Wall Street’s main indices finished mixed on Tuesday, with the Nasdaq as the sole loser, as investors largely brushed off President Donald Trump’s tariff threats in hopes that countries would eventually reach a negotiated settlement.
Additionally, investors cheered signals from the Federal Reserve that a rate interest cut was not imminent, saying it would wait as necessary before implementing any rate adjustments.
The Dow Jones eked out a 0.28 percent gain, while the S&P 500 inched up 0.03 percent. The tech-heavy Nasdaq dropped 0.36 percent.
Ten companies on Tuesday led the charge amid a flurry of positive news sparking buying appetite. This article detailed the reasons behind their performance.
To come up with Tuesday’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 reports printed on a sheet of paper. Photo by RDNE Stock Project on Pexels
10. Flagstar Financial Inc. (NYSE:FLG)
Flagstar Financial grew its share prices by 5.13 percent on Tuesday to end at $12.92 apiece as investors cheered the company’s optimistic outlook and efforts to turn the business to profitability.
According to FLG, among its strategies to support growth were cutting operating expenses by $600 million and expanding deposits within its consumer and private banking segments.
It would also bolster its workforce by hiring an additional 100 as part of its broader strategy to enhance commercial and industrial banking operations.
FLG CEO Joseph Otting posted optimism about the bank’s financial health, saying that the loan portfolio remained robust and that the bank was set to execute several loan sales in the year’s first quarter.
While still operating at a loss, FLG was able to narrow its net losses for the fourth quarter of 2024 by 94 percent to $160 million from the $2.704 billion registered in the same period a year earlier.
However, net loss in full-year 2024 soared by 1,279 percent to $1.09 billion from only $79 million in 2023.
9. Hesai Group (NASDAQ:HSAI)
Hesai Group rose for a second consecutive day, ending Tuesday’s trading up by 5.32 percent to finish at $18 apiece as investor sentiment was fueled by news that it bagged a new deal to deliver lidar technology to 10 models of Chinese EV-maker BYD.
To be called the next generation “God’s Eye” ADAS or advanced driver assistance system, BYD’s new models are expected to enter mass production this year.
BYD has become one of the fastest-growing EV makers globally, hitting record-high vehicle sales last year.
According to the company, it would include ADAS in almost all of its future models without bumping the costs and integrate DeepSeek artificial intelligence into its cars.
Meanwhile, BYD was just one of the various partnerships that HSAI entered into this year. Just recently, the latter partnered with AI software platform Outsight and autonomous driving solutions Embotech AG, to deliver cutting-edge lidar technology and perception software for Embotech’s AVM technology deployed in BMW facilities and known internally at BMW as Automated Driving In-Plant (AFW).
Also last month, HSAI secured design wins for multiple Chery models, which are expected to enter mass production in the second half of 2025. HSAI said the new models will be equipped with the newest generation of Hesai’s ultra-compact high-performance ATX lidar.
8. Century Aluminum Co. (NASDAQ:CENX)
Century Aluminum rose for a second day on Tuesday, adding 5.63 percent to finish at $21.76 apiece as funds flocked into the company’s shares following President Donald Trump’s slapping of 25 percent tariffs on all steel and aluminum imports.
CENX lauded the new taxes, saying it supports Trump’s decisive action to strengthen tariffs and fight back against unfair trade practices that have allegedly disadvantaged the US primary aluminum industry for years.
“We strongly support today’s Executive Order…President Trump’s decisive action will protect national security and help level the playing field for America’s aluminum workers,” CENX CEO Jesse Gary said in a statement.
He added that the move will help drive the resurgence of domestic aluminum production.
CENX is one the largest domestic producers of primary aluminum in the US.
7. Intel Corp. (NASDAQ:INTC)
Intel saw its share prices grow 6.07 percent on Tuesday to end at $20.97 apiece as investors gobbled up shares in the company following a bullish outlook from US Vice President JD Vance on the semiconductor manufacturing industry.
At an Artificial Intelligence summit held in Paris, France, Vance highlighted the importance of domestic semiconductor manufacturing to enhance US competitiveness and technological leadership.
He emphasized that the US will safeguard American AI and chipmakers from “theft and misuse” by its “adversaries.”
Vance’s comments fueled optimism for INTC, a US-based semiconductor manufacturer, whose strategic focus is now on advancing AI hardware capabilities.
“We will…work with our allies and partners to strengthen and extend these protections and close pathways to adversaries attaining AI capabilities that threaten all of our people,” Vance said in his speech at the summit. “Some authoritarian regimes have stolen and used AI to strengthen their military intelligence and surveillance capabilities, capture foreign data, and create propaganda to undermine other nations’ national security.”
6. Globalfoundries Inc. (NASDAQ:GFS)
Shares of Globalfoundries rose by 6.25 percent on Tuesday to close at $40.10 apiece as investor sentiment was fueled by optimistic outlook guidance for the first quarter of the year, with the company targeting to book profits in the said period and reverse a net loss in the last quarter of 2024.
In its latest earnings release, GFS said it expects to record between $74 million and $142 million in net income for the first quarter this year, as well as revenues of $1.55 billion to $1.6 billion.
Last quarter, GFS swung to a net loss of $729 million from a $278 million net income in the same period a year earlier as revenues dipped 1 percent to $1.83 billion from $1.854 billion year-on-year primarily due to a slowdown in the company’s mobile chip business.
In the full year of 2024, GFS saw a net loss of $262 million, reversing a net income of $1.02 billion in 2023, as revenues fell 9 percent to $6.75 billion from $7.392 billion in 2023.
5. DuPont de Nemours Inc. (NYSE:DD)
Shares of DuPont increased by 6.85 percent on Tuesday, a second consecutive day, to end at $81.48 apiece as investor sentiment was buoyed by an optimistic business outlook for 2025.
In a statement on Tuesday, DD reported mixed results for its fourth quarter and full-year 2024 performance. In the past quarter, attributable net income rose 50 percent to $12 million from the $8 million registered in the same period last year, as net sales increased by 6.7 percent to $3.09 billion from $2.898 billion in the same quarter.
Meanwhile, attributable net income for the full year decreased 10 percent to $35 million from $39 million, despite net sales increasing by 2.6 percent to $12.386 billion from $12.068 billion year-on-year.
“I am pleased with our solid fourth-quarter results which capped off a strong year of financial performance and we look to carry this momentum into 2025,” said DD CFO Antonella Franzen.
DD also projected net sales for the first quarter of the year to settle at $3.025 billion, as well as operating EBITDA of about $760 million and adjusted EPS of approximately $0.95 per share.
4. ZIM Integrated Shipping Services Ltd. (NYSE:ZIM)
Shares of ZIM Integrated rose for a second day on Tuesday, adding 7.33 percent to its valuation to close at $20.79 apiece as investors seemed to be staying on the sidelines for further news about the ongoing trade tensions globally.
In other news, ZIM recently joined the “Move to -15” coalition, a cross-industry initiative that aims to reduce greenhouse gas emissions in the cold chain sector. By raising the standard temperature of frozen cargo from -18 to -15, the initiative is expected to prevent an estimated 17.7 million metric tons of carbon emissions manually.
“As part of ZIM’s ESG (environmental, social, and governance) commitment, we are advancing sustainable, cutting-edge solutions to lower environmental impact in global shipping,” said ZIM COO David Arbel. “We are proud to join a coalition that will make cold chain logistics eco-friendlier and more cost-effective.”
3. Lattice Semiconductor Corp. (NASDAQ:LSCC)
Shares of Lattice rose for a second consecutive day, adding 7.66 percent to finish at $58.64 apiece as investors reacted positively to news of the US government’s support to bolster local semiconductor manufacturing.
LSCC traded higher in line with its peers after US Vice President JD Vance highlighted the importance of semiconductor manufacturing, particularly domestic production, to enhance US competitiveness and technological leadership.
In his speech at an AI summit in Paris, France, Vance underscored that the US will safeguard American AI and chipmakers from “theft and misuse” by its “adversaries.”
Vance’s comments fueled optimism for semiconductors as a whole, including LSCC, which specializes in the design and manufacturing of low-power field-programmable gate arrays.
“We will…work with our allies and partners to strengthen and extend these protections and close pathways to adversaries attaining AI capabilities that threaten all of our people,” Vance said in his speech. “Some authoritarian regimes have stolen and used AI to strengthen their military intelligence and surveillance capabilities, capture foreign data, and create propaganda to undermine other nations’ national security.”
2. Travere Therapeutics Inc. (NASDAQ:TVTX)
Shares of Travere surged by 12.56 percent on Tuesday to close at $23.75 apiece as investors gobbled up shares following plans to submit a supplemental new drug application (NDA) seeking traditional approval of Filspari, a new drug aimed at treating focal segmental glomerulosclerosis (FSGS), a rare kidney disorder. The submission plan followed the successful completion of TVTX’s Type C meeting with the US Food and Drug Administration.
“Treatment options for FSGS are desperately needed as there are currently no approved medicines indicated for this devastating, progressive, and complex rare kidney disorder that affects more than 40,000 adults and children in the US,” said TVTX President and CEO Eric Dube.
TVTX said it plans to submit the NDA around the end of the first quarter of the year. If approved, Filspari could become the first and only medicine to treat FSGS.
1. GDS Holdings Ltd. (NASDAQ:GDS)
Shares of GDS Holdings surged 17.23 percent on Tuesday to close at $34.29 apiece as investors snapped up its shares following a news report that it was mulling over listing its international subsidiary DayOne on the US stock exchange.
According to a report by Bloomberg citing unnamed sources privy to the matter, GDS could potentially list DayOne in a bid to raise $500 million on the stock market.
The company was said to be targeting the initial public offering as early as this year, and that it is already in discussions with underwriters for the issuance.
GDS was able to raise $1.2 billion for DayOne in December last year from investors including SoftBank Vision Fund and Citadel Chief Executive Officer Ken Griffin.
GDS is a Chinese data center company with operations in China and Southeast Asia. Meanwhile, DayOne holds GDS’ data center and operations outside of mainland China.
DayOne’s portfolio currently includes approximately 480MW of data center capacity in service and under construction, as well as an additional 590MW held for future development across sites in Hong Kong, Singapore, Malaysia, Indonesia, and Japan.
While we acknowledge the potential of GDS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as GDS but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap.
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