In this article, we will look at the 5 Stocks Making Huge Moves Today. For a deeper discussion and an extended list, please see 10 Stocks Making Huge Moves Today.
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5. DigitalOcean Holdings Inc. (NYSE:DOCN)
DigitalOcean extended its winning streak to a fifth consecutive session on Wednesday, jumping 10.77 percent to finish at $68.69 apiece, as investors continued to pour funds back into AI stocks following a pessimistic market last week.
The rally was supported by Nvidia Corp.’s ramped up investments in the artificial intelligence sector, with a $2 billion backing on Nebius Group, solidifying the former’s further optimism for the rapidly growing sector.
Nvidia’s investments are widely watched out by the investing community as it sits at the center of the AI wave. Its investments in companies often signal which firms could become important in the boom.
In other news, DigitalOcean Holdings Inc. (NYSE:DOCN) earlier this month announced the addition of Workato AI Research Lab as its new customer, after the latter shifted to its platform to advance the development of its next-generation enterprise AI agents.
As part of the collaboration, DigitalOcean Holdings Inc. (NYSE:DOCN) helped Workato design and tune a distributed interference architecture, and also configured Nvidia Dynamo to intelligently coordinate workloads across interconnected GPU clusters. This ensured requests were routed to the most efficient compute resources in real time, reducing redundant processing, lowering costs, and improving responsiveness under heavy demand.
4. Caesars Entertainment Inc. (NASDAQ:CZR)
Caesars Entertainment jumped by 11.76 percent on Wednesday to finish at $29.07 apiece, as investors snapped up shares following developments on billionaire Tilman Fertitta’s planned acquisition of the company for $7 billion.
According to Wall Street Journal, Fertitta is exclusively in talks with Caesars Entertainment Inc. (NASDAQ:CZR) for the acquisition of its shares at a price of $34 apiece, topping magnate Carl Icahn’s $33 offer through Icahn Enterprises.
The figure marked a 30.7 percent upside from its closing price of $26.01 on Tuesday prior to the purchase price announcement, and 64 percent from the $20.77 closing price on February 25 before the acquisition buzz was first reported by the Financial Times.
Icahn also holds a significant stake in Caesars Entertainment Inc. (NASDAQ:CZR) and has been openly pushing for strategic initiatives to boost company value, including the sale of the firm.
Fertitta, on the other hand, owns the Fertitta Entertainment which holds operations of the Golden Nugget casino.
The acquisition came on the heels of widening losses, with attributable net loss last year increasing by 80.6 percent to $502 million from $278 million in 2024.
Net revenues, on the other hand, inched up by 2.7 percent to $11.5 billion from $11.2 billion year-on-year.
In the fourth quarter alone, Caesars Entertainment Inc. (NASDAQ:CZR) swung to an attributable net loss of $250 million from an $11 million net income in the same quarter a year earlier, with last year’s comparable period incurring a one-off gain of $350 million from certain asset sales.
Revenues jumped by 3.6 percent to $2.9 billion from $2.8 billion.
3. Sable Offshore Corp. (NYSE:SOC)
Sable Offshore soared by 15.06 percent on Wednesday to close at $16.58 apiece on renewed optimism for the looming restart of its full operations off the California coast.
This followed a report by Bloomberg that President Donald Trump is looking to intervene and exercise his emergency powers that would allow Sable Offshore Corp. (NYSE:SOC) to move forward with the resumption of operations of the Las Flores onshore pipeline which was ordered shut for more than a decade due to a major oil spill.
Trump’s emergency powers could override state laws currently preventing Sable Offshore Corp. (NYSE:SOC) from fully operating its pipeline.
The report followed a legal opinion from an office under the Department of Justice last week confirming that Trump’s emergency powers could override conflicting federal laws.
“An order issued as an exercise of congressionally delegated authority or the President’s constitutional powers has the force of federal law under the Supremacy Clause and may preempt contrary state law,” said Thomas Elliot Gaiser, assistant attorney general for the Office of Legal Counsel of the DOJ.
Sable Offshore Corp. (NYSE:SOC) has already restarted operations of its offshore unit—Santa Ynez—in May last year, but remained unable to sell or transport hydrocarbons through its Las Flores facility pending court approval.
2. Nebius Group NV (NASDAQ:NBIS)
Nebius extended its winning streak to a third consecutive session on Wednesday, jumping 16.14 percent to finish at $112 apiece, as investors mirrored Nvidia Corp.’s backing of the company through the acquisition of a $2 billion stake.
In a statement, Nvidia said that the total investment complements a partnership recently sealed with Nebius Group NV (NASDAQ:NBIS) for the joint development and deployment of next-generation hyperscale cloud for the AI market.
Under the agreement, the two firms would collaborate on AI factory design and support, including access to partner design material, design review process and acceptance, and regular business and technical reviews, among others.
They would also partner on creating a best-in-class inference and agentic AI stack for developers and enterprises with Nvidia’s latest software technologies, optimized models and libraries.
Nebius Group NV (NASDAQ:NBIS) would deploy multiple generations of Nvidia’s infrastructure across its platform, as well as the latest GPU health monitoring to allow software recommendations.
At present, Nebius Group NV (NASDAQ:NBIS) is underway with the development of an AI factory capable of powering 5 GW of capacity. Deployment is expected to start over the next four years.
1. Navitas Semiconductor Corp. (NASDAQ:NVTS)
Navitas extended its winning streak to a third straight day on Wednesday, jumping 24.88 percent to close at $10.84 apiece, following the unveiling of two new 5th generation semiconductor products which are aimed to address the needs of AI data centers.
In a statement, Navitas Semiconductor Corp. (NASDAQ:NVTS) introduced the top-side cooled QDPAK and a low-profile TO-247-4L which it said set “a new industry benchmark” for power density and ruggedness.
Navitas Semiconductor Corp. (NASDAQ:NVTS) said that the QDPAK package is designed to overcome the thermal limitations of conventional PCB cooling by enabling heat dissipation directly through the top of the package to the heatsink. This optimized thermal path significantly improves heat dissipation efficiency and enables smaller system footprints.
Meanwhile, the TO-247-4-LP variant is an optimized package for power electronics systems where vertical clearance is limited, such as high-density AI power racks.
Products aside, Navitas Semiconductor Corp. (NASDAQ:NVTS) on the same day named Tonya Stevens as its new chief finance officer, replacing Todd Glickman who earlier announced his departure from the company to pursue other opportunities. The transition will take effect on March 30.
Stevens joins the company from Lattice Semiconductor, where she served as Chief Accounting Officer and previously as Interim CFO.
As new CFO, she will be tasked to oversee the semiconductor firm’s financial strategy, investor relations, treasury and the global finance organization and lead the path to profitability.
While we acknowledge the potential of NVTS 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 NVTS and that has 100x upside potential, check out our report about this cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
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