upside potential from its latest closing price.
7. ACM Research, Inc. (NASDAQ:ACMR)
ACM Research jumped by 22.02 percent week-on-week, mirroring the surge in Chinese semiconductor stocks amid news that Nvidia Corp. could suspend the supply of H20 AI chips to China.
While originally a US-based company, ACM Research, Inc. (NASDAQ:ACMR) does the majority of its business in China and is currently benefiting from the rally in Chinese stocks following rumors that Nvidia asked its component suppliers to halt production after the Chinese government ordered local technology companies to stop buying the said chips over security concerns.
The crackdown sparked buying interest in stocks of ACM Research, Inc. (NASDAQ:ACMR), which, despite originally being a US-based company, does the majority of its business in China and manufactures wafer processing equipment crucial to the production of semiconductors.
In other news, ACM Research, Inc. (NASDAQ:ACMR) saw its attributable net income jump by 23 percent in the second quarter of the year to $29.76 million from $24.21 million in the same period last year. Revenues were also higher by 6 percent to $215 million from $202 million year-on-year.
Boosted by the strong earnings performance during the past quarters, ACM Research, Inc. (NASDAQ:ACMR) said it was maintaining its growth outlook for the year, with revenues targeted to hit $850 million to $950 million.
6. Cipher Mining Inc. (NASDAQ:CIFR)
Cipher Mining saw its share prices increase by 22.46 percent week-on-week, as investor sentiment was generally boosted by a broader market optimism, thanks to the US central bank’s signal to cut interest rates beginning next month.
Additionally, the rally can be attributed to a strong investor optimism for the overall industry, with a flurry of government initiatives already in place aimed at ramping up the sector.
Earlier this month, President Donald Trump issued a new executive order (EO) which aimed to democratize access to alternative assets for the 401(k) retirement savings plan.
Under the EO, fiduciaries can now diversify investments for the 401(k) outside the typical equities and funds, to alternative assets such as digital currencies, commodities, real estate, and infrastructure projects, and lifetime income products.
According to analysts, the new order is expected to lift many boats in the crypto ecosystem.
In other news, Cipher Mining Inc. (NASDAQ:CIFR) tripled its net loss in the second quarter of the year to $45.78 million from only $15.29 million in the same period last year. Revenues grew by 18.37 percent to $43.56 million from $36.8 million year-on-year.
Looking ahead, Cipher Mining Inc. (NASDAQ:CIFR) appeared more optimistic about its growth outlook following the commencement of hashing at its Black Pearl Phase 1 ahead of schedule. It said it expects the site to be fully leased by high-performance computing tenants.
5. iQIYI, Inc. (NASDAQ:IQ)
iQIYI saw its share prices grow by 23.62 percent week-on-week as investor sentiment was bolstered by news that it was in the works for a secondary public listing in Hong Kong which could raise the company up to $300 million in fresh funds.
A report by Reuters, citing people privy to the matter, said that iQIYI, Inc. (NASDAQ:IQ) officially tapped Bank of America, JPMorgan, and China International Capital Corp. to work on its Hong Kong listing scheduled for February 2026.
The report said that iQIYI, Inc. (NASDAQ:IQ) was targeting to officially file the application for a public offer by the end of the third quarter.
iQIYI, Inc. (NASDAQ:IQ), alongside Bank of America, JPMorgan, declined Reuters’ request for comments on the matter.
A growing number of Chinese companies have been keen on listing publicly on other global exchanges over fears of getting forcefully delisted from the US stock exchanges.
Several states in the US have already petitioned to have the Chinese companies delisted, accusing the latter of failing to comply with certain federal laws and regulations.
4. Dayforce Inc. (NYSE:DAY)
Dayforce Inc. soared by 30.86 percent week-on-week as investors gobbled up shares following news that it was set to be acquired by Thoma Bravo for $12.3 billion.
In a joint statement last week, Dayforce Inc. (NYSE:DAY) and Thoma Bravo said they entered into a definitive agreement for the official merger at an all-cash transaction.
Under the tender offer agreement, Thoma Bravo will acquire all shares of Dayforce Inc. (NYSE:DAY) at a price of $70. The purchase price represents a 32-percent premium over the company’s closing price on August 15, 2025.
“As one of the world’s leading enterprise software investors, Thoma Bravo’s commitment amplifies this promise as we partner to grow our business, increase quantifiable value for customers, and further secure our position in AI as a generational software company,” said Dayforce Inc. (NYSE:DAY) Chairman and CEO David Ossip.
“With Thoma Bravo, we are partnering with a truly special organization to accelerate our business – with our focus, resources, and product innovation all laser-pointed on leaping forward as the HCM leader for a world of work shaped by AI,” he added.
The transaction is expected to close early next year, subject to closing conditions, including stockholder and regulatory approvals.
3. NIO Inc. (NYSE:NIO)
NIO Inc. soared by 31.81 percent week-on-week as investors welcomed the unveiling of its budget-friendly SUV called ES8.
In an interview with CNBC, Morningstar analyst Vincent Sun said that the rally can be owed to expectations of a strong demand in the ES8 and the Onvo L90, which was launched earlier.
NIO Inc. (NYSE:NIO) is slated to launch the ES8 next month, with a starting price of 308,800 yuan ($43,000) for the battery subscription plan, which will allow owners to upgrade batteries through monthly payments.
The new vehicle measures 5,280 mm in length and 3,130 mm in wheelbase, making it the largest battery electric vehicle in China.
The unveiling followed the company’s slower vehicle deliveries in July. During the period, NIO Inc. (NYSE:NIO) delivered 21,017 vehicles last month, higher by 2.5 percent than the 20,498 in the same month last year, but was notably slower than the double-digit year-on-year growth in the past three months.
June deliveries were higher by 17 percent; May was up by 13 percent; while April increased by 53 percent.
2. MINISO Group Holding Limited (NYSE:MNSO)
MINISO Group saw its share prices climb by 34.97 percent week-on-week after exceeding its revenue growth guidance for the second quarter of the year.
In an updated report, MINISO Group Holding Ltd. (NYSE:MNSO) said revenues increased by 23 percent to 4.97 billion yuan from 4.03 billion yuan in the same quarter last year, beating its growth guidance range of 18 to 21 percent.
Additionally, all three operating segments achieved a marked sequential improvement in same-store sales growth (SSSG) during the quarter, propelling their group-level SSSG into positive territory after a mid-single digit contraction last quarter.
Net income attributable to shareholders, meanwhile, was lower by 16.7 percent to $489.7 million from $587.6 million year-on-year.
Following the results, investment firm Jefferies turned bullish for MINISO Group Holding Ltd. (NYSE:MNSO), giving the stock a “buy” recommendation versus “hold” previously. It also raised its price target to $26.2 from $18.5 before.
Additionally, MINISO Group Holding Ltd. (NYSE:MNSO) said its board of directors approved the distribution of cash dividends worth $0.2896 per ADS or $0.0724 per ordinary share, to holders of the said securities as of September 5, 2025 (New York Time).
The ex-dividend date for ordinary shareholders in Hong Kong will be on September 4, while that for ADS holders will be on September 5.
The dividends are payable on September 16, 2025, for ordinary shareholders, and on September 19 for ADS holders.
1. Opendoor Technologies Inc. (NASDAQ:OPEN)
Opendoor Technologies jumped by 58.04 percent week-on-week to hit a new all-time high as investor optimism was bolstered by signals of rate cuts beginning next month—a key catalyst for the interest-sensitive residential market.
In Friday’s trading, Opendoor Technologies Inc. (NASDAQ:OPEN) climbed to its highest price of $5.08 before a slight selling pulled the company down to end the day just up by 39.17 percent at $5.01 apiece.
This followed signals from Federal Reserve Chairman Jerome Powell that the central bank could begin slashing interest rates beginning next month, sparking rosy prospects for the residential market on expectations of lower borrowing costs for prospective homebuyers.
In recent news, Opendoor Technologies Inc. (NASDAQ:OPEN) announced the immediate resignation of CEO Carrie Wheeler, who took over the role in 2022 but failed to reassure investors of the ongoing turnaround efforts. She was temporarily replaced by chief technology officer Shrisha Radhakrishna while a permanent CEO has yet to be named.
While we acknowledge the potential of OPEN 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 OPEN and that has 100x upside potential, check out our report about this cheapest AI stock.
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