C3.ai is Friday's top mover after gaining 33.65%

Leading equity indices in the US rose as S&P 500 closed the day at 4,045.64, having gained 1.61%. Nasdaq gained 1.97% and closed at 11,700.

Assets that recorded the greatest percentage change in relation to their peers are designated as "Top Movers" with 's most active technology stocks listed below.

C3.ai | Closed +33.65% at $28.48

C3.ai, Inc. has posted further gains as part of a 3 day trend that has already seen the stock gain 58 cents. Friday's session pointed in the same direction — having closed Thursday at $21.31, bullish sentiment helped C3.ai to reach highs around $28.94 before paring gains and ending Friday at $28.48.

C3.ai released its quarterly earnings report Thursday, beating analysts estimates. The company reported earnings of -0.57 per share on revenue of $66.67 million, topping estimates of -0.69 per share on revenue of $64.24 million. Since the release of its earnings report, C3.ai gained 37.39%.

Tuya gains 10.9%; sets session high of $1.76

After closing at $1.56 on Thursday, Tuya maintained a strong bullish bias that helped the stock close higher at $1.73 Friday. However, market bears ensured the the AI and IoT platform topped out at $1.76 and that by the end of the session, the market had marked out a distinct $1.58 to $1.76 range. The company's market cap currently stands at $1.10 billion with an average daily trading volume of 724,500 shares. So far this year, it has been doing worse than the Nasdaq by 26.58%.

Zscaler | Currently down 11.1% at $119.24

The Californian cloud security company trades at $119.24 after dropping by 11.1% ($14.89), its largest single-day drop since December 2022. Having set a significant low of $103.96 a month ago, the US cloud security business is trading 29% higher. So far this year, it has been under-performing the Nasdaq by 4.12%. The US cloud security business's market cap currently stands at $17.20 billion with an average daily volume of 2.67 million shares.

Zscaler was down, even though its quarterly earnings released on Thursday beat the analysts’ estimates. The reported earnings of -0.35 per share on revenue of $387.60 million, topping estimates of -0.43 per share on revenue of $344 million.