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10 Stocks Racking Up Big Gains

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Ten stocks capped off the shortened trading week, feasting on gains as investors continued to load positions, primarily due to surging prices of precious metals, fueled by renewed optimism for an interest rate cut.

The rally was in line with the overall market sentiment, with all major and sectoral indices finishing in the green.

In this article, we focused on the names of the 10 top performers and broke down the reasons behind their gains.

To come up with the list, we considered the stocks with a market capitalization of $2 billion and at least 5 million shares in trading volume.

10. Credo Technology Group Holding Ltd. (NASDAQ:CRDO)

Credo Technology extended its winning streak for a fourth straight session on Friday, adding 8.29 percent to close at $177.60 apiece as investors positioned portfolios ahead of the results of its earnings performance next week.

According to a notification to investors, Credo Technology Group Holding Ltd. (NASDAQ:CRDO) would release its financial and operating highlights for the second quarter of fiscal year 2026 after market close tomorrow, December 1. A conference call will be held to elaborate on the results.

Credo Technology Group Holding Ltd. (NASDAQ:CRDO) provided its growth guidance for the second quarter of the year, with revenues expected between $230 million and $240 million, GAAP gross margin between 63.5 percent and 65.5 percent, and operating expenses of $96 million to $98 million.

Last week, Credo Technology Group Holding Ltd. (NASDAQ:CRDO) announced that it entered into a licensing agreement with The Siemon Company in relation to its patents covering its active electrical cable technology. Details, however, were not divulged amid non-disclosure agreements.

9. Applied Digital Corporation (NASDAQ:APLD)

Applied Digital rallied for a second day on Friday, jumping 8.66 percent to end at $27.10 apiece, after mirroring an overall market optimism over increasing hopes for an interest rate cut.

The US central bank is set to meet on December 9 and 10 for its last Federal Open Market Committee meeting this year, and economists are placing bets on a 25-basis point rate cut.

Further adding to the sentiment was JPMorgan’s revised outlook late this week, saying that it now expects the Federal Reserve to implement a 0.25 percentage-point cut on December 10 after arguing earlier that it would likely wait until January to lower the benchmark rates.

The overall optimism spilled over to all sectoral indices, having eked out gains during the session. The rally was led by the technology sector, up 30.49 percent.

In other news, Applied Digital Corporation (NASDAQ:APLD) on Monday announced the completion of the second phase of Polaris Forge 1 campus, which is capable of powering 100 MW of critical IT load.

The facility forms part of its 400 MW 15-year lease agreements with CoreWeave Inc., which is expected to generate $11 billion in revenues for Applied Digital Corporation (NASDAQ:APLD).

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The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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