Wall Street's trading screens lit up with some notable movers this week, as a mix of tech giants, AI innovators, and niche players delivered eye-catching performances. Here’s a closer look at the stocks making headlines.
AMD (Advanced Micro Devices, Inc.)
Price: $235.56 | Change: +$24.05 (+11.37%) | Market Cap: $382.3B
AMD (NASDAQ: AMD) surged more than 11% in heavy trading, with volume topping 153 million shares, well above its three-month average. The rally pushed the chipmaker to the top of its 52-week range ($76.48–$235.87), marking a 43% gain year-to-date.
Investors continue to pile into semiconductor names tied to the artificial intelligence boom, and AMD’s latest momentum reflects optimism around its competitive positioning against Nvidia in the AI accelerator market. With a lofty P/E ratio of 141, the stock isn’t cheap, but traders appear willing to pay a premium for growth.
Costco Wholesale Corporation
Price: $914.80 | Change: 0.00% | Market Cap: $405.5B
Costco (NASDAQ: COST) held steady, closing flat despite modest trading volume of 2.24 million shares, in line with its three-month average. Shares remain near the middle of their 52-week range ($867.34–$1,078.23) and are up just 2.4% over the past year.
The wholesale retailer continues to deliver consistent earnings, supported by strong membership renewals and resilient consumer demand. With a P/E ratio of 50, Costco trades at a premium to peers, reflecting its reputation as a defensive play in uncertain markets.
Cipher Mining Inc.
Price: $17.60 | Change: +$1.85 (+11.75%) | Market Cap: $6.9B
Cipher Mining (NASDAQ: CIFR) extended its meteoric run, jumping nearly 12% on volume of 64.5 million shares. The stock has skyrocketed 380% over the past year, moving from a low of $1.86 to a recent high of $18.09.
The rally underscores investor enthusiasm for crypto-linked equities, particularly as Bitcoin prices remain volatile but elevated. With no current P/E ratio, Cipher remains a speculative bet, but momentum traders have clearly embraced it.
Tempus AI, Inc.
Price: $103.25 | Change: +$10.24 (+11.01%) | Market Cap: $17.9B
Tempus AI (NASDAQ: TEM) gained more than 11%, closing just shy of its 52-week high ($103.42). Shares have surged 125% over the past year, fueled by excitement around the company’s AI-driven healthcare platform.
With a P/E ratio of 48, Tempus is priced for growth, and investors appear confident in its ability to expand its footprint in precision medicine and data-driven diagnostics.
Recursion Pharmaceuticals, Inc.
Price: $6.09 | Change: +$0.86 (+16.44%) | Market Cap: $2.7B
Recursion Pharmaceuticals (NASDAQ: RXRX) popped more than 16%, with trading volume more than triple its three-month average. Despite the rally, shares remain down 1.5% over the past year, reflecting the challenges of scaling biotech ventures.
The company, which leverages AI for drug discovery, has attracted attention from institutional investors and strategic partners. While still speculative, the latest surge suggests renewed optimism in its pipeline.
The Bottom Line
From mega-cap tech names like AMD and Costco to emerging players in AI and crypto like Tempus, Recursion, and Cipher Mining, this week's action highlights the diverse drivers of market momentum. Investors are clearly rewarding companies tied to artificial intelligence and digital infrastructure, while steady performers like Costco continue to provide ballast in a volatile market.