POET Technologies, Cerebras Systems, Applied Materials, Nu Holdings And Figma: Why These 5 Stocks Are On Investors’ Radars Today

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U.S. stocks climbed to fresh highs on Thursday, with both the S&P 500 and Nasdaq closing at record levels. The Dow Jones Industrial Average rose 0.75% to 50,063.46, while the S&P 500 gained 0.77% to 7,501.24 and the Nasdaq advanced 0.88% to 26,635.22.

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

POET Technologies Inc. (NASDAQ:POET)

POET Technologies saw a significant rise of 43.15%, closing at $20.57. The stock reached an intraday high of $20.81 and a low of $17.39, with a new 52-week high of $20.81. In the after-hours trading, the shares shot up 11.28% to $22.89.

The surge followed the announcement of a new AI partnership with Silicon Valley-based technology startup Lumilens, which placed an initial $50 million order for POET’s Electrical-Optical Interposer-based engines. This collaboration could potentially generate over $500 million in purchases over five years.

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