US stocks with +30% returns in one week:
By Vlad from Bastion on
Chip equipment, riding the AI capex cycle: 🔧 Ichor Holdings +38% $ICHR 🧼 Ultra Clean Holdings +33% $UCTT 🔬 Veeco Instruments +33% $VECO 💻 KLA +32% $KLAC
The market is repricing the AI buildout as a multi-year cycle, and the suppliers behind the chips are leading it. Ultra Clean, for example, makes the ultra-pure subsystems and contamination control that chip factories run on. The company is expected to double its revenue in 3 years.
Cancer biotech: 🧬 Tango Therapeutics +53% $TNGX 🎯 Nuvalent +36% $NUVL 💊 Enliven Therapeutics +33% $ELVN
A wave of oncology news landed all at once. Tango's experimental combo shrank tumors in 11 of 12 pancreatic cancer patients (a 92% response rate in one of the deadliest cancers), and GSK agreed to buy Nuvalent at a 40% premium for its lung cancer drugs.
Takeover target: 💳 Payoneer +34% $PAYO Payoneer, which helps freelancers and online sellers in emerging markets get paid across borders, jumped on a report that Canada's Nuvei is in advanced talks to buy it.
Bitcoin miner turning into an AI data center: ₿ Galaxy Digital +33% $GLXY Galaxy is converting a Texas bitcoin mine into a 1.6 GW AI data center leased to CoreWeave for roughly $1B a year, a direct swap of crypto power for AI infrastructure.
Consumer turnaround: 🛒 Newell Brands +32% $NWL
Newell, the maker of Sharpie, Rubbermaid and Yankee Candle, beat on Q1 and raised full-year guidance.