US markets finished mixed Friday, with investors continuing to sell technology stocks amid uncertainty about Nvidia Corp.’s future. The Dow Jones was the sole gainer, up 0.10 percent. The Nasdaq fell 0.91 percent, while the S&P 500 declined 0.41 percent.
In contrast, 10 stocks stood firm during the session, boasting gains between 7 and 31 percent. In this article, we identify their names and break down the reasons behind their gains.
To come up with the list, we considered only the stocks with more than $1 billion in market capitalization and 5 million shares in trading volume.
The New York Stock Exchange building. Photo by Дмитрий Трепольский on Pexels
10. Almonty Industries Inc. (NASDAQ:ALM)
Almonty Industries grew its share price by 7.73 percent on Friday to finish at $8.22 apiece, after reporting a strong earnings performance in the third quarter of the year, helped by higher tungsten prices.
During the period, net income increased by 51.2 percent to CA$50.23 million from CA$33.19 million in the same period last year.
Revenues soared 381 percent to CA$41.89 million from CA$8.7 million year-on-year, primarily driven by a significant appreciation in the prices of tungsten APT, with the European APT average price climbing 355 percent to $2,800 per MTU from $615 per MTU in the same period last year.
Income from mining operations amounted to CA$26 million, marking a 1,900 percent surge from CA$1.3 million year-on-year.
The third quarter also marked the same period that the Sangdong mine returned to full operations after 33 years, raising rosy growth prospects for the company in the long-term period.
In September this year, Almonty Industries Inc. (NASDAQ:ALM) received the final certificates required to commercially operate the processing plant and produced the first tungsten, leading to a Phase 2 expansion that is expected to nearly double throughput capacity to 1.2 million tons per year.
“With more than 90 percent of Phase I production already contracted, our focus now is on ramping the plant safely and steadily, and we have support on site working alongside our operators to do exactly that. The same partner is supplying Phase II equipment, including new mills,” Almonty Industries Inc. President and CEO Lewis Black said.
9. Klarna Group PLC (NYSE:KLAR)
Klarna Group climbed by 8.58 percent on Friday to finish at $13.80 apiece, as investors positioned their portfolios ahead of its upcoming earnings while digesting the appointment of a new Finance chief.
In an updated report on the same day, the financial technology firm said that it would release the results of its earnings performance for the third quarter of the year on Tuesday, November 17. A conference call will be held to elaborate on the results.
For the period, the company is expected to report gross merchandise volume of $35 billion to $36 billion, or a 7 to 10 percent growth from the $32.7 billion in the same period last year.
Revenues are targeted at $940 million to $980 million, or 4 to 8.5 percent higher than the $903 million in the same comparable period.
In other news, Klarna Group PLC (NYSE:KLAR) announced the appointment of Chris Koegel as its new chief finance officer beginning January 1, 2027, replacing Niclas Neglen.
Koegel will join the company from Robinhood Markets, where he currently serves as vice president and head of corporate finance and investor relations.
He joined Robinhood in 2022 and has helped the company’s valuation grow from less than $10 billion to $100 billion.
Prior to Robinhood, he served as investor relations head at LPL Financial LLC from 2015 to 2022, after spending 13 years at Bain & Company. Koegel holds a BA in Mathematics from Williams College and an MBA from Dartmouth College.
8. Cerebras Systems Inc. (NASDAQ:CBRS)
Cerebras Systems saw its share prices jump by 11.22 percent on Friday to finish at $108.72 apiece, as investor sentiment was bolstered by its higher growth outlook for full-year 2026 and a record-breaking revenue from cloud and other services.
In an updated report on the same day, Cerebras Systems Inc. (NASDAQ:CBRS) said that it raked in $141.9 million in revenues from cloud and other services, marking a 265 percent jump from the $38.9 million in the same period last year, on the back of strong demand from AI.
This pushed total revenues higher by 55 percent to $210.8 million from $135.7 million year-on-year.
Meanwhile, hardware revenues declined by 28.8 percent to $68.88 million from $96.79 million in the same comparable period.
“We exceeded our guidance across the board for the third quarter in a row and delivered sequential improvements on all core financial metrics,” Cerebras Systems Inc. CFO Bob Komin said.
“We won new marquee customers, including hyperscalers, neoclouds and large enterprises. And we saw our pipeline for high-speed AI inference increase by more than 10x in the quarter,” he noted.
Following the results, the company raised its revenue growth guidance for the full-year 2026 to a range of $940 million to $960 million, versus the $880 million to $890 million in the same period last year.
Gross margin is now expected at 42 to 44 percent, versus 41 to 43 percent earlier.
7. Nu Holdings Ltd. (NYSE:NU)
Nu Holdings grew its share price by 11.75 percent on Friday to close at $13.22 apiece after reporting strong earnings performance in the third quarter of the year, thanks to solid net interest income across its global businesses.
In an updated report, Nu Holdings Ltd. (NYSE:NU) said that it netted $1.09 billion in the third quarter of the year, or a jump of 39 percent from the same period last year. Total revenues grew by 45 percent to $6.2 billion from $4.3 billion, thanks to higher contributions from credit income, float income, and fee income.
Credit income alone soared by 52 percent to $3.795 billion from $2.489 billion, while float income increased by 26 percent to $1.55 billion from $1.225 billion.
Fee income stood at $913 million, higher by 51 percent to $913 million from $602.8 million.
Nu Holdings Ltd. also added 3.7 million customers during the quarter, reaching 143 million globally.
Brazil remained its largest market, with nearly 120 million customers, followed by Mexico with 16.6 million, and Colombia with 6.1 million.
Activity rate rose by 83.6 percent versus 83 percent year-on-year and 83.5 percent quarter-on-quarter.
6. Uniti Group Inc. (NASDAQ:UNIT)
Uniti Group bounced back by 13.49 percent on Friday to finish at $4.88 apiece, as investors cheered the successful test of an ultra-fast internet connectivity expected to be offered commercially next year, while hunting for bargains after a five-day decline.
In an updated report, Uniti Group Inc. (NASDAQ:UNIT) announced the successful trial of an industry first 800 Gigabit Ethernet (800GE) service in Chicago, Illinois, and Lexington, Kentucky, demonstrated using a Nokia 1830 Global Express (GX) solution.
It expects to make the service available to customers in the first quarter of 2027.
Unlike other available 800GE client interfaces that rely on multiple fiber pairs, the trial validated that Uniti Group Inc.’s system is able to provide the complete 800G customer handoff over a single fiber pair.
“Our customers are looking for more capacity, but they also want the experience of connecting to that capacity to be as simple and efficient as possible,” said Greg Ortyl, executive vice president and president of strategic accounts for Uniti Wholesale.
“By demonstrating an 800G service with a single fiber pair handoff, we are simplifying the customer connection while giving businesses a straightforward path to the next generation of high-capacity connectivity,” he added.
5. HawkEye 360 Inc. (NYSE:HAWK)
HawkEye 360 saw its share price jump by 23.79 percent on Friday to close at $18.16 apiece, as investor sentiment was bolstered by its strong revenues and higher growth outlook for full-year 2026.
In an updated report on the same day, HawkEye 360 Inc. (NYSE:HAWK) said that revenues in the third quarter of the year more than doubled to $59.3 million from $27.4 million in the same period last year.
However, it swung to a net loss attributable to shareholders of $163,000 from an attributable net income of $120,000 year-on-year.
“I am pleased with our third quarter results as we continue to see strong momentum for signals intelligence data and analytics. Importantly, growth on the international side of our business continues to gain significant traction, highlighted by revenue increasing 76% year-over-year to $23.3 million,” HawkEye 360 Inc. CEO John Serafini said.
“We expect international expansion will continue. We are pleased with the opportunities in front of us, and that our success is translating into tangible financial results,” he added.
More recently, the company reached another milestone in the next phase of its constellation expansion with the launches of clusters 15 and 16 last month.
“Following deployment, our space operations team successfully established communications with all six satellites across both clusters. Once commissioned, these clusters are expected to increase our revisit rate and allow us to serve a greater number of customers and mission requirements,” he added.
4. Fermi Inc. (NASDAQ:FRMI)
Fermi extended its winning streak to a third consecutive day on Friday, soaring 26.7 percent to close at $2.61 apiece, as investor sentiment was bolstered by reports that it revived talks with Amazon for an earlier botched power capacity supply.
A report by the Financial Times, citing people privy to the matter, said that Fermi Inc. (NASDAQ:FRMI) went back to negotiations with Amazon for a potential power supply deal, after their initial talks collapsed last December.
Amazon is expected to build its own data centers at Fermi’s Project Matador campus in Amarillo, Texas.
On Thursday, Fermi Inc. announced that it inked multiple agreements with an investment-grade hyperscaler, which it refused to identify, to advance 600 megawatts of power capacity at the Project Matador.
The company, it said, committed more than $200 million up front to accelerate construction, another $15 million for early construction and site development, with an additional $90 million being contemplated for structural steel and building materials acquisition.
“We believe this is just the start of converting our strong pipeline of customers. If we successfully turn this pipeline of prospective customers into leases, it would completely fill our 2.2 gigawatts of current capacity. This gives us growing confidence in our path forward and puts us in a strong position to evolve from pre-revenue, pre-lease to the next phase of growth,” Fermi Inc. said.
3. Modine Manufacturing Company (NYSE:MOD)
Modine Manufacturing grew its share price by 27.86 percent on Friday to finish at $135.66 apiece, as investors gobbled up shares following reports that it is in talks with Samsung Electronics.
Bloomberg News reported on Thursday that the two firms are currently in negotiations, with a final decision expected in the coming weeks.
However, no final decision has yet been made, and negotiations could still collapse with another prospective buyer possibly emerging.
In addition to the reports, the rally can also be attributed to portfolio positioning as Modine Manufacturing Company (NYSE:MOD) hosts its analyst and investor day on Wednesday, November 18, where president and CEO Neil Brinker and CFO Michael Lucareli are expected to present an update to the company’s multi-year growth strategy and new financial targets following the spin-off of the Performance Technologies segment
Investors are also expected to wait for cues and confirmation on its potential merger with Samsung.
Earlier this month, Modine Manufacturing Company reported a 32 percent decline in its net income in the second quarter of fiscal year 2027 ending September, at $30.3 million versus $44.8 million in the same period last year, dragged down by $29.5 million of income tax expense related to legal entity restructuring to facilitate the spin-off of the Performance Technologies business.
Net sales, on the other hand, increased by 35 percent to $994.4 million from $738.9 million in the same comparable period, thanks to record orders and backlog from data centers and expanding opportunities within the commercial HVAC segment.
2. Liftoff Mobile Inc. (NASDAQ:LFTO)
Liftoff Mobile extended its winning streak to a third consecutive day on Friday, soaring 30.63 percent to close at $24.44 apiece, after swinging to profitability in the third quarter of the year.
In an updated report on the same day, the AI-powered growth and monetization platform said that it raked in $87 million in net income during the period, reversing a $6 million net loss in the same period last year.
Revenues increased by 32 percent to $238 million from $220 million year-on-year, beating its previous guidance range of $217 million to $222 million for the period.
“Our third quarter results came in well above the high end of our previously published guidance and showed the breadth of the app economy at work,” Liftoff Mobile Inc. (NASDAQ:LFTO) CEO Jeremy Bondy said.
“We saw strength across key app categories, as better performance for our customers drove more investment in our platform and strengthened our flywheel. We’re confident that our platform is purpose-built to capture user attention and monetization for our customers,” he noted.
Following the results, Liftoff Mobile Inc. raised its full-year 2026 revenue growth guidance to a range of $907 million to $912 million from $870 million to $880 million previously.
It also increased its adjusted EBITDA guidance to between $547 million and $551 million, versus $510 million to $518 million earlier.
1. Newsmax Inc. (NYSE:NMAX)
Newsmax soared by 31.41 percent on Friday to close at $9.58 apiece, after a stellar earnings performance in the third quarter of the year.
During the period, Newsmax Inc. (NYSE:NMAX) swung to a net income of $15.2 million from a $4.1 million net loss in the same period last year.
Total revenues grew by 52.5 percent to $69.03 million from $45.27 million year-on-year, with service revenues contributing the largest chunk, at $53.8 million, or a 23 percent increase from $43.7 million year-on-year.
Audience reach ended at 22.5 million, while social media followers jumped 13 percent year-on-year to 26.8 million.
”The third quarter was the strongest in our history as a public company. Setting aside the one-time revenue item, we delivered our fastest revenue growth since our listing and a second consecutive profitable quarter,” Newsmax Inc. CEO Christopher Ruddy said.
“Engagement rose through the midterm campaign, and that is an early indicator of what is ahead. We have positioned Newsmax on all platforms for all people, from cable and free streaming to Newsmax+, social and now AI, heading into what we expect to be the largest presidential cycle on record,” he noted.
Despite the strong figures, Newsmax Inc. maintained its underlying full-year 2026 revenue guidance of $212 million to $216 million, which excludes the $14 million one-time revenue item recognized in the third quarter. This would mark a year-on-year growth of 13 percent.
Including the one-time revenue item, the company is looking at a full-year 2026 revenue of $226 million to $230 million.
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