These 10 Stocks Led Rally on Wednesday

3. BigBear.ai Holdings Inc. (NYSE:BBAI)

BigBear.ai surged by 21.75 on Wednesday to close at $9.74 apiece as promises from the US government to support the country’s Artificial Intelligence companies fueled investor optimism.

At a recent AI summit in Paris, US Vice President JD Vance said that the US government “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.”

“This administration will ensure that American AI technology continues to be the gold standard worldwide…The United States of America is the leader in AI, and our administration plans to keep it that way,” he said.

BBAI was last week’s top performer, having surged 102.6 percent in just a week’s trading, partly due to its new contract with the Department of Defense for its Virtual Anticipation Network prototype that would support the department in utilizing custom AI models to enhance its foreign news media assessment and analysis of countries that are deemed as US potential enemies.