10 Stocks With Eye-Popping Double-Digit Gains

Wall Street roared higher on Wednesday, with all major indices finishing in the green territory, as investor sentiment was buoyed by US President Donald Trump’s agreed trade deal with Japan.

The Dow Jones led the rally among the major indices, jumping 1.14 percent, followed by the S&P 500 at 0.78 percent, and the tech-heavy Nasdaq at 0.61 percent.

Optimism spilled over to individual stocks, with 10 companies notable for their outperformance during the session. In this article, we highlight the names of the  10 biggest performers boasting double-digit gains and break down the reasons that sparked buying appetite.

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

10. Stellantis NV (NYSE:STLA)

Stellantis NV saw its share prices jump by 11.54 percent on Wednesday to close at $10.34 apiece as investors took heart from efforts between the US and the European Union to work towards a 15-percent tariff deal.

The rate, which could be extended to cars manufactured within member countries, would mirror the newly agreed trade agreement between the US and Japan, and help reduce cost pressures on European carmakers, including the company.

Wednesday’s rally suggested that investors shunned Stellantis NV’s (NYSE:STLA) announcement earlier in the day that it was expected to swing to a net loss in the second quarter of the year amid the impact of previously imposed tariffs on European cars.

In its preliminary results, Stellantis NV (NYSE:STLA) said it expects to book 2.3 billion euros in net loss in the first half of the year, while net revenues are projected to settle at 74.3 billion euros.

Official results will be released on July 29, 2025, alongside an investor call to elaborate on its financial highlights and business outlook.

9. Baker Hughes Company (NASDAQ:BKR)

Baker Hughes extended its winning streak to a fifth consecutive day on Wednesday, adding 11.64 percent to close at $44.68 apiece as investor sentiment was bolstered by its impressive earnings performance in the second quarter of the year.

In its earnings release, Baker Hughes Company (NASDAQ:BKR) said attributable net income increased by 21 percent to $701 million from $579 million in the same period last year, pushing its six-month attributable profit up by 6.8 percent to $1.1 billion from $1.03 billion year-on-year.

Revenues, on the other hand, dipped by 2.8 percent to $6.9 billion from $7.1 billion during the quarter, and by 1.5 percent to $13.3 billion from $13.5 billion in the six-month period.

According to Baker Hughes Company (NASDAQ:BKR), the performance reflected the benefits of structural cost improvements and continued deployment of business systems that are driving higher productivity, stronger operating leverage, and more durable earnings across the company.

Part of the strong performance is also attributed to the strong demand for energy from data centers.