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Stocks surge as AI data center plans, IPO debut, and strong earnings drive big gains today

Market News
24 Jul 2026
Tony Dante
View Source
Bullish
pluang ai news

Stocks of several companies jumped significantly today due to key corporate developments. STAK Inc. led with a 596% rise after announcing a U.S. subsidiary to develop power systems for AI data centers, highlighting investor interest in AI infrastructure. Scribe Therapeutics made a strong IPO debut, rising over 46%, signaling confidence in its genetic medicine technology. RingCentral gained 25% following better-than-expected earnings driven by subscription growth and AI tool adoption. These moves reflect strong market enthusiasm for AI and strategic corporate actions.

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