Ten stocks capped off the first trading week of December on a high note, boasting double-digit gains amid a combination of positive macroeconomic factors and company-specific developments that boosted investor appetite.
The stocks rallied alongside Wall Street, with all main indices finishing in the green week-on-week. The tech-heavy Nasdaq led the charge by 0.91 percent, followed by the Dow Jones, up 0.5 percent, and the S&P 500, up 0.3 percent.
Indices aside, this article focuses on the 10 top performers alongside the reasons behind their gains. The stocks were based on the percentage change in their closing prices on November 28 and December 5, 2025.
To come up with the list, we focused exclusively on stocks with a $2 billion market capitalization and 5 million shares in trading volume.
Photo by Tima Miroshnichenko on Pexels
10. D-Wave Quantum Inc. (NYSE:QBTS)
D-Wave Quantum grew its share prices by 19.1 percent week-on-week, with investor optimism fueled primarily by plans to lure government contracts with the formation of a new business unit solely focused on such.
The stock rallied for three straight days following announcements that it officially formed a new subsidiary that would focus on securing quantum computing contracts with the government. However, profit-taking persisted on Friday to drag its share prices down by 6.02 percent.
Still, D-Wave Quantum Inc. (NYSE:QBTS) registered an intra-week high of 27.4 percent.
According to the company, the new subsidiary would be led by Jack Sears Jr., a seasoned government and public sector business executive.
In addition to his new leadership role, he would also join D-Wave Quantum Inc.’s (NYSE:QBTS) executive team and serve as its vice president for US government solutions.
“The call to use quantum technologies to address our nation’s interests is increasing, as the U.S. government faces complex challenges that require more powerful and agile problem-solving resources to protect our nation,” D-Wave Quantum Inc. (NYSE:QBTS) CEO Alan Baratz said.
“By formalizing a US government-focused business unit under Jack’s leadership, we aim to facilitate the rapid development of quantum applications that address national security, defense, and infrastructure challenges,” he noted.
9. CoreWeave, Inc. (NASDAQ:CRWV)
CoreWeave saw its share prices jump by 20.8 percent week-on-week, as investors took heart from its subsidiary’s investment in an AI-powered software developer as part of its expansion plans into the rapidly growing industry.
In a statement, CoreWeave, Inc. (NASDAQ:CRWV) said its business unit, CoreWeave Ventures, participated in Jane Street’s seed investment round in the developer, Numerata, which aims to support developer productivity and reduce expensive errors using custom model training techniques and a low-latency autocomplete backend.
“CoreWeave Ventures backs founders who are redefining what’s possible in AI by connecting innovative capital with access to the CoreWeave AI Cloud,” said CoreWeave, Inc. (NASDAQ:CRWV) Chief Development Officer Brannin McBee.
“Numerata manifests the ambitious, technical vision we look for. They’re already turning powerful ideas into real breakthroughs,” he added.
Numerata’s product, NinetyFive, addresses a critical priority in software development by enabling developers to access and leverage AI-driven innovations while ensuring privacy and maintaining full control over proprietary codebases.
Compared with other cloud-based services, Numerata’s AI and machine learning deployments offer secure custom model training capabilities, allowing enterprises to train models on their private codebases and then deploy their trained, custom models for their developers to use.
8. Dollar General Corporation (NYSE:DG)
Dollar General soared by 20.9 percent week-on-week as investor sentiment was bolstered by a strong earnings performance in the third quarter of the year.
In an updated report on Thursday, Dollar General Corporation (NYSE:DG) said it grew its net income by 43.8 percent to $282.6 million from $196.5 million in the same period last year.
Net sales inched up by 4.6 percent to $10.6 billion from $10.2 billion year-on-year, on the back of positive sales contributions from new stores, coupled with strong same-store sales, which partially offset the impact of store closures.
Same-store sales grew by 2.5 percent due to higher foot traffic.
Following the results, Dollar General Corporation (NYSE:DG) raised its net sales outlook for the full fiscal year to a range of 4.7 to 4.9 percent from 4.3 to 4.8 percent previously.
Same-store sales are targeted to grow by 2.5 to 2.7 percent, versus 2.1 to 2.6 percent prior.
Diluted EPS—which continues to assume an effective tax rate of 23.5 percent—is projected at $6.30 to $6.50, higher than the $5.80 to $6.30 previously.
In other news, Dollar General Corporation (NYSE:DG) announced the distribution of $0.59 in cash dividends for every common share held by shareholders on January 6, 2026 record. The dividends are payable on January 20, 2026.
7. Fluence Energy, Inc. (NASDAQ:FLNC)
Fluence Energy grew its share prices by 22 percent week-on-week, as investors took heart from bullish coverage from seven investment companies.
Late last week, UBS in its market report raised its price target for Fluence Energy, Inc. (NASDAQ:FLNC) by 175 percent to $22 from $8 previously, while reaffirming its “neutral” stance.
The upgrade was based on the company’s relatively high growth rate as compared with its peers, alongside higher visibility to gross margin improvements.
Likewise, Fluence Energy, Inc. (NASDAQ:FLNC) earned a 167 percent higher price target of $20 from Citigroup, versus $7.50 previously.
Apart from UBS and Citigroup, the company also received bullish ratings from Jefferies, Goldman Sachs, Susquehanna, Morgan Stanley, and Canaccord, with the latter being the most bullish, having raised its price target by 150 percent to $25 from $10 previously, while maintaining its “buy” recommendation.
Jefferies, on the other hand, upgraded its price target by 45 percent to $16 from $11, while Goldman Sachs raised its own target by 33 percent to $20 from $15.
Susquehanna upgraded the energy firm by 17.6 percent to $20 from $17, while Morgan Stanley gave a 16.7 percent higher price target of $14, versus $12 earlier.
6. Microchip Technology Inc. (NASDAQ:MCHP)
Microchip jumped by 22.8 percent week-on-week, as investors took path from its upbeat growth outlook for the third quarter of fiscal year 2026 ending December 31.
In an updated report late in the week, Microchip Technology Inc. (NASDAQ:MCHP) announced that it now expects net sales to settle in the higher end of its $1.109 billion to $1.149 billion guidance, or an implied growth of 12 percent year-on-year.
Meanwhile, GAAP EPS is projected at $0.02—the high end of its guidance range of $0.02 loss per share to a $0.02 EPS.
Non-GAAP EPS is pegged at $0.40, the upper range of its $0.34 to $0.40 outlook.
“Our business is performing better than we expected at the time of our November 6, 2025, earnings conference call. Our bookings activity has remained strong through November, with backlog filling in better than expected in the current quarter and growing nicely into the March 2026 quarter. We are executing on our nine-point recovery plan as well as our strategic initiatives, reducing inventory levels, improving non-GAAP gross margins, operating margins, and earnings per share, and making progress towards our long-term business model,” said Microchip Technology Inc. (NASDAQ:MCHP) President and CEO Steve Sanghi.
5. Rubrik Inc. (NYSE:RBRK)
Rubrik soared by 22.49 percent week-on-week after announcing an impressive earnings performance in the third quarter of fiscal year 2026.
In an updated report, Rubrik Inc. (NYSE:RBRK) said it trimmed its net loss by 51.3 percent to $63.8 million from $130.9 million in the same period last year. Revenues increased by 48 percent to $350.17 million from $236.18 million year-on-year, beating its expectations of $319 million to $321 million, on the back of a 52 percent jump in subscription revenues of $336.4 million versus $221.5 million in the same quarter last year.
Annual recurring revenues (ARR) grew by 34 percent year-on-year at $1.35 billion.
“Rubrik had another exceptional quarter, with record net new subscription ARR and free cash flow generation. As the AI transformation unfolds, organizations worldwide are turning to Rubrik to ensure their businesses remain secure and AI-ready,” said Rubrik Inc. (NYSE:RBRK) Chairman and CEO Bipul Sinha.
Encouraged by the results, the company raised its revenue outlook for the full fiscal year to a range of $1.28 billion to $1.282 billion from the $1.227 billion to $1.237 billion previously.
Subscription ARR is also expected to be at $1.439 billion to $1.443 billion, versus the previous guidance of $1.408 billion to $1.416 billion.
4. USA Rare Earth Inc. (NASDAQ:USAR)
USA Rare Earth jumped by 28.03 percent week-on-week following announcements that it secured a new rare earth supply agreement with two manufacturing companies.
In a statement later in the week, USA Rare Earth Inc. (NASDAQ:USAR) said that its subsidiary, Less Common Metals (LCM), officially inked a supply agreement with chemicals company Solvay and magnet producer Arnold Magnetic Technologies Corp., for the supply of rare earth metals for their production needs.
“This collaboration exemplifies the type of industrial partnerships that are rebuilding strength and resilience across the rare-earth ecosystem outside of China,” USA Rare Earth, Inc. (NASDAQ:USAR) CEO Barbara Humpton said.
“LCM’s role demonstrates the strategic importance of secure, reliable sourcing, and how collaboration between trusted partners can guarantee sustainable access to critical rare-earth materials for global magnet manufacturers,” she added.
LCM is a new subsidiary of USA Rare Earth, Inc. (NASDAQ:USAR), having only completed the merger last month.
The unit continues to serve its global customer base while providing alloy feedstock for its parent firm’s magnet manufacturing facility in Stillwater, Oklahoma, which is on track for commissioning in the first quarter of 2026.
3. AST SpaceMobile Inc. (NASDAQ:ASTS)
AST SpaceMobile jumped by 31.53 percent week-on-week, as investors positioned portfolios ahead of the looming launch of its next-generation satellite, alongside plans to expand its manufacturing sites in the US.
Early last week, AST SpaceMobile Inc. (NASDAQ:ASTS) said that it is scheduled to launch the BlueBird 6—its newest and considered next-generation satellite—from the Satish Dhawan Space Center in India on December 15.
As compared with the previous generations, the BlueBird 6 would feature the largest commercial phased array in low Earth orbit at nearly 2,400 square feet, representing a 3.5 times increase in size over the first to fifth generations, and supports 10 times the data capacity.
“Our next-generation satellites will soon enable ubiquitous cellular broadband coverage direct to everyday smartphones from space,” said AST SpaceMobile Inc. (NASDAQ:ASTS) Chairman and CEO Abel Avellan.
“As an American company, we are proud to demonstrate US leadership in space innovation while pioneering the next era of global connectivity,” he added.
In line with the launch, AST SpaceMobile Inc. (NASDAQ:ASTS) said that it would also expand its manufacturing sites in Texas and Florida in a bid to ramp up the production of BlueBird 6.
“As we accelerate production of our next-generation BlueBird satellites, the expansion allows us to increase capacity, strengthen our supply chain, and bring even more high-technology manufacturing work back to the United States. This is about building more satellites, faster, and doing it right here at home so we can deliver on our mission to close the connectivity gaps and deliver cellular broadband where it is needed the most,” said Avellan.
In a social media post early last week, AST SpaceMobile Inc. (NASDAQ:ASTS) said that it would make five launches beginning December 15 until March 2026.
2. UiPath Inc. (NYSE:PATH)
UiPath soared 34.7 percent week-on-week to hit a 19-month high, as investors took heart from a stellar earnings performance in the third quarter of fiscal year 2026.
In an updated report, UiPath Inc. (NYSE:PATH) said it swung to a net income of $198.8 million from a $10.6 million net loss in the same period last year.
Revenues increased by 15.9 percent to $411 million from $354.6 million year-on-year, while annual recurring revenues (ARR) ended at $1.782 billion.
On Friday alone, the company inched up by a mere 1.03 percent, but touched a 52-week high of $18.98 at intra-day trading before trimming gains toward the close at $18.67. Friday also marked its 6th straight day in the green territory.
“We delivered solid third quarter results, exceeding guidance across the board and achieving our first GAAP profitable third quarter,” said UiPath Inc. (NYSE:PATH) Chief Finance and Operating Officer Ashim Gupta.
“The progress we’ve made in strengthening our operating rhythm and execution is showing up in our results, and we feel well-positioned as we head into the end of the year.”
Looking ahead, the company is targeting revenues between $462 million and $467 million, as well as ARR of $1.844 billion to $1.849 billion.
1. DigitalBridge Group Inc. (NYSE:DBRG)
DigitalBridge surged by 45.4 percent week-on-week, as investors loaded portfolios amid brewing reports that it is being eyed for acquisition by Japan-based investment giant SoftBank Group.
According to news reports, the two firms are currently in talks for a potential merger, as the Japanese conglomerate seeks to ramp up its presence in the rapidly growing artificial intelligence industry.
DigitalBridge Group Inc. (NYSE:DBRG) is an investment company focusing on digital infrastructure, boasting $108 billion worth of assets under management as of September 2025. It owns significant stakes in Vantage Data Center, Yondr Group, AtlasEdge, DataBank, Switch, and AIMS, among others.
According to the reports, the results of the negotiations are expected to be concluded soon, although a deal is not guaranteed.
Following the news, investment firm JPMorgan reaffirmed its “overweight” rating and $18 price target for DigitalBridge Group Inc. (NYSE:DBRG), marking a 27.5 percent upside potential from its latest closing price of $14.12.
Apart from the potential DigitalBridge Group Inc. (NYSE:DBRG) acquisition, SoftBank also owns a significant stake in joint venture firm Stargate, which plans to invest $500 billion in AI infrastructures in the US over the next four years. Its partners for the joint venture are OpenAI, Oracle, and MGX.
While we acknowledge the potential of DBRG 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 DBRG and that has 100x upside potential, check out our report about the cheapest AI stock.
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