Ten stocks finished the trading week standing stronger, booking mid-double-digit gains week-on-week, as company-specific developments were promising enough to spark high rallies.
On Wall Street, only the tech-heavy Nasdaq and the S&P 500 finished in the green, clocking 1.5 percent and 0.60 percent gains, respectively. In contrast, the Dow Jones dipped by 0.07 percent.
In this list, we name this week’s 10 biggest players 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. SharpLink Gaming, Inc. (NASDAQ:SBET)
SharpLink Gaming capped off the trading week, boasting a 33.86-percent gain to close at $28.98 versus the $21.65 close on July 11, as investors cheered its new leadership position in the cryptocurrency industry.
This came after announcements on Wednesday that it is now the largest holder of Ethereum cryptocurrencies globally following the acquisition of 74,656 ETH last week, pushing its total ownership to 280,706. The assets were acquired between July 7 and 13 at a weighted average price of $2,852 each.
Investors snapped up shares following the news, propelling its stock price by 80.51 percent during the week alone.
The transaction also coincided with SharpLink Gaming, Inc.’s (NASDAQ:SBET) successful raising of $413 million through the issuance of more than 24 million shares At-The-Market between July 7 and 11.
As of July 13, SharpLink Gaming, Inc. (NASDAQ:SBET) said approximately $257 million of the total proceeds have yet to be spent on ETH purchases.
9. NuScale Power Corporation (NYSE:SMR)
NuScale Power saw its share prices surge by 34.07 percent week-on-week, ending Friday’s trading at $50.25 versus the $37.48 last Friday, as investors turned optimistic about a research study that projected the fuel cell market to expand by more than 21 percent annually through 2029.
The highest rally was notable on Friday following BCC Research’s release of the Global Fuel Cell Generator Market study that said the sector was projected to increase to $3.1 billion by 2029 from $1.4 billion in 2024, at a compound annual growth rate (CAGR) of 21.2 percent.
“Fuel cell generators provide a steady and dependable power source, especially during grid outages, making them a smart choice for backup or even main power,” it said.
Additionally, investors positioned portfolios ahead of the release of NuScale Power Corporation’s (NYSE:SMR) release of its second quarter earnings performance on August 8.
Investors will be closely watching for cues of deals with companies following President Donald Trump’s signing of an executive order in May which would support a government target to quadruple the US nuclear power industry by 2050.
8. Pagaya Technologies Ltd. (NASDAQ:PGY)
Pagaya Technologies jumped by 35.24 percent week-on-week, finishing at $31.12 on Friday versus the $23.01 on July 11, following the preliminary results of its second quarter earnings, suggesting that it exceeded its income target.
In a statement, Pagaya Technologies Ltd. (NASDAQ:PGY) said that it was expecting to announce $17 million in net income during the second quarter of the year, 70 percent higher than the high-end range of its $0-$10 million guidance previously.
Revenues were also expected to hit $326 million, or 5-12 percent higher than the $290 million to $310 million guidance prior.
Results are currently being finalized, with official data slated for release on August 7, 2025.
“Our second-quarter results reflect continued strong execution across our network, with a focus on consistent and profitable growth,” said Pagaya Technologies Ltd. (NASDAQ:PGY) CFO Evangelos Perros.
7. Webull Corporation (NASDAQ:BULL)
Webull grew its share prices by 35.34 percent week-on-week to end at $16.89 versus the $12.48 on July 11, as investor sentiment was boosted by its ongoing initiatives for the cryptocurrency industry.
In a statement earlier in the week, Webull Corporation (NASDAQ:BULL) announced that it would reintegrate cryptocurrency trading into its group platform as it eyes to reintroduce cryptocurrency 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 improving clarity of cryptocurrency regulations, both in the United States and internationally, underlies our decision to bring crypto trading back to our platform,” Webull Corporation (NASDAQ:BULL) President and CEO Anthony Denier said.
“With this consolidation, 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,” he added.
6. MP Materials Corp. (NYSE:MP)
MP Materials climbed by 40.15 percent week-on-week to hit a new all-time high as investors gobbled up shares after clinching a $500-million partnership with technology giant Apple Inc.
At intra-day trading on Friday, MP Materials Corp. (NYSE:MP) touched a new 52-week high of $64.51 before a slight profit-taking pulled its shares to end the day at $63.22.
The rally followed news from Apple that it committed to gobble up US-made rare earth magnets from MP Materials Corp.’s (NYSE:MP) flagship Independence facility in Fort Worth, Texas, and that it would work with the company to build out a state-of-the-art Texas factory with a series of neodymium magnet manufacturing lines specifically designed for Apple products. The initiative is expected to boost MP Materials Corp.’s (NYSE:MP) overall production.
Once built, the produced magnets will be shipped across the country and all over the world.
Prior to its partnership with Apple, MP Materials Corp. (NYSE:MP) also sealed a multi-billion-dollar deal and $400 million investment with the Department of Defense (DOD) to ramp up the production of rare earth minerals in the US.
5. Rigetti Computing, Inc. (NASDAQ:RGTI)
Rigetti Computing soared by 40.89 percent week-on-week to close Friday’s trading at $17.16 versus the $12.18 on July 11 as investors cheered the achievement of a new milestone that effectively reduced its error rate by half.
In a statement earlier in the week, Rigetti Computing, Inc. (NASDAQ:RGTI) said that its modular 36-qubit system achieved its mid-year performance milestone of 99.5 percent median two-qubit gate fidelity, or a 2x reduction in median two-qubit gate error rate from its previous best results on the 84-qubit single-chip Ankaa-3 system.
Composed of four 9-qubit chips tiled together, the 36-qubit system is based on Rigetti Computing, Inc.’s (NASDAQ:RGTI) proprietary modular chip technology and unlocks the company’s path to building a 100+ qubit chiplet-based system.
According to the company, it is on track to launch its 36-qubit system on August 15, as well as its 100+ qubit chiplet-based system at 99.5 percent median two-qubit gate fidelity, before the end of the year.
4. Sable Offshore Corp. (NYSE:SOC)
Sable Offshore saw its share prices jump by 41.28 percent in just the past five trading days of the week, as investors turned optimistic about the looming restart of its long-shut Las Flores pipelines.
This followed a market report from Roth Capital earlier in the week that claimed Sable Offshore Corp. (NYSE:SOC) was nearing the receipt of a final affirmative ruling before it could officially restart works in its Las Flores pipelines, that was ordered shut in 2015.
According to the report, a US judge already allowed the company to move forward with certain preparatory steps, but it remains unauthorized to restart pending the receipt of a signed notice of compliance.
Once in full swing, the company stands to benefit from the expansion of the artificial intelligence sector amid the continued growing demand in power from data centers.
Earlier this week, President Donald Trump announced that the US would expect investments worth $92 billion in the AI and energy sectors over the next few years. He earlier pledged that the government would fast-track permits to support the aggressive expansion program.
3. Energy Fuels Inc. (NYSEAmerican:UUUU)
Energy Fuels skyrocketed by 41.82 percent week-on-week, closing Friday’s session at $9.36 versus the $6.6 finish on July 11, bolstered by news that it has begun the production of heavy rare earth oxide.
In a statement, Energy Fuels Inc. (NYSEAmerican:UUUU) said that it is now underway with the production of Dysprosium oxide, also known as dysprosia, at its White Mesa Mill in Utah.
The chemical compound is expected to have a minimum purity of 99.5 percent and exceed 99.9 percent purity.
Energy Fuels Inc. (NYSEAmerican:UUUU) said it targets to complete the production of the first kilogram of the compound within the next 30 days, and expects to continue production on a pilot scale until the end of September 2025, at which it expects to have produced 15 kgs—enough to generate residuals to feed its Terbium circuit beginning October 2025.
If progress continues as planned, the company also targets to kick off production of samarium oxide on a pilot scale in January 2026.
According to Energy Fuels Inc. (NYSEAmerican:UUUU) President and CEO Mark Chalmers, the company is now in a unique position to produce the heavy rare earth oxides needed by US industries to make rare earth metals, alloys and magnets.
2. Joby Aviation, Inc. (NYSE:JOBY)
Joby Aviation soared by 47.67 percent week-on-week to close at $17.78 versus the $12.04 finish on July 11, as investor confidence was boosted by its aggressive expansion plans.
In a statement earlier last week, Joby Aviation, Inc. (NYSE:JOBY) announced that it was underway with the expansion of its facilities in Dayton, Ohio and Marina, California, to accommodate the targeted annual production of 500 and 24 aircraft, respectively.
The facilities form part of Joby Aviation, Inc.’s (NYSE:JOBY) four total manufacturing sites, with the two others located in Santa Cruz, California.
According to Joby Aviation, Inc. (NYSE:JOBY), the Marina expansion will also provide other key capabilities, including initial FAA production certification, conforming ground and flight testing components, pilot training simulators, and aircraft maintenance, among others.
Based on its historical reporting dates, Joby Aviation, Inc. (NYSE:JOBY), a company heavily backed by giant carmaker Toyota Motors, is expected to release the results of its second quarter earnings performance in the first week of August 2025.
1. QuantumScape Corporation (NYSE:QS)
QuantumScape surged by 51.68 percent in just a week’s trading, extending its rally to a ninth consecutive day on Friday to close at $14.64, as investors appeared overly optimistic about its new production milestone, taking the chance to position ahead of its second quarter earnings performance.
Continued investor confidence appeared to be driven by the company’s announcement last month that it had achieved a new milestone that would scale up its 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.
Investors will be closely watching out for QuantumScape Corporation’s (NYSE:QS) updated outlook for the rest of the year, with a new production process now in full swing. The company is set to release its second quarter earnings results and hold an investor call on Wednesday, July 23, after the market close.
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