Ten stocks stood firmer on Tuesday, as investors took heart from strong optimism for their industries, a flurry of company-specific developments, and repositioning ahead of business updates.

The stocks bucked a broader market decline, with the Nasdaq leading the drop, down by 0.84 percent, followed by the S&P 500 declining 0.67 percent, and the Dow Jones, down 0.65 percent.

In this article, we identify the 10 top-performing companies on Tuesday and break down the reasons behind their gains.

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

10. KE Holdings Inc. (NYSE:BEKE)

KE Holdings grew its share prices by 5.17 percent on Tuesday to close at $18.72 as investors took heart from its strong earnings performance in the first quarter of the year, with profits soaring by double digits despite lower revenues.

In an updated report, KE Holdings Inc. (NYSE:BEKE) said that it grew its net income attributable to shareholders by 46.6 percent to 1.255 billion yuan from only 856 million yuan in the same quarter last year, despite net revenues declining by 19 percent to 18.9 billion yuan from 23.3 billion yuan year-on-year.

The lower revenues were primarily attributable to the high base of net revenues from new home and existing home transaction services.

Gross transaction value (GTV) also decreased by 15.6 percent year-on-year to 711.7 billion yuan, amid lower GTVs from existing and new home transactions.

“Our performance in this quarter reflected our ongoing efforts to enhance resource allocation, organizational efficiency, and service quality, and also laid a foundation for the company to further transition from scale-driven growth to efficiency-driven growth, and from transaction matching to decision-making services,” KE Holdings Inc. (NYSE:BEKE) Chairman and CEO Stanley Yongdong Peng said.

“Looking ahead, we will continue to focus on helping consumers make higher-quality residential decisions, enhance the professional capabilities of service providers, organizational efficiency and AI-enabled capabilities, and strive to achieve higher-quality and more sustainable development,” he noted.

KE Holdings Inc. (NYSE:BEKE) is a China-based integrated online and offline platform for housing transactions and services, which owns Lianjia, a leading real estate brokerage brand, and Beike, its housing transactions and services platform.

9. Option Care Health Inc. (NASDAQ:OPCH)

Shares of Option Care rallied for a second day on Tuesday, jumping 5.94 percent to close at $20.86 apiece, as investors turned optimistic for the broader healthcare sector after the Centers for Medicare & Medicaid Services (CMS) announced updates to the Affordable Care Act (ACA), which could pave the way for expanded access to healthcare.

Option Care Health Inc. (NASDAQ:OPCH) mimicked its counterparts after the CMS on Friday said that it would lower the user fees for federally-facilitated exchanges to 1.9 percent from 2.5 percent, as well as state-based exchanges to 1.5 percent from 2 percent, beginning next year.

The move is expected to result in lower fees for the insured and increase enrollments, thus indirectly benefiting healthcare services providers, including Option Care Health Inc. (NASDAQ:OPCH).

The agency also implemented stricter rules to ensure that only qualified individuals get government health insurance subsidies.

In other news, Option Care Health Inc. (NASDAQ:OPCH) reported a 3 percent decline in its net income in the first quarter of the year to $45.3 million from $46.7 million in the same period last year. Net revenues inched up by 1.3 percent to $1.35 billion from $1.3 billion year-on-year.

8. Himax Technologies Inc. (NASDAQ:HIMX)

Himax snapped a two-day losing streak on Tuesday, jumping 6.57 percent to finish at $19.29 apiece, with the rally primarily driven by the overall optimism for semiconductor players despite the absence of fresh company developments.

Optimism was further supported by Baird’s highly optimistic outlook for Himax Technologies Inc. (NASDAQ:HIMX) earlier this month, having tripled its price target to $30 from $10 previously, while reaffirming a buy recommendation.

The price target marked a 55 percent upside potential versus its latest closing price.

For its part, Himax Technologies Inc. (NASDAQ:HIMX) also posted an upbeat outlook for its business for the remainder of the year amid a meaningful number of new automotive projects entering mass production in the second half, helped by an anticipated growth in non-driver IC business.

This despite a dismal earnings performance in the first quarter of the year, with net income attributable to shareholders declining by 60 percent to $7.99 million from the $19.99 million in the same period last year. Revenues also declined by 7.4 percent to $199 million from $215 million year-on-year.

In other news, Himax Technologies Inc. (NASDAQ:HIMX) is set to distribute cash dividends amounting to 25.2 cents per ADS, or equivalent to 12.6 cents per ordinary share, to all shareholders on record as of June 30, 2026. The dividends are payable on July 10.

7. AXT Inc. (NASDAQ:AXTI)

AXT saw its share prices jump by 6.61 percent on Tuesday to close at $112.88 apiece, as investors loaded portfolios ahead of expected business updates, with the company set to participate in three investor conferences this month and the next.

In an updated report, AXT Inc. (NASDAQ:AXTI) announced participation in the 26th Annual B. Riley Securities Institutional Investor Conference in Los Angeles, California, on May 21, to be followed by the 23rd Annual Craig-Hallum Institutional Investor Conference in Minneapolis on May 28. It would also join the Northland Securities Virtual Growth Conference on June 23.

Investors are expected to watch out for the company’s outlook and growth guidance for the rest of the year, after it adjourned its Annual Stockholders’ Meeting last week due to the lack of a quorum.

In other news, AXT Inc. (NASDAQ:AXTI) earlier this month announced a huge improvement to its earnings performance for the first quarter of the year, with attributable net loss slashed by 81 percent to $1.62 million from $8.798 million in the same period last year. The drop was due to an 84 percent decrease in operating loss, at $1.585 million versus $10.275 million year-on-year.

Revenues also surged by 39 percent to $26.9 million from $19.3 million year-on-year.

Looking ahead, AXT Inc. (NASDAQ:AXTI) posted a highly optimistic outlook about its business, with the company expecting to ride the booming artificial intelligence industry through a strong demand from data center operators.

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

Credo Technology snapped a five-day losing streak on Tuesday, surging 8.14 percent to close at $168.99 apiece, as investors resorted to bargain-hunting while repositioning portfolios ahead of the results of its earnings performance for the fourth quarter and fiscal year 2026.

In a statement, Credo Technology Group Holding Ltd. (NASDAQ:CRDO) said that it is scheduled to release its financial and operating highlights after market close on June 1, 2026. A conference call will be held to elaborate on the results.

The company earlier targeted a revenue expansion of 150 to 156 percent in the fourth quarter of the fiscal year, to a range of $425 million to $435 million, versus only $170 million in the same period last year. Gross margin is expected to be at 63.9 percent to 65.9 percent.

Investors are also expected to watch out for Credo Technology Group Holding Ltd.’s (NASDAQ:CRDO) outlook for fiscal year 2027, following its acquisition of DustPhonics, a company engaged in the development of Silicon Photonics Photonic Integrated Circuit (SiPho PIC) technology for optical transceivers.

Earlier this year, Credo Technology Group Holding Ltd. (NASDAQ:CRDO) said that it expects DustPhonics to boost its optical revenues to more than $500 million for fiscal year 2027, position it as a key player in a vertically integrated connectivity stack for scale-out and scale-up networks, and address both electrical and optical interconnects across the full AI infrastructure buildout.

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