Dear Readers,

Tuesday witnessed a decline in stocks following a varied array of retail earnings. Anticipated in the market's spotlight are the imminent release of minutes from the Federal Reserve's recent meeting and Nvidia's earnings report.

This week, the central bank's release schedule deviates, occurring a day earlier due to the Thanksgiving holiday. Analysts are eager for insights from the minutes, expecting to gain clarity on the Federal Open Market Committee's considerations regarding maintaining the benchmark rate during the Oct. 31-Nov. 1 meeting.

Meanwhile, the earnings season remains in full swing, with particular attention on Nvidia's figures. The artificial intelligence sector takes center stage, especially against the backdrop of attention-grabbing headlines related to Sam Altman's departure from OpenAI and subsequent recruitment by Microsoft.

At 12:00 PM ET, the Dow was down -75.4492 points, or -0.2146%, at $35075.59. The Nasdaq Composite lost -120.0566 points, or -0.7491%, at $15907.007. The S&P 500 declined -12.5298 points, or -0.2755%, at $4534.85. Among the 11 major S&P 500 sectors, 7 showed negative movement, with Information Technology leading the way with a -0.74% decrease.

Top Movers: Under $10

Anghami Inc (ANGH) is up 48.73% today to trade at the current level of $2.35 following the execution of a deal with OSN+ aimed at revolutionizing the entertainment landscape in the MENA region.

Safe and Green Development Corp (SGD) zoomed 50.88% in today’s trade to $4.27 on news of a non-binding LOI with MWH, a real estate tech firm. The deal involves SG Devco investing in MWH for access to MWH's software platform, Xene.

In current trading, Safety Shot Inc (SHOT) stock is at $5.54 after announcing the west coast launch of Safety Shot, the first patented beverage on Earth that helps people feel better faster by reducing blood alcohol content and boosting clarity.

TRACON Pharmaceuticals Inc (TCON) rose 21.15% in the early hours of today's trading to move at $0.21 following investor response to a licensing agreement for its product development platform (PDP).

In the current trading session, Can-Fite Biopharma Ltd ADR (CANF) jumped 16.57% to $2.34 over a previous close of $2.01 announcing a Phase II Liver Cancer Study participant treated with namodenoson achieved a complete response with an overall survival of 6.9 years (82.8 months).

Ex-Dividends Stocks

Applied Materials Inc. (AMAT) 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. The company has fixed November 24 as the record date for the same and will pay the actual dividend on December 14. Last year, the company distributed a total of $1.24 to its shareholders. Based on the last year's worth of payments, AMAT has a trailing yield of 0.84% on the current stock price of $148.67.

Another stock that is shelling out dividends tomorrow is Hecla Mining Co. (HL), having a market capitalization of $2.96B. It will pay a dividend of $0.01 per share, the payment date of which is December 07. Currently, the stock is trading at a trailing dividend yield of 0.63%.

Shares of NextEra Energy Inc (NEE) will be the talk of stock market on Wednesday as the stock will turn ex-dividend. The company's next dividend payment will be $0.47 per share, and in the last 12 months, the company paid a total of $1.86 per share. Last year's total dividend payments show that NEE has a trailing yield of 3.22% on the current share price of $57.63.

Petroleo Brasileiro S.A. Petrobras ADR (PBR) is also set to go ex-dividend tomorrow. The next dividend payment from PBR will amount to $0.17 per share. November 24 has been designated as the record date for this dividend, with the actual payout scheduled for February 27. In the previous year, PBR distributed a total of $2.37 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for PBR stands at 14.93% based on the current stock price of $15.89.

Cabot Corp. (CBT) will be paying out a dividend of $0.4 per share to shareholders holding their shares as of the close of the business hours on the record date of November 24. Over the past 12 months, CBT has paid out a total of $1.68 per share in dividends. Based on the total dividends paid out last year, CBT boasts an impressive trailing yield of 2.16% on the current share price of $77.94.

Crypto Market Highlights

Most Shorted Stocks

Fisker Inc (FSR) was one of the most shorted stocks as of latest short interest figures, with 25.10% 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 12.3. This represents a change of 2460000 shares, which corresponds to a +2.94% increase in short interest. The total value of the shares held short is estimated to be around $202.41 million. The average daily volume stands at 9.32M shares, and the market capitalization of the company is $806.61M.

The Sunpower Corp with the symbol SPWR currently has a short interest of 36.93%. The short interest has changed by -1200000 shares. The days to cover ratio stands at 6.5. The estimated value of the shares held short is approximately $142.78 million. On an average day, 4.91M shares are traded, with the company's market capitalization totaling $784.85M.

For the stock Groupon Inc (GRPN), the current short interest is at 31.79%. This represents a significant short interest change of -330000 shares, corresponding to a short interest percentage decrease of -6.03%. The days needed to cover the short positions amount to 3.5. The approximate worth of the shares held short is $49.96 million.

The stock BIG has a current short interest of 30.45%. The short interest percentage has experienced increase of +5.34% while there was a change of 420000 shares in short interest. The ratio indicating the time required to cover short positions is 4.9. The calculated worth of the shorted shares amounts to around $20.92 million. Trading activity averages at 1.70M shares per day, while the company's market capitalization stands at $118.80M.

EV Stocks to Watch

According to our ST Score evaluation, Aptiv PLC (APTV) emerges as a high-quality stock in the EV industry, attaining an impressive score of 52.0. The stock's profitability, and stock sentiment are strong. However, its performance are weak. Additionally, it is neutral in terms of value, growth, financial strength, Piotroski Score, and forecast.

Our ST Score also classifies Freeport-McMoRan Inc (FCX) as a high-quality EV stock today, presenting a Score of 53.0. The stock has strong fundamentals in terms of financial strength, and Piotroski Score. However, it has weak growth. The value, profitability, performance, stock sentiment, and forecast are neutral.

Another stock in the category, Lithium Americas Corp (NewCo) (LAC) has the ST Score of 53.0, which means that the stock carries the potential for higher returns. The stock is strong in profitability, financial strength, and stock sentiment but weak in growth, and Piotroski Score. Value, performance, and forecast suggest a neutral outlook.

Baidu Inc ADR (BIDU) stock has the ST Score of 53.0 which implies that the EV company has a high probability of beating the market. The stock's strengths lie in its profitability, stock sentiment, and Piotroski Score, but its weaknesses are in its growth, and financial strength. However, it shows neutral outlook in value, performance, and forecast.

Aehr Test Systems (AEHR) currently has the ST Score of 52.0, which signifies a huge upward potential. The EV stock's strong points are its profitability, growth, and financial strength, while its weak points are its value, performance, and forecast. The stock's stock sentiment, and Piotroski Score indicate a neutral outlook.