These ten large-cap stocks were top performers last week. Are they a part of your portfolio?
- Warner Bros. Discovery, Inc. (NASDAQ:WBD) gained 55.12% this week. The stock’s momentum follows reports that Paramount Skydance Corporation (NASDAQ:PSKY), led by David Ellison and backed by RedBird Capital, is preparing an all-cash bid to acquire the company.
- Nebius Group N.V. (NASDAQ:NBIS) gained 40.4% this week after the firm said it priced a $1 billion offering of Class A ordinary shares at $92.50 per share, with closing expected Sept. 15. Underwriters have a 30-day option to purchase up to an additional $150 million of stock.
- IonQ, Inc. (NYSE:IONQ) gained 32.34% this week after the company secured regulatory clearance from the UK Investment Security Unit for its acquisition of Oxford Ionics.
- CoreWeave, Inc. (NASDAQ:CRWV) gained 26.15% this week after the firm reportedly said that it will announce additional UK investments next week.
- Sandisk Corporation (NASDAQ:SNDK) gained 25.46% this week after Morgan Stanley maintained an Overweight rating on the stock and raised its price forecast from $70 to $96.
- Oracle Corporation (NYSE:ORCL) gained 22.31% this week after the company reported Q1 financial results. Also, multiple analysts raised their price forecast on the stock.
- Paramount Skydance Corporation (NASDAQ:PSKY) gained 24.35% this week after a report suggesting that the company is preparing an Ellison-backed bid for Warner Bros. Discovery.
- Teck Resources (NYSE:TECK) gained 18.50% this week after the company announced a merger of equals with Anglo American.
- Astera Labs, Inc. (NASDAQ:ALAB) gained 18.27% this week. Shares of semiconductor companies gained momentum, possibly in response to Oracle’s Q1 financial results and guidance.
- Micron Technology, Inc. (NASDAQ:MU) gained 20.37% this week after Citigroup maintained a Buy rating and raised its price forecast from $150 to $175.
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