U.S. stocks were mixed, with the Dow Jones index falling over 150 points on Wednesday.

Shares of Snap Inc (NYSE:SNAP) rose sharply during Wednesday's session.

Snap said it will cut about 1,000 jobs, or roughly 16% of its workforce, as part of a broader restructuring aimed at reducing costs and improving profitability amid slowing growth and rising competitive pressure.

Snap said it will hold its quarterly conference call to discuss first quarter financial results on Wednesday, May 6.

Snap shares jumped 6.2% to $5.96 on Wednesday.

Here are some other big stocks recording gains in today’s session.

  • Nicola Mining Inc. (NASDAQ:NICM) gained 43.7% to $10.00.
  • Aimei Health Technology Co., Ltd (NASDAQ:AFJK) jumped 23.2% to $63.80.
  • Eos Energy Enterprises Inc (NASDAQ:EOSE) gained 17% to $7.40. Eos Energy Enterprises and TURBINE‑X Energy announced a joint development agreement to develop, deploy private power infrastructure for AI to deliver dispatchable energy for hyperscale data centers.
  • Nuscale Power Corp (NYSE:SMR) gained 13.1% to $11.60.
  • ASP Isotopes Inc (NASDAQ:ASPI) gained 12.7% to $5.64.
  • D-Wave Quantum Inc (NYSE:QBTS) jumped 12.4% to $19.08 following a massive sector-wide rally triggered by NVIDIA Corp. (NASDAQ:NVDA).
  • Sealsq Corp (NASDAQ:LAES) gained 11.8% to $2.90.
  • Oklo Inc (NYSE:OKLO) rose 11.3% to $65.22.
  • Merlin Inc (NASDAQ:MRLN) gained 10.2% to $11.98.
  • Lanzatech Global Inc (NASDAQ:LNZA) jumped 10% to $41.70.
  • Horizon Quantum Holdings Ltd (NASDAQ:HQ) gained 10% to $11.39. Horizon Quantum Computing Pte. Ltd and AQT announced a strategic collaboration to advance the development of real-world quantum computing applications via increased hardware-software integration.
  • Fastly Inc (NASDAQ:FSLY) gained 9.4% to $22.93.
  • Webull Corp (NASDAQ:BULL) rose 9.3% to $6.36.
  • SoundHound AI Inc (NASDAQ:SOUN) gained 8.1% to $7.54.
  • Robinhood Markets Inc (NASDAQ:HOOD) surged 7.1% to $84.69 following reports suggesting that the SEC has approved a plan to remove day trading limits on small investors.

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