The stock market finished mixed anew on Tuesday, as investors continued to digest a flurry of corporate earnings for the second quarter of the year while cheering the US government’s trade pact with the Philippines and Indonesia.
Among Wall Street’s major indices, only the Dow Jones and the S&P 500 finished in the green, up 0.40 percent and 0.06 percent, respectively. In contrast, the tech-heavy Nasdaq declined by 0.39 percent.
Main indices aside, 10 companies recorded huge gains during the session, jumping by as much as 9 to 18 percent, thanks to second quarter earnings that beat expectations.
In this article, we highlight Tuesday’s 10 top performers and break down the reasons behind their gains.
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. Peabody Energy Corporation (NYSE:BTU)
Peabody Energy grew its share prices for a second day on Tuesday, adding 8.99 percent to close at $17.34 apiece, as investors cheered the Chinese government’s move to crack down on coal companies producing coal above permitted levels as part of its move to regulate the market.
The effort forms part of a broader initiative to stabilize the coal market and reduce oversupply—a move that could unlock higher global coal prices.
While Peabody Energy Corporation (NYSE:BTU) does not have direct mining operations in China, the supply tightening would help support in boosting demand for seaborne coal globally.
Peabody Energy Corporation (NYSE:BTU) is a US-based company that operates an extensive number of mining sites in Australia and the United States.
In a note on its website, Peabody Energy Corporation (NYSE:BTU) said it is scheduled to announce the results of its earnings performance for the second quarter of the year next week, July 31.
9. Transocean Ltd. (NYSE:RIG)
Transocean Ltd. rallied for a fourth straight day on Tuesday, adding 9.47 percent to close at $2.89 apiece as investors repositioned portfolios ahead of the release of its earnings performance for the second quarter of the year.
Transocean Ltd. (NYSE:RIG) is scheduled to announce the results of its financial and operating highlights on August 4. A conference call will be held at 9 AM Eastern Time.
In other news, Transocean Ltd. (NYSE:RIG) announced last week that it is working on a total contract backlog worth $7.2 billion across four offshore drilling rigs.
On Tuesday, it announced the successful exchange with certain shareholders its 4-percent senior guaranteed exchangeable bonds into stocks. The notes were set to mature this year.
Under the terms, the shareholders exchanged an aggregate principal amount of $157 million exchangeable bonds for 59 million shares with a par value of $0.10 apiece.
The transaction effectively lowered Transocean Ltd.’s (NYSE:RIG) outstanding bonds to $77 million.
8. QuantumScape Corporation (NYSE:QS)
QuantumScape bounced back from losses on Tuesday, jumping 10.22 percent to close at $13.80 apiece as investors reloaded positions ahead of its earnings performance tomorrow, July 23.
QuantumScape Corporation (NYSE:QS) has experienced a notable rally over the past few weeks, stretching its win to a nine-day rally between July 8 and 18, before profit-taking persisted to end Monday’s session lower.
Investor confidence was primarily driven by QuantumScape Corporation’s (NYSE:QS) announcement of a new milestone last month that would become key to ramped-up production capabilities.
Called the Cobra separator, the new process is designed to enable faster, more energy-efficient production with a smaller equipment footprint compared to earlier processes.
As compared with the prior generation Raptor process, QuantumScape Corporation (NYSE:QS) said Cobra offers a ~25x improvement in heat treatment speed and occupies a fraction of the physical space per film start—both of which are key advantages in the design of a scalable gigafactory production line.
7. NIO Inc. (NYSE:NIO)
NIO Inc. rallied for a second day on Tuesday, jumping 10.84 percent to close at $5.01 apiece as investors cheered the upcoming launch of a new vehicle next week.
On July 31, NIO Inc. (NYSE:NIO) is slated to unveil its vehicle L90, the second variant under its mass market sub-brand Onvo, to be followed by a five-seater L80 in the fourth quarter of the year.
Meanwhile, a refreshed ES8 SUV will also be launched in late September.
According to a report quoting NIO Inc. (NYSE:NIO) marketing head Pu Yang, the company will “go full throttle” starting this week.
Last month, NIO Inc. (NYSE:NIO) achieved a 17.5-percent increase in the number of vehicle deliveries last month, at 24,925. The deliveries consisted of 14,593 vehicles from the premium smart electric vehicle brand NIO; 6,400 from the family-oriented smart electric vehicle brand ONVO; and 3,932 from the small smart high-end electric car brand FIREFLY.
In the second quarter alone, NIO Inc. (NYSE:NIO) was able to deliver 72,056 vehicles, or an increase of 25.6 percent year-on-year.
Cumulative deliveries reached 785,714 as of June 30, 2025.
6. Lucid Group, Inc. (NASDAQ:LCID)
Lucid Group ended two days of losses on Tuesday, jumping 10.99 percent to close at $3.13 apiece as investors welcomed news that its 2026 vehicle lineup will officially gain access to Tesla’s supercharging network.
Beginning July 31, the company’s new Lucid Air lineup will be capable of charging on over 23,500 Tesla superchargers through an adapter.
The adapter will be available for sale at its stores at a price of $220, excluding taxes. It will be capable of charging up to 50 kW and power up to 200 mph of driving.
Access to Tesla’s charging network effectively removed an infrastructure roadblock for Lucid Group, Inc. (NASDAQ:LCID), making its vehicle ownership more seamless wherever Tesla operates, and potentially bolster its future sales.
The announcement followed the company’s multi-million-dollar investment and partnership with Uber Technologies Inc. (NYSE:UBER) for the deployment of more than 20,000 Lucid vehicles over the next six years. The vehicles will be deployed in a major city in the US.
Additionally, Uber committed to invest multimillions in both Lucid Group, Inc. (NASDAQ:LCID) and Nuro Inc., owner of the “Nuro Driver” system which enables Lucid vehicles to drive autonomously.
5. Cipher Mining Inc. (NASDAQ:CIFR)
Cipher Mining jumped by 11.04 percent on Tuesday to close at $6.94 apiece, tracking the rally in Bitcoin prices, while investors repositioned portfolios ahead of the release of its second quarter results.
According to the company, it is slated to release the results of its financial and operational performance for the April to June period on August 7. A conference call will be held at 8 AM Eastern Time.
As of this writing, prices of Bitcoin were up by 2.17 percent at nearly $120,000 apiece as investors grew more confident about the industry, with more financial institutions beginning to slowly adopt and offer cryptocurrency-related products.
Earlier this month, Cipher Mining Inc. (NASDAQ:CIFR) said it was able to mine 160 Bitcoins and sold 58 last month, bringing its total ownership to 1,063.
It said the Bitcoins were produced at an operating hash rate of 16.8 EH/s.
In the third quarter, Cipher Mining Inc. (NASDAQ:CIFR) expects to ramp up its operational hash rate to around 23.1 EH/S with new mining rigs expected for delivery in scheduled batches.
4. PulteGroup, Inc. (NYSE:PHM)
PulteGroup snapped a three-day losing streak on Tuesday, jumping 11.52 percent to close at $121.17 apiece as investors took heart from an investment firm’s rating and price target upgrade for its stock.
In a market note, Seaport Global Securities raised its price target for PulteGroup, Inc. (NYSE:PHM) to $155, marking a 28-percent upside from its latest closing price. The brokerage also gave a “buy” recommendation for its stock.
The upgrade was based on PulteGroup, Inc.’s (NYSE:PHM) second quarter guidance, which affirmed a more favorable investment case for the company.
In the second quarter of the year, PulteGroup, Inc. (NYSE:PHM) dropped its net income by 24.8 percent to $608 million from $809 million in the same period last year.
Revenues also dipped by 4 percent to $4.4 billion from $4.59 billion year-on-year.
Home sale gross margin stood at 27 percent, lower than the 29.9 percent last year, but was within the company’s previously provided guidance.
3. Webull Corporation (NASDAQ:BULL)
Webull jumped by 16.07 percent on Tuesday to end at $16.97 apiece as the rally in Bitcoin prices bolstered support to its reintegration of cryptocurrency trading.
As of this writing, prices of Bitcoin were up by 2.17 percent at nearly $120,000 apiece as investors grew more confident about the industry, with more financial institutions beginning to slowly adopt and offer cryptocurrency-related products.
In recent news, Webull Corporation (NASDAQ:BULL) announced the reintegration of cryptocurrency trading into its group platform as it eyes reintroducing crypto trading to its global customer base following its launch in Brazil last month.
Additional markets are also expected to take place, including making cryptocurrency trading available to its US customers through the Webull app by the end of the third quarter.
“The company will be better positioned to meet the needs of our customers. We are excited about the evolution of the financial services industry as it begins to adopt blockchain technology, and we’ve already seen great success with our rollout in Brazil. We look forward to tapping additional markets this year,” said Webull Corporation (NASDAQ:BULL) President and CEO Anthony Denier.
2. D.R. Horton, Inc. (NYSE:DHI)
DR Horton grew its share prices by 16.98 percent on Tuesday to close at $153.5 apiece after beating its earnings guidance for the third quarter of fiscal year 2025.
In its earnings release, D.R. Horton, Inc. (NYSE:DHI) said revenues during the period settled at $9.22 billion, lower than the $9.96 billion registered in the same period last year, but were well above analyst consensus.
Meanwhile, attributable net income dropped by 24 percent to $1.02 billion from $1.35 billion year-on-year.
Commenting on the company’s performance, D.R. Horton, Inc. (NYSE:DHI) Executive Chairman David Auld said that new home demand continued to be impacted by ongoing affordability constraints and cautious consumer sentiment.
He said he expected sales incentives to remain elevated in the fourth quarter of the year.
That said, D.R. Horton, Inc. (NYSE:DHI) lowered the high-end range of its full-year revenue guidance for the fourth quarter to $34.2 billion from $34.8 billion previously, with homes closed now expected to settle at only 85,000 versus the 87,000 prior.
1. IQVIA Holdings Inc. (NYSE:IQV)
IQVIA Holdings snapped a two-day losing streak on Tuesday, jumping by 17.88 percent to close at $187.38 apiece as investor sentiment was bolstered by higher-than-expected earnings performance in the second quarter of 2025.
In its earnings release, IQVIA Holdings Inc. (NYSE:IQV) said revenues during the period grew by 4 percent to $4.017 billion from $3.814 billion in the same period last year, pushing the six-month figure by 3.9 percent to $7.846 billion from $7.551 billion year-on-year.
However, net income for the second quarter was lower by 26.7 percent to $266 million from $363 million year-on-year, while net profit for the six-month period declined by 20.89 percent to $515 million from $651 million year-on-year.
For the full year, IQVIA Holdings Inc. (NYSE:IQV) lowered its revenue guidance to $16.1 billion to $16.3 billion, from $16 billion to $16.4 billion previously.
“This revenue guidance assumes approximately $100 million of COVID-related revenue step-down, entirely in R&DS, approximately 100 basis points of tailwind from foreign exchange, and approximately 150 basis points of contribution from acquisitions,” the company said.
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