U.S. stocks were higher, with the Dow Jones index surging around 400 points on Thursday.
Shares of Darden Restaurants, Inc. (NYSE:DRI) rose sharply during Thursday's session following first-quarter results.
Darden reported quarterly earnings of $1.75 per share which missed the analyst consensus estimate of $1.83 per share. The company reported quarterly sales of $2.76 billion which missed the analyst consensus estimate of $2.80 billion.
Darden Restaurants shares surged 7.4% to $170.92 on Thursday.
Here are some other big stocks recording gains in today's session.
- Rezolve AI Limited (NASDAQ:RZLV) shares jumped 88.8% to $8.97. The company issued a PR applauding the recent announcement by Microsoft and BlackRock to invest $30 billion into AI infrastructure.
- Edgewise Therapeutics, Inc. (NASDAQ:EWTX) gained 37.7% to $26.26 after the company announced top-line data of EDG-7500 from the Phase 1 trial in healthy subjects and the single-dose arm of the Phase 2 CIRRUS-HCMtrial in patients with obstructive HCM.
- Mobileye Global Inc. (NASDAQ:MBLY) shares surged 13.4% to $13.17 after Intel reportedly said it does not have plans to divest a majority interest in the company.
- Bel Fuse Inc. (NASDAQ:BELFB) shares rose 10.3% to $76.65. Bel announced an agreement to acquire Enercon Technologies.
- TeraWulf Inc. (NASDAQ:WULF) gained 10.3% to $4.48.
- XCHG Limited (NASDAQ:XCH) gained 10.2% to $20.25.
- Bit Digital, Inc. (NASDAQ:BTBT) shares jumped 9.4% to $3.14. Shares of crypto-linked stocks traded higher after the Fed's Wednesday decision to cut rates by 50 basis points.
- MINISO Group Holding Limited (NASDAQ:MNSO) shares jumped 8.6% to $16.44.
- Symbotic Inc. (NASDAQ:SYM) gained 7% to $26.73.
- MicroStrategy Incorporated (NASDAQ:MSTR) climbed 7% to $141.91. Shares of crypto-linked stocks traded higher after the Fed's Wednesday decision to cut rates by 50 basis points.
- XPeng Inc. (NYSE:XPEV) shares rose 6.6% to $9.21. The company disclosed that XPENG Motors will showcase its latest technologies and solutions at the Paris Motor Show 2024 in October.
- James Hardie Industries plc (NYSE:JHX) gained 5.8% to $38.30.
- Opthea Limited (NASDAQ:OPT) gained 5.4% to $3.70.
- Tesla, Inc. (NASDAQ:TSLA) rose 4.3% to $236.88.
- NVIDIA Corporation (NASDAQ:NVDA) gained 4% to $117.97.
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