EV Rockets: Midday Climbers & $10 Bargain Blasts

The S&P 500 climbed on Tuesday, pushing back into positive territory for 2025 as investors built on Monday’s rally sparked by easing U.S.-China trade tensions. The index is now up 0.1% for the year, recovering from a steep drop of more than 17% earlier amid trade-related market pressure.

Markets found support this week after the U.S. and China agreed to a 90-day pause on tariffs, fueling a surge that sent the Dow up over 1,000 points on Monday.

Tuesday’s advance was further supported by lighter-than-expected inflation data. The Consumer Price Index rose 2.3% annually in April, slightly below the 2.4% forecast, offering some relief to investors concerned about rising price pressures.

As of 11:18 AM ET, the Dow was down -165.47 points, or -0.3902%, at $42,244.63. The Nasdaq Composite added 1,114.95 points, or 5.56%, at $21,176.4. The S&P 500 rose 44.94 points, or 0.77%, at $5,889.13. Among the 11 major S&P 500 sectors, 8 showed positive movement, with Energy leading the way with a 2.54% increase.  

Top Movers: Under $10 

Mogo Inc (MOGO) is up 123.75% today to trade at the current level of $2.23. This comes after its portfolio company WonderFi enters definitive agreement to be acquired by Robinhood Markets.

VirTra Inc (VTSI) zoomed 38.12% in today’s trade to $6.45. This rally can be attributed to news of year-over-year rise of 120% in Q1 bookings.

In current trading, Cns Pharmaceuticals Inc (CNSP) stock is at $1.66 following news of Orphan Drug Designation for novel, late stage Abeotaxane.

TNL Mediagene (TNMG) rose 46.41% in the early hours of today's trading to move at $0.46. The strong performance of TNMG stock came as investors were encouraged by announcement of its near-term investor conference participation calendar.

In the current trading session, Humacyte Inc (HUMA) jumped 26.72% to $1.67 over a previous close of $1.32 as the company announces Q1 2025 financial results.

Ex-Dividends Stocks

Consolidated Edison, Inc (ED) 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 $0.85 per share. It has fixed May 14 as the record date for the same and will pay the actual dividend on June 16. Last year, the company distributed a total of $3.34 to its shareholders. Based on the last year's worth of payments, ED has a trailing yield of 3.29% on the current stock price of $101.65.

Another stock that is shelling out dividends tomorrow is Target Corp (TGT), having a market capitalization of $45.30B. It will pay a dividend of $1.12 per share, the payment date of which is June 01. Currently, the stock is trading at a trailing dividend yield of 4.47%.

Shares of Cheesecake Factory Inc (CAKE) will be the talk of stock market on Wednesday as the stock will turn ex-dividend. The company's next dividend payment will be $0.27 per share, and in the last 12 months, it paid a total of $1.08 per share. Last year's total dividend payments show that CAKE has a trailing yield of 2.02% on the current share price of $53.37.

WisdomTree Inc (WT) is also set to go ex-dividend tomorrow. The next dividend payment from WT will amount to $0.03 per share. May 14 has been designated as the record date for this dividend, with the actual payout scheduled for May 28. In the previous year, WT distributed a total of $0.12 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for WT stands at 1.25% based on the current stock price of $9.60.

Aramark (ARMK) will be paying out a dividend of $0.1 per share to shareholders holding their shares as of the close of the business hours on the record date of May 14. Over the past 12 months, ARMK has paid out a total of $0.40 per share in dividends. Based on the total dividends paid out last year, ARMK boasts an impressive trailing yield of 1.02% on the current share price of $39.34.

Crypto Market Highlights

• Coinbase recorded its highest daily Bitcoin outflows of 2025 on May 9, signaling rising institutional and corporate investment in BTC. 

• At Token2049 Dubai, Bitlayer’s CEO emphasized that venture capital drives Bitcoin ecosystem growth by supporting protocol and service development. 

• Robinhood is acquiring Canadian crypto firm WonderFi for $179 million in cash, marking a major move in the global crypto M&A landscape. 

• South Korea’s Democratic Party launched a new Digital Asset Committee to shape crypto policy and promote industry development, following similar past efforts. 

• Brave Browser has added support for the Cardano blockchain in its native and standalone wallets, offering users direct access to Cardano assets and governance. 

Most Shorted Stocks

Intuitive Machines Inc (LUNR) was one of the most shorted stocks as of latest short interest figures, with 16.98% 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 1.5. This represents a change of -250,000 shares, which corresponds to a -1.39% decrease in short interest. The total value of the shares held short is estimated to be around $210.4 million. The average daily volume stands at 11.45M shares, and the market capitalization of the company is $2.13B.

The Microvast Holdings Inc with the symbol MVST currently has a short interest of 9.50%. The short interest has changed by 1,520,000 shares. The days to cover ratio stands at 2.9. The estimated value of the shares held short is approximately $57.29 million. On an average day, 6.53M shares are traded, with the company's market capitalization totaling $1.01B.

For the stock Archer Aviation Inc (ACHR), the current short interest is at 15.25%. This represents a significant short interest change of -520,000 shares, corresponding to a short interest percentage decrease of -0.82%. The days needed to cover the short positions amount to 2.3. The approximate worth of the shares held short is $700.59 million.

With the symbol FSLR, the stock currently has a short interest of 10.89%. The short interest change is 1,220,000 shares, compared with a short interest percentage change of +12.44%. It would take approximately 3.1 days to cover all the short positions. The shares short value is estimated to be around $11.99 billion. The company boasts an average daily volume of 3.85M shares, contributing to a market capitalization of $20.45B.

The stock ARRY has a current short interest of 14.71%. The short interest percentage has experienced an increase of +5.84% while there was a change of 1,230,000 shares in short interest. The ratio indicating the time required to cover short positions is 4.1. The calculated worth of the shorted shares amounts to around $91.11 million. Trading activity averages at 5.62M shares per day, while the company's market capitalization stands at $1.26B.

EV Stocks to Watch

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

Our ST Score also classifies ST Microelectronics (STM) as a high-quality EV stock today, presenting a Score of 53. The stock has strong fundamentals in terms of profitability, and Piotroski Score. The performance, growth, financial strength, stock sentiment, and forecast are neutral.

Another stock in the category, Teck Resources Ltd (TECK) has the ST Score of 52, which means that the stock carries the potential for higher returns. The stock is strong in profitability, financial strength, and Piotroski Score but weak in performance, and growth. Stock sentiment, and forecast suggest a neutral outlook.

Aehr Test Systems (AEHR) stock has the ST Score of 43 which implies that the EV company has a high probability of beating the market. The stock's strengths lie in its profitability, and financial strength, but its weaknesses are in its performance, stock sentiment, Piotroski Score, and forecast. However, it shows a neutral outlook on growth.

Albemarle Corp (ALB) currently has the ST Score of 42, which signifies a huge upward potential. The EV stock's strong points are its growth, while its weak points are its profitability, performance, stock sentiment, and forecast. The stock's financial strength, and Piotroski Score 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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