Why WeRide Inc. (WRD) Skyrocketed On Tuesday

We recently published a list of Here’s What Fueled These 10 Firms’ Surge. In this article, we are going to take a look at where WeRide Inc. (NASDAQ:WRD) stands against other Tuesday’s best-performing stocks.

The stock market ended the trading session in the red on Tuesday, with all major indices giving up earlier gains, as investors sold off positions while waiting for the results of the Federal Reserve’s policy decision, while digesting President Donald Trump’s new tariff policies.

Among all the major indices, the Dow Jones fell the heaviest, down 0.95 percent. The tech-heavy Nasdaq followed with a 0.87-percent decline, while the S&P 500 finished with a 0.77-percent drop.

Beyond the major indices, 10 firms stood out with strong gains amid a fl

urry of fresh developments, including new partnerships, optimistic outlooks, and impressive earnings performance. In this article, we name Tuesday’s 10 best-performing stocks and detail the reasons behind their gains.

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

Why WeRide Inc. (WRD) Skyrocketed On Tuesday

A pick-up and delivery truck speeding down a busy city street.

WeRide Inc. (NASDAQ:WRD)

China-based WeRide Inc. soared by 31.68 percent on Tuesday to finish at $9.02 apiece as investor sentiment was buoyed by news that it expanded its partnership with Uber Technologies Inc. (NYSE:UBER) to expand robotaxi operations into 15 cities globally.

In a statement, Uber Technologies Inc. (NYSE:UBER) said that it joined forces anew with WeRide Inc. (NASDAQ:WRD) to offer robotaxis in the Uber app in 15 more locations, including Europe and the Middle East. Uber Technologies Inc. (NYSE:UBER) will continue to handle fleet operations.

“This expansion aligns with WeRide’s ambitious strategy for global growth—to make autonomous driving solutions more affordable and accessible to people worldwide,” said WeRide Inc. (NASDAQ:WRD) CEO Han Xu.

The two firms kicked off their partnership last year with the launch of robotaxis in Abu Dhabi, and later on, in Dubai, as they aim to expand their autonomous vehicle partnership to several new cities each year, all outside of the US and China.

Overall, WRD ranks 2nd on our list of Tuesday’s best-performing stocks. While we acknowledge the potential of WRD as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than WRD but that trades at less than 5 times its earnings, 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.

Disclosure: None. This article is originally published at Insider Monkey.