AI Surge Alert: Smart Picks & $10 Stocks on the Rise

Stocks moved higher Wednesday as Wall Street aimed to build on early-week gains that pushed the S&P 500 into positive territory for the year.

As of 11:35 AM ET, the Dow was up 20.45 points, or 0.0485%, at $42,160.88. The Nasdaq Composite added 429.12 points, or 2.06%, at $21,297.27. The S&P 500 rose 10.16 points, or 0.17%, at $5,896.71. Among the 11 major S&P 500 sectors, 8 showed negative movement, with Utilities leading the way with a -2.09% decrease.

Investor sentiment has improved following a temporary easing of U.S.-China trade tensions. Earlier this week, the U.S. lowered tariffs on Chinese goods to 30%, while China cut its own levies on U.S. imports to 10%. The de-escalation marks a sharp reversal from April, when both countries were threatening tariffs exceeding 100%.

While no final deal has been reached, the 90-day tariff pause has renewed hopes of a broader agreement between the world’s two largest economies. President Trump tempered expectations, warning that a comprehensive deal is unlikely in the near term.

Still, the move has helped ease fears of a global recession in 2025, calming markets and encouraging renewed risk appetite. 

Top Movers: Under $10 

Incannex Healthcare Inc (IXHL) is up 554.40% today to trade at the current level of $0.56. This comes after providing an update on its obstructive sleep apnea (OSA) clinical program.

Bluebird bio Inc (BLUE) zoomed 50.15% in today’s trade to $4.97. This rally can be attributed to the announcement of an amendment in its merger deal.

In current trading, Adc Therapeutics SA (ADCT) stock is at $1.70 following release of its Q1 2025 financial results with improved license revenue and royalties.

Bon Natural Life Ltd (BON) rose 49.91% in the early hours of today's trading to move at $0.08. The strong performance of BON stock came as investors were encouraged by the debut of its groundbreaking Broccoli-derived sleep wellness line.

In the current trading session, Franklin Street Properties Corp (FSP) jumped 27.05% to $1.86 over a previous close of $1.46 as the company is reviewing strategic alternative.

Ex-Dividends Stocks

Kroger Co (KR) is about to trade ex-dividend tomorrow, meaning that investors who buy the stock after tomorrow will not be eligible for the next dividend payment. The company's next dividend payment will be $0.32 per share. It has fixed May 15 as the record date for the same and will pay the actual dividend on June 01. Last year, the company distributed a total of $1.25 to its shareholders. Based on the last year's worth of payments, KR has a trailing yield of 1.87% on the current stock price of $66.95.

Another stock that is shelling out dividends tomorrow is Expand Energy Corp (EXE), having a market capitalization of $26.89B. It will pay a dividend of $0.57 per share, the payment date of which is June 04. Currently, the stock is trading at a trailing dividend yield of 2.04%.

Shares of CF Industries Holdings Inc (CF) will be the talk of stock market on Thursday as the stock will turn ex-dividend. The company's next dividend payment will be $0.5 per share, and in the last 12 months, it paid a total of $2.00 per share. Last year's total dividend payments show that CF has a trailing yield of 2.32% on the current share price of $86.05.

Thomson-Reuters Corp (TRI) is also set to go ex-dividend tomorrow. The next dividend payment from TRI will amount to $0.59 per share. May 15 has been designated as the record date for this dividend, with the actual payout scheduled for June 10. In the previous year, TRI distributed a total of $2.21 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for TRI stands at 1.20% based on the current stock price of $184.19.

Diamondback Energy Inc (FANG) will be paying out a dividend of $1 per share to shareholders holding their shares as of the close of the business hours on the record date of May 15. Over the past 12 months, FANG has paid out a total of $5.14 per share in dividends. Based on the total dividends paid out last year, FANG boasts an impressive trailing yield of 3.54% on the current share price of $145.13.

Crypto Market Highlights

• Michael Saylor says Strategy could become a $10 trillion company and the top publicly traded equity due to its Bitcoin holdings.

• 80% of investors expect Solana and Litecoin ETF approval in 2025 despite SEC delays.

• FalconX partners with Standard Chartered to offer broader banking support and currency access for crypto clients.

• Bitcoin still needs to mature before decoupling from stocks but offers strong portfolio diversification.

• South Korea may legalize spot Bitcoin ETFs as top presidential candidates show pro-crypto support.

Most Shorted Stocks

Nurix Therapeutics Inc (NRIX) was one of the most shorted stocks as of latest short interest figures, with 19.44% short interest. The days to cover ratio, a measure of how long it would take for all the short positions to be covered based on average trading volume, is 14.0. This represents a change of -700,000 shares, which corresponds to a -4.86% decrease in short interest. The total value of the shares held short is estimated to be around $131.01 million. The average daily volume stands at 994.45K shares, and the market capitalization of the company is $729.57M.

The Sigma Lithium Corporation with the symbol SGML currently has a short interest of 18.32%. The short interest has changed by 300,000 shares. The days to cover ratio stands at 16.0. The estimated value of the shares held short is approximately $82.46 million. On an average day, 766.54K shares are traded, with the company's market capitalization totaling $850.68M.

For the stock WK Kellogg Co (KLG), the current short interest is at 19.24%. This represents a significant short interest change of 1,100,000 shares, corresponding to a short interest percentage increase of +10.08%. The days needed to cover the short positions amount to 11.9. The approximate worth of the shares held short is $210.18 million.

With the symbol SYM, the stock currently has a short interest of 40.68%. The short interest change is 50,000 shares, compared with a short interest percentage change of +0.28%. It would take approximately 10.8 days to cover all the short positions. The shares short value is estimated to be around $332.92 million. The company boasts an average daily volume of 1.35M shares, contributing to a market capitalization of $16.34B.

The stock ONB has a current short interest of 12.83%. The short interest percentage has experienced a decrease of -3.60% while there was a change of -1,510,000 shares in short interest. The ratio indicating the time required to cover short positions is 13.7. The calculated worth of the shorted shares amounts to around $396.98 million. Trading activity averages at 2.99M shares per day, while the company's market capitalization stands at $8.34B.

AI Stocks to Watch

According to our ST Score evaluation, Digital Realty Trust Inc (DLR) emerges as a high-quality stock in the AI industry, attaining an impressive score of 50. The stock's performance, and Piotroski Score are strong. However, its profitability, and financial strength are weak. Additionally, it is neutral in terms of growth, stock sentiment, and forecast.

Our ST Score also classifies Vertiv Holdings Co (VRT) as a high-quality AI stock today, presenting a Score of 50. The stock has strong fundamentals in terms of profitability, performance, and Piotroski Score. However, it has weak financial strength. The growth, stock sentiment, and forecast are neutral.

Another stock in the category, Guardforce AI Co Ltd (GFAI) has the ST Score of 53, which means that the stock carries the potential for higher returns. The stock is strong in financial strength but weak in profitability, growth, stock sentiment, and forecast. Performance, and piotroski score suggest a neutral outlook.

NICE Ltd ADR (NICE) stock has the ST Score of 54 which implies that the AI company has a high probability of beating the market. The stock's strengths lie in its profitability, and Piotroski Score, but its weaknesses are in its growth. However, it shows a neutral outlook in performance, financial strength, stock sentiment, and forecast.

Okta Inc (OKTA) currently has the ST Score of 54, which signifies a huge upward potential. The AI stock's strong points are its profitability, performance, and Piotroski Score, while its weak points are its financial strength, stock sentiment, and forecast. The stock's growth indicates a neutral outlook.

That's it for today. Thanks for reading. Good luck out there!

Best Regards,

Stocks Telegraph Team

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