🤑 Cheap Now, Not for Long – 5 Stocks Blowing Up on Big News

U.S. stocks advanced on Wednesday as investors awaited the Federal Reserve’s September meeting minutes for policy clues amid a data drought caused by the ongoing government shutdown.

The Dow rose 0.2%, the S&P 500 gained 0.4%, and the Nasdaq climbed 0.6%. Gold continued its record-breaking rally above $4,000 per ounce, as investors turned to the metal as a hedge against dollar weakness.

Market sentiment showed signs of caution, with concerns emerging over AI-related valuations and corporate cloud profits, particularly after a sell-off in Oracle.

The federal shutdown, now in its seventh day, has halted key economic data releases, adding uncertainty to Fed rate-cut expectations for the rest of the year.

Top Movers: Under $10 

Evaxion A/S ADR (EVAX) is up 24.65% today to trade at the current level of $7.13. The company is launching a significant improvement of its already leading AI platform, AI-Immunology™, with a new automated vaccine design module.

TRX Gold Corp (TRX) zoomed 21.15% in today’s trade to $0.75 after announcing preliminary Q4 2025 results.

In current trading, Nexalin Technology Inc (NXL) stock is at $1.55 after announcing new clinical data in Radiology showing that its 15 mA Gen-2 Nexalin DIFS™ technology improves cognitive function and brain connectivity in patients with mild Alzheimer’s disease.

Safety Shot Inc (SHOT) rose 15.70% in the early hours of today's trading to move at $0.43 after announcing that its subsidiary, BONK Holdings LLC, has increased its holdings to over 2.7% of the total circulating supply of BONK.

In the current trading session, ECD Automotive Design Inc (ECDA) jumped 12.02% to $4.07 over a previous close of $3.63 after announcing its entry into the Porsche 911 restoration and customization market through its Boutique Division.

Ex-Dividend Stocks

Elbit Systems Ltd (ESLT) is about to trade ex-dividend Tuesday, meaning that investors who buy the stock after Tuesday will not be eligible for the next dividend payment. The company's next dividend payment will be $0.75 per share. It has fixed October 14 as the record date for the same and will pay the actual dividend on October 27. Last year, the company distributed a total of $2.20 to its shareholders. Based on last year's worth of payments, ESLT has a trailing yield of 0.42% on the current stock price of $517.83.

Another stock that is shelling out dividends Tuesday is U.S. Global Investors, Inc (GROW), having a market capitalization of $35.12M. It will pay a dividend of $0.01 per share, the payment date of which is December 29. Currently, the stock is trading at a trailing dividend yield of 3.54%.

Shares of NewtekOne Inc (NEWT) will be the talk of the stock market on Tuesday as the stock will turn ex-dividend. The company's next dividend payment will be $0.19 per share, and in the last 12 months, it paid a total of $0.76 per share. Last year's total dividend payments show that NEWT has a trailing yield of 6.76% on the current share price of $11.24.

Bank OZK (OZK) is also set to go ex-dividend Tuesday. The next dividend payment from OZK will amount to $0.45 per share. October 14 has been designated as the record date for this dividend, with the actual payout scheduled for October 21. In the previous year, OZK distributed a total of $1.70 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for OZK stands at 3.27% based on the current stock price of $52.06.

Camden National Corp (CAC) will be paying out a dividend of $0.42 per share to shareholders holding their shares as of the close of business hours on the record date of October 15. Over the past 12 months, CAC has paid out a total of $1.68 per share in dividends. Based on the total dividends paid out last year, CAC boasts an impressive trailing yield of 4.35% on the current share price of $38.6.

Crypto Market Highlights

• Coinbase has received regulatory approval to allow staking for New York residents, expanding its crypto services in the state.

• Kazakhstan has intensified its crackdown on illegal crypto activities, shutting down dozens of crypto platforms in 2025.

• Bit Digital has acquired 31,057 ETH (worth ~$140M), bringing its total to over 150,000 ETH, making it the 6th-largest public holder of Ether.

• Fireblocks Trust Company has partnered with Galaxy, Bakkt, FalconX, and Castle Island to enhance institutional crypto custody services.

• CleanCore Solutions added over 710 million Dogecoin to its balance sheet, moving closer to its goal of 1 billion DOGE holdings.

Most Shorted Stocks

TeraWulf Inc (WULF) was one of the most shorted stocks as of the latest short interest figures, with 41.74% 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 2.0. This represents a change of 110000 shares, which corresponds to a +0.11% increase in short interest. The total value of the shares held short is estimated to be around $1.26 billion. The average daily volume stands at 48.89M shares, and the market capitalization of the company is $4.93B.

The Beam Therapeutics Inc with the symbol BEAM currently has a short interest of 25.21%. The short interest has changed by 20000 shares. The days to cover ratio stands at 9.7. The estimated value of the shares held short is approximately $673.97 million. On an average day, 2.59M shares are traded, with the company's market capitalization totaling $2.67B.

For the stock Enovix Corporation (ENVX), the current short interest is at 32.44%. This represents a significant short interest change of 7490000 shares, corresponding to a short interest percentage increase of +15.97%. The days needed to cover the short positions amount to 6.2. The approximate worth of the shares held short is $703.39 million.

With the symbol ABR, the stock currently has a short interest of 24.96%. The short interest change is -1100000 shares, compared with a short interest percentage change of -2.24%. It would take approximately 19.2 days to cover all the short positions. The shares short value is estimated to be around $657.7 million. The company boasts an average daily volume of 2.39M shares, contributing to a market capitalization of $2.32B.

The stock ARRY has a current short interest of 24.84%. The short interest percentage has experienced an increase of +11.23% while there was a change of 3830000 shares in short interest. The ratio indicating the time required to cover short positions is 4.3. The calculated worth of the shorted shares amounts to around $417.03 million. Trading activity averages at 7.46M shares per day, while the company's market capitalization stands at $1.33B.

AI Stocks to Watch

According to our ST Score evaluation, UiPath Inc (PATH) emerges as a high-quality stock in the AI industry, attaining an impressive score of 56. The stock's performance, financial strength, and Piotroski Score are strong. Additionally, it is neutral in terms of profitability, growth, stock sentiment, and forecast.

Our ST Score also classifies EPAM Systems Inc (EPAM) as a high-quality AI stock today, presenting a Score of 55. The stock has strong fundamentals in terms of profitability, financial strength, and Piotroski Score. However, it has weak performance and growth. The stock sentiment, and forecast are neutral.

Another stock in the category, Alibaba Group Holding Ltd ADR (BABA) has the ST Score of 60, which means that the stock carries the potential for higher returns. The stock is strong in profitability, performance, financial strength, and Piotroski Score. Growth, stock sentiment, and forecasts suggest a neutral outlook.

Micron Technology Inc (MU) stock has the ST Score of 55, which implies that the AI company has a high probability of beating the market. The stock's strengths lie in its profitability, performance, and Piotroski Score, but its weaknesses are in its financial strength. However, it shows neutral outlook in growth, stock sentiment, and forecast.

Palo Alto Networks Inc (PANW) currently has the ST Score of 55, 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 growth. The stock's financial strength, 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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