Sandisk, Bloom Energy, And Oklo Are Among the Top 10 Large-Cap Gainers Last Week (Jan. 5-Jan. 9): Are the Others in Your Portfolio? - AeroVironment (NASDAQ:AVAV), Bloom Energy (NYSE:BE), Figure Techno
Benzinga·2026-01-11 13:01

Group 1: Market Performance - A powerful mix of defense spending, AI infrastructure deals, and takeover speculation led to significant gains in several large-cap stocks last week [1] - Regencell Bioscience Holdings Limited (NASDAQ:RGC) gained 89.45% this week [1] - Revolution Medicines, Inc. (NASDAQ:RVMD) increased 51.38% this week amid reports of a potential acquisition by Merck valued between $28 billion and $32 billion [2] Group 2: Defense Sector Gains - Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) rose 36.12% after B. Riley Securities raised its price forecast from $105 to $128, influenced by President Trump's proposal to increase the 2027 US military budget from $1 trillion to $1.5 trillion [3] - AeroVironment, Inc. (NASDAQ:AVAV) jumped 35.86% following a partnership announcement with Parry Labs for Modular Mission Systems for the U.S. Army's P550 UAS [3] - Karman Holdings Inc. (NYSE:KRMN) soared 33.91% after signing an agreement to acquire Seemann Composites for $220 million, with broader defense stocks also rising due to the proposed defense budget increase [4] Group 3: Technology and Energy Sector Gains - Sandisk Corporation (NASDAQ:SNDK) increased 33.15% after plans to double prices for 3D NAND used in enterprise solid-state drives in Q1 2026 were reported, with Mizuho analyst raising the price forecast from $250 to $410 [5] - Bloom Energy Corporation (NYSE:BE) gained 30.55% after announcing a new $600 million credit agreement with Wells Fargo [6] - Oklo Inc. (NYSE:OKLO) jumped 29.04% following an agreement with Meta for a 1.2 gigawatt power campus to support Meta's data centers [6] Group 4: Earnings and Price Target Increases - Applied Digital Corporation (NASDAQ:APLD) increased 29.48% after reporting second-quarter adjusted earnings and revenue above estimates [7] - Figure Technology Solutions, Inc. (NASDAQ:FIGR) soared 29.33% after Keefe, Bruyette & Woods raised its price target from $52 to $62 [7]

Sandisk, Bloom Energy, And Oklo Are Among the Top 10 Large-Cap Gainers Last Week (Jan. 5-Jan. 9): Are the Others in Your Portfolio? - AeroVironment (NASDAQ:AVAV), Bloom Energy (NYSE:BE), Figure Techno - Reportify