U.S. stock markets experienced a significant surge on Wednesday, following a mixed close the previous day. The futures of major benchmark indices climbed as President Donald Trump declared a two-week ceasefire on Iran strikes.

The Dow Jones Industrial Average surged 2.85% to 47,909.92, while the S&P 500 climbed 2.5% to 6,782.81 and the Nasdaq advanced 2.8% to 22,634.99.

These are the top stocks that gained the attention of retail traders and investors through the day.

Ford Motor Company ( F )

Ford’s stock rose by 5.73%, closing at $12.18. The stock reached an intraday high of $12.24 and a low of $11.96, with a 52-week range between $14.80 and $8.44. 

Ford’s CEO Jim Farley recently acknowledged the challenges of the electric vehicle transition, citing a $4.8 billion annual loss. The company has canceled several battery-electric models due to insufficient demand.

Applied Digital Corporation ( APLD )

Applied Digital’s stock surged 10.37%, closing at $27.79. The stock’s intraday high was $29.39, with a low of $27.35, and its 52-week range is $42.25 to $3.31. The company’s stock fell 5.08% to $26.38 in after-hours trading.

The company has been involved in a proposed setup where tankers email Iranian authorities with cargo details, paying tolls in Bitcoin (CRYPTO: BTC). Iran’s Supreme National Security Council determines the rules for passage, raising questions about the risks for Western vessels.

U Power Limited ( UCAR )

U Power’s stock skyrocketed 331.63%, closing at $2.38. The stock hit an intraday high of $2.39 and a low of $0.86, with a 52-week range between $49.80 and $0.38. The stock shot up 26.89% to $3.02 in extended trading.

The company announced a private placement deal, selling 2.9 million Class A ordinary shares at $1.10 per share. This transaction is seen as a funding boost for the China-based vehicle sourcing and battery-swapping company.

Block Inc. ( XYZ )

Block’s stock increased by 4.77%, closing at $62.83. The stock’s intraday high was $65.40, with a low of $62.38, and its 52-week range is $82.50 to $44.27.

The Bitcoin-focused company’s stock benefited from a broader market sentiment shift as traders unwound positions related to Strait of Hormuz disruptions. The Jack Dorsey-led firm’s ecosystem includes Square’s seller tools and Cash App’s consumer finance platform.

Alphabet Inc. ( GOOG )

Alphabet’s Class C stock climbed 3.56%, closing at $314.74. The stock reached an intraday high of $319.39 and a low of $312.71, with a 52-week range between $350.15 and $145.82.

The company has been shedding its “black hole” label with $150 billion in hidden assets from SpaceX and Anthropic, highlighting unrealized value on its balance sheet.

Benzinga Edge Stock Rankings indicate Applied Digital ( APLD ) stock has a Momentum in the 97th percentile.

This story was generated using Benzinga Neuro and edited by Shivdeep Dhaliwal