From Yahoo Finance: 2025-04-08 06:20:00

AI stocks dominated Monday’s top 10 performers, with Transocean Ltd. (RIG) making the list. Despite global trade tensions, the Dow Jones fell 0.91%, the S&P 500 dropped 0.23%, while the Nasdaq inched up 0.10%. RIG rebounded from a 52-week low due to bargain-hunting, but Zacks Research revised its Q1 earnings forecast downward to $0.01 EPS.

Zacks Research also projected RIG’s EPS at $0.01 in Q1 2026, $0.05 in Q2, and $0.21 for the full year 2027. As a leading offshore drilling services provider, RIG benefits from US energy supply enhancement plans. Despite ranking 10th on the AI stock list, AI stocks are seen as offering greater return potential in a shorter timeframe than RIG.

Read more: Why Transocean Ltd. (RIG) Went Up On Monday?