Pagaya Technologies Ltd. (NASDAQ:PGY) surged by 35.24% this week, reaching $31.12 on Friday from $23.01 on July 11. The company’s preliminary Q2 earnings beat expectations, with projected net income of $17 million, a 70% increase from previous guidance. Revenue is expected to hit $326 million, up 5-12% from previous estimates. Official results are set for release on August 7, 2025. CFO Evangelos Perros stated, “Our second-quarter results reflect continued strong execution across our network, with a focus on consistent and profitable growth.” For more investment options, check out the best short-term AI stock.

Read more at Yahoo Finance: Pagaya Technologies (PGY) Jumps 35% as Preliminary Q2 Exceeds Targets