10 Firms Post Double-Digit Gains on Thursday

Wall Street’s main indices finished in the green territory on Thursday, as investors cheered President Donald Trump’s reciprocal tariffs–but not right away.

The Dow Jones rose 0.77 percent, the S&P 500 increased 1.04 percent, while Nasdaq jumped 1.50 percent.

Ten companies mirrored a broader market optimism, clocking in double-digit gains. In this article, we will explore the reasons behind their impressive performance.

To come up with Thursday’s top gainers, we considered only the stocks with at least $2 billion in market capitalization and $5 million in daily trading volume.

Stock market charts. Photo by Kaboompics.com on Pexels

10. Tempus AI Inc. (NASDAQ:TEM)

Shares of Tempus AI rose by 13.36 percent on Thursday to close at $83.75 apiece as investors cheered the company’s partnership with the nonprofit organization Institute for Follicular Lymphoma Innovation (IFLI).

In a statement, TEM said the partnership aims to develop targeted therapies for the disease through developing a real-world multimodal, deidentified FL data library in its data analytics platform, through which researchers may derive AI-driven insights to accelerate the development of FL treatments in an effort to improve patient outcomes.

TEM said the two parties will focus on prospectively generating multimodal FL data, particularly for POD24 patients who experience disease progression within 24 months of treatment.

Data from the National Cancer Institute as of 2024 showed that FL is most frequently diagnosed among people aged 65 to 74 and that the survival rate is at 89.9 percent.

9. Lucid Group Inc. (NASDAQ:LCID)

Lucid Group saw its share prices grow by 13.59 percent on Thursday to end at $3.26 apiece as investor sentiment was fueled by news of Emad Dlala’s promotion to Senior Vice President of Powertrain, whose role in the company has been instrumental in the development and advancement of Lucid’s powertrain technology.

Dlala has been with Lucid in various technical roles since 2015 where he led efforts to develop breakthrough technologies that achieved unmatched range and performance in the Lucid Air and leading technologies in the Lucid Gravity.

Dlala will continue to be responsible for powertrain development and powertrain engineering, including drive units, power electronics, and batteries as well as Lucid’s efficiency and charging strategy. He previously served as Vice President of Powertrain.