Ten companies finished the trading session stronger on Tuesday, outpacing Wall Street with double-digit gains, buoyed by a general investor optimism while traders digested company-specific catalysts.
Today’s best performers were again dominated by stocks riding the Artificial Intelligence boom, thanks to a wave of fresh developments that spilled over into the broader industry.
To come up with the list, we focused exclusively on stocks with a $2 billion market capitalization and 5 million in trading volume.
10. Bloom Energy Corporation (NYSE:BE)
Bloom Energy snapped a four-day losing streak on Tuesday, jumping 11.65 percent to close at $20.41 apiece as investors resorted to profit-taking while digesting a former executive’s disposition of shares in the company.
In a regulatory filing, Bloom Energy Corporation (NYSE:BE) said that its former chief finance officer, Dan Berenbaum, who stepped down from his post on May 1 without any reason, sold 5,000 shares of the company at an aggregate value of $99,500 on Tuesday, June 3. This followed a series of sell-offs between May 21 and 23, 2025, covering 26,300 shares for a total of $494,272.
In a statement, Bloom Energy Corporation (NYSE:BE) described Berenbaum’s departure as amicable and not related to financial disagreements. Berenbaum joined the company only last year.
In the first quarter of the year, Bloom Energy Corporation (NYSE:BE) narrowed its net losses attributable to shareholders by 58.6 percent to $23.8 million from the $57.5 million registered in the same period last year, but marked its return to the red from a $104.8 million net income in the fourth quarter of 2024.
9. Uranium Energy Corp. (NYSEAmerican:UEC)
Uranium Energy ended four straight days of losses on Tuesday, jumping 11.77 percent to finish at $6.36 apiece after earning positive ratings from two analysts.
In its market note, BMO Capital gave Uranium Energy Corp. (NYSEAmerican:UEC) an “outperform” rating with a price target of $7.75, representing a 21.8-percent upside from its last closing price.
BMO Capital said Uranium Energy Corp.’s (NYSEAmerican:UEC) strategy of a low-capital “hub and spoke” model, which, coupled with a strong financial standing, offers both production flexibility and funding options.
Another investment firm, Stifel, maintained its “buy” recommendation on Uranium Energy Corp.’s (NYSEAmerican:UEC) stock with a price target of $10.50.
Stifel’s coverage followed Uranium Energy Corp.’s (NYSEAmerican:UEC) start of production at its Christensen Ranch project in Wyoming. Additionally, construction is on track at the Burke Hollow project, with the first production expected in 2025.
8. Credo Technology Group Holding Ltd (NASDAQ:CRDO)
Credo Technology grew its share prices by 14.8 percent on Tuesday to finish at $71.92 apiece following a strong earnings performance and strong outlook guidance for the rest of the year.
In its financial statement, Credo Technology Group Holding Ltd (NASDAQ:CRDO) said it swung to a net income of $36.59 million in the fourth quarter of fiscal year 2025 from a $10.48 million net loss in the same period last year.
Revenues increased by 180 percent to $170 million from $60.78 million year-on-year.
“The company’s results were fueled by surging demand for our innovative, reliable, and energy-efficient high-performance connectivity solutions. We continue to see growing demand for our solutions across hyperscaler customers to power advanced AI services, a trend we believe will persist for the foreseeable future,” said President and CEO Bill Brennan.
For the first quarter of fiscal year 2026, Credo Technology Group Holding Ltd (NASDAQ:CRDO) targets to book revenues between $185 million and $195 million.
7. Sitio Royalties Corp. (NYSE:STR)
Sitio Royalties saw its share prices increase by 15.30 percent on Tuesday to finish at $19.97 apiece following news that it is set to be acquired by Viper Energy Inc. for $4.1 billion.
In a statement, Viper Energy said it entered into a definitive agreement with Sitio Royalties Corp. (NYSE:STR), under which the former will acquire the latter in an all-stock transaction, including its net debt of approximately $1.1 billion.
Under the transaction, each STR Class A stockholder will be able to receive 0.4855 Class A common shares of a new merger company.
Meanwhile, shareholders of Sitio’s operating subsidiary will get 0.4855 units of Viper’s operating subsidiary.
Lastly, Class C shareholders of Sitio Royalties Corp. (NYSE:STR) will be able to receive Class B stock in the merger company.
“The transaction was unanimously approved by the Board of Directors of each company and has been approved by the written consent of Diamondback as Viper’s majority stockholder,” Viper Energy said.
The transaction is subject to customary regulatory approvals and is expected to close in the third quarter of 2025.
6. Algonquin Power & Utilities Corp. (NYSE:AQN)
Algonquin Power surged by 15.83 percent on Tuesday to close at $6.22 apiece following an upbeat business outlook for the next two years.
As part of its “Back to Basics” customer-centric capital plan, Algonquin Power & Utilities Corp. (NYSE:AQN) issued its outlook guidance for the rest of the year through 2027, with adjusted net earnings per share of $0.30-$0.32 for 2025; $0.35 – $0.37 for 2026; and $0.42 – $0.46 for 2027.
The company also said that it would focus on organic capital investment, allocating a budget of $2.5 billion over the next two years. No equity issuance is expected during the said periods.
“Algonquin possesses the foundational elements of a premier pure-play utility, and the opportunity to create meaningful value is what drew me to the Company,” said Algonquin Power & Utilities Corp. (NYSE:AQN) CEO Rod West.
“While I am pleased with the progress underway, I am resolute in sharpening the company’s ability to excel at the basics. The plan for the future is shaped around intertwining operational excellence and stakeholder engagement in the DNA of the company to achieve better outcomes for all stakeholders,” he added.
5. Dollar General Corporation (NYSE:DG)
Dollar General grew its share prices by 15.85 percent on Tuesday to finish at $112.57 apiece as investors cheered the company’s increasing number of middle- and high-income household customers.
Dollar General Corporation (NYSE:DG), which mostly targets the low-income class, said Tuesday that it is now seeing an increasing number of middle- and high-income households checking out its offerings, a trend that it didn’t experience for years.
According to its CEO, Todd Vasos, the low-income shoppers, however, remain financially stressed.
Based on its own study, Vasos said that one fourth of its surveyed customers reported having less income than a year earlier, while 60 percent said that they “felt the need to sacrifice some necessities in the coming year.”
In the first quarter of the year, Dollar General Corporation (NYSE:DG) netted $391.9 million, higher by 7.87 percent than the $363 million registered in the same period last year.
Net sales also grew by 5 percent to $10.4 million from $9.9 million year-on-year.
4. Summit Therapeutics Inc. (NASDAQ:SMMT)
Summit Therapeutics rebounded on Tuesday, jumping 16.33 percent to finish at $20.62 apiece as investors resorted to bargain-hunting following a selling pressure that pushed the company into the oversold territory.
With its stock now down by more than 36 percent in just a month of trading, Zacks Equity Research said that the stock could be due for a turnaround.
Summit Therapeutics Inc. (NASDAQ:SMMT) currently holds a “buy” recommendation from Zacks, which means that it is in the top 20 percent of more than 4,000 stocks ranked based on trends in earnings estimate revisions and EPS surprises.
In recent news, Summit Therapeutics Inc. (NASDAQ:SMMT) announced late last week that it achieved its primary endpoint of progression-free survival for the evaluation of Ivonescimab combined with platinum-doublet chemotherapy.
However, investors hungry for more concrete developments appeared unimpressed over the past two trading days, as evident in the disposal of its shares.
3. Ferguson Enterprises Inc. (NYSE:FERG)
Ferguson Enterprises jumped by 17.23 percent on Tuesday to close at $211.36 as investor sentiment was buoyed by its higher net sales growth outlook for the rest of the year.
In a statement, Ferguson Enterprises Inc. (NYSE:FERG) raised its net sales growth guidance to low- to mid-single digits for full-year 2025, versus only low-single digits previously.
“We remain confident in our markets over the medium term and continue to balance investment in key strategic opportunities, leveraging multiyear tailwinds in both residential and non-residential markets as we support the complex project needs of our specialized professional customers,” said Ferguson Enterprises Inc. (NYSE:FERG) CEO Kevin Murphy.
In the third quarter of fiscal year 2025, Ferguson Enterprises Inc. (NYSE:FERG) said net income dropped by 7.4 percent to $410 million from $443 million in the same period last year.
Net sales, however, rose by 4.1 percent to $7.6 billion from $7.3 billion year-on-year.
2. Venture Global, Inc. (NYSE:VG)
Venture Global soared by 21.12 percent on Tuesday to finish at $14.28 apiece as investor sentiment was boosted by the start of the construction of its $28 billion liquefied natural gas (LNG) facility in Louisiana.
Called the CP2 LNG, the facility will sit on a 1,150-acre site in Cameron Parish, and is expected to be able to export at least 20 million tons of LNG per annum and employ 10,500 jobs, of which 7,500 will be generated during the construction, and 3,000 upon commercial operations.
It is also expected to pay more than $4 billion in local property taxes once the LNG comes into full swing.
Venture Global, Inc. (NYSE:VG) said it targets to kick off commercial operations in 2027.
The facility is expected to make Venture Global, Inc. (NYSE:VG) the largest LNG exporter in the US, and the second largest in the world.
1. CoreWeave, Inc. (NASDAQ:CRWV)
CoreWeave extended its winning streak on Tuesday, jumping 25.19 percent to close at $150.48 apiece as investor optimism was fueled by its $7-billion deal with Applied Digital Corporation (NASDAQ:APLD).
In a statement, Applied Digital Corporation (NASDAQ:APLD) said that it entered into two 15-year lease agreements with CoreWeave, Inc. (NASDAQ:CRWV), under which the former will deliver 250 megawatts of critical IT load to host the latter’s artificial intelligence (AI) and high-performance computing (HPC) infrastructure at its Ellendale, North Dakota data center campus.
Pursuant to the lease contracts, CoreWeave, Inc. (NASDAQ:CRWV) also retains the option to access an additional 150 MW of critical IT load at Ellendale, positioning the campus as a scalable hub for expanding AI and HPC workloads.
Applied Digital is expected to deliver the first 100 MW of data center in the fourth quarter of the year, while the remaining 150 MW is expected to come online in the middle of 2026.
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