AI Watch: High-Velocity Stocks & $10 Opportunities Heating Up

Stocks rallied Wednesday, fueled by hopes that U.S.-China trade tensions might soon ease, as President Trump clarified that he does not intend to remove Federal Reserve Chairman Jerome Powell from his post.

As of 11:46 AM ET, the Dow was up 693.74 points, or 1.7703%, at $39,880.72. The Nasdaq Composite added 522.24 points, or 2.86%, at $18,798.65. The S&P 500 rose 114.46 points, or 2.16%, at $5,402.22. Among the 11 major S&P 500 sectors, 8 showed positive movement, with Real Estate leading the way with a 0.85% increase.

Treasury Secretary Scott Bessent added that both the U.S. and China have the opportunity to make a “big deal” on trade. “If they want to rebalance, let’s do it together,” Bessent stated.

Stocks with significant exposure to China, which have faced declines in recent weeks, saw a boost. This included major “Magnificent Seven” names like Apple and Nvidia, which climbed 3% and 4%, respectively.

Top Movers: Under $10 

American Rebel Holdings Inc (AREB) is up 55.88% today to trade at the current level of $3.44. This comes as the company continues rapid expansion of its National distribution footprint.

Ensysce Biosciences Inc (ENSC) zoomed 90.91% in today’s trade to $3.57. This rally can be attributed to news that the company has received U.S. patent for groundbreaking treatment of opioid use disorder.

In current trading, AgriFORCE Growing Systems ltd (AGRI) stock is at $1.96 following news that AGRI has provided an update on its bitcoin mining operations.

Pony AI Inc. ADR (PONY) rose 31.73% in the early hours of today's trading to move at $5.48. The strong performance of PONY stock came as investors were encouraged by unveiling of its Seventh-Generation robotaxi lineup, targeting mass production from mid-2025.

In the current trading session, Novavax, Inc (NVAX) jumped 21.92% to $7.62 over a previous close of $6.25 as its COVID-19 shot is on track for full FDA approval.

Ex-Dividends Stocks

Swk Holdings Corp (SWKH) 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 $4 per share. It has fixed April 24 as the record date for the same and will pay the actual dividend on May 08 and has the current stock price of $19.24.

Another stock that is shelling out dividends tomorrow is Levi Strauss & Co (LEVI), having a market capitalization of $6.30B. It will pay a dividend of $0.13 per share, the payment date of which is May 09. Currently, the stock is trading at a trailing dividend yield of 3.20%.

Shares of Royal Bank Of Canada (RY) will be the talk of stock market on Thursday as the stock will turn ex-dividend. The company's next dividend payment will be $1.03 per share, and in the last 12 months, it paid a total of $4.09 per share. Last year's total dividend payments show that RY has a trailing yield of 3.43% on the current share price of $119.15.

Compania Cervecerias Unidas S.A. ADR (CCU) is also set to go ex-dividend tomorrow. The next dividend payment from CCU will amount to $0.13 per share. April 24 has been designated as the record date for this dividend, with the actual payout scheduled for Invalid date format. In the previous year, CCU distributed a total of $0.42 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for CCU stands at 2.72% based on the current stock price of $15.49.

AZZ Inc (AZZ) will be paying out a dividend of $0.17 per share to shareholders holding their shares as of the close of the business hours on the record date of April 24. Over the past 12 months, AZZ has paid out a total of $0.51 per share in dividends. Based on the total dividends paid out last year, AZZ boasts an impressive trailing yield of 0.61% on the current share price of $83.37.

Crypto Market Highlights

• PayPal will provide a 3.7% annual yield on its PayPal USD (PYUSD) stablecoin, with monthly rewards paid in PYUSD to encourage usage.

• Ubisoft teams up with Web3 firm Immutable to release Might & Magic: Fates, a strategy card game integrating NFT trading and blockchain mechanics.

• Blockchain protocol Symbiotic secures $29 million in Series A funding to develop a collaborative staking layer aimed at enhancing network security and coordination.

• MicroStrategy’s Michael Saylor and Blue Macellari applaud the appointment of Paul Atkins as SEC Chair, viewing it as a positive shift for crypto regulation.

• Coinbase announces plans to hire over 130 staff in Charlotte, North Carolina, leveraging the city's growing reputation as a fintech and compliance hub.

   Most Shorted Stocks

Sonoma Pharmaceuticals Inc (SNOA) was one of the most shorted stocks as of latest short interest figures, with 3.94% 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 0.8. This represents a change of -163,300 shares, which corresponds to a -72.29% decrease in short interest. The total value of the shares held short is estimated to be around $0.23 million. The average daily volume stands at 1.67M shares, and the market capitalization of the company is $5.93M.

The Plus Therapeutics Inc with the symbol PSTV currently has a short interest of 7.54%. The short interest has changed by 320,400 shares. The days to cover ratio stands at 0.1. The estimated value of the shares held short is approximately $1.32 million. On an average day, 16.40M shares are traded, with the company's market capitalization totaling $18.03M.

With the symbol RZLT, the stock currently has a short interest of 4.57%.

The stock HCSG has a current short interest of 4.33%. The short interest percentage has experienced an increase of +12.50% while there was a change of 350,000 shares in short interest. The ratio indicating the time required to cover short positions is 6.5. The calculated worth of the shorted shares amounts to around $26.15 million. Trading activity averages at 504.44K shares per day, while the company's market capitalization stands at $843.61M.

AI Stocks to Watch

According to our ST Score evaluation, Vertiv Holdings Co (VRT) emerges as a high-quality stock in the AI industry, attaining an impressive score of 51. The stock's profitability, and Piotroski Score are strong. However, its performance, and financial strength are weak. Additionally, it is neutral in terms of growth, stock sentiment, and forecast.

Our ST Score also classifies Iron Mountain Inc (IRM) as a high-quality AI stock today, presenting a Score of 41. The stock has strong fundamentals in terms of Piotroski Score. However, it has weak profitability, performance, and growth. The financial strength, stock sentiment, and forecast are neutral.

Another stock in the category, International Business Machines Corp (IBM) has the ST Score of 50, which means that the stock carries the potential for higher returns. The stock is strong in profitability, performance, and Piotroski Score but weak in growth, and financial strength. Stock sentiment, and forecast suggest a neutral outlook.

SoundHound AI Inc (SOUN) stock has the ST Score of 41 which implies that the AI company has a high probability of beating the market. The stock's strengths lie in its financial strength, but its weaknesses are in its profitability, performance, and Piotroski Score. However, it shows a neutral outlook in growth, stock sentiment, and forecast.

Adobe Inc (ADBE) currently has the ST Score of 42, which signifies a huge upward potential. The AI stock's strong points are its profitability, and Piotroski Score, while its weak points are its performance, growth, and financial strength. The stock's stock sentiment, and forecast indicate a neutral outlook.

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

Best Regards,

Stocks Telegraph Team

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