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We recently published a list of These 10 Firms Soared Last Week, Here’s Why. In this article, we are going to take a look at where Aurora Innovation, Inc. (NASDAQ:AUR) stands against other firms that soared last week.
The past trading week saw a more calm, generally optimistic, market environment amid the temporary pause in tit-for-tat tariffs, buoyed further by a flurry of corporate earnings for the first quarter of the year.
On a week-on-week basis, the tech-heavy Nasdaq rallied the most, up 3.4 percent, followed by the Dow Jones with 3 percent, and the S&P 500 by 2.9 percent.
Beyond the major indices, 10 firms stood out, booking double-digit gains as high as 48 percent, thanks to better-than-expected earnings and outlook.
In this article, we name this week’s 10 best-performing mid-cap companies and detail the reasons behind their gains.
To come up with the list, we considered only the stocks with a $2-billion market capitalization and $5-million trading volume. The stocks were chosen based on the highest percentage increase in closing prices on May 2 as against their prices a week earlier, or on April 25.
A closeup of a self-driving hardware unit inside the dashboard of a passenger vehicle.
Aurora Innovation Inc. (NASDAQ:AUR)
Aurora Innovation soared by 18.3 percent week-on-week to close Friday at $8.14 versus the $6.88 recorded on April 25, as investors cheered the successful launch of its driverless trucks in Texas.
According to the company, it began regular driverless customer deliveries between Dallas and Houston this week, completing more than 1,200 miles without a driver.
This milestone made Aurora Innovation, Inc. (NASDAQ:AUR) the first company to operate a commercial self-driving service with heavy-duty trucks on public roads.
“Riding in the back seat for our inaugural trip was an honor of a lifetime – the Aurora Driver performed perfectly and it’s a moment I’ll never forget,” said Aurora Innovation, Inc. (NASDAQ:AUR) CEO Chris Urmson.
“Our commitment to building a transformative technology, earning trust, and assembling a strong ecosystem of customers and partners has made this pivotal milestone possible,” he added.
The company also plans to expand its driverless service to El Paso, Texas, and Phoenix, Arizona by the end of the year.
Overall, AUR ranks 7th on our list of firms that soared last week. While we acknowledge the potential of AUR as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than AUR but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.