EV Climbers: $10 Gemstones Lighting Up Midday

U.S. stocks edged higher Tuesday as investors kept a close eye on ongoing trade talks between American and Chinese officials in London. The discussions entered their second day, with U.S. Commerce Secretary Howard Lutnick saying negotiations were “going well” and likely to continue throughout the day.

Markets are hopeful the talks will produce a deal that avoids further escalation of tariffs. Last month, both countries agreed to temporarily slash their duties — a move widely seen as a key step toward easing trade tensions after President Trump’s sweeping tariff proposals.

Still, some investors remain cautious. Concerns linger that existing tariffs could push inflation higher in the near term, potentially weighing on future equity gains.

As of 11:51 AM ET, the Dow was up 11.51 points, or 0.0269%, at $42773.28. The Nasdaq Composite added 38.75 points, or 0.18%, at $21836.62. The S&P 500 rose 12.08 points, or 0.2%, at $6017.96. Among the 11 major S&P 500 sectors, 7 showed negative movement, with Utilities leading the way with a -1.94% decrease. 

Top Movers: Under $10 

Evogene Ltd (EVGN) is up 80.53% today to trade at the current level of $2.04. This comes after the company announced completion of the first-in-class foundation model for generative molecule design, developed in collaboration with Google Cloud.

Klotho Neurosciences Inc (KLTO) zoomed 56.04% in today’s trade to $2.84 after announcing the findings of pre-clinical studies indicating the potential of elevating Klotho gene expression to simultaneously reduce the age-associated degeneration in multiple organs, increasing both life and health span.

In current trading, Windtree Therapeutics Inc (WINT) stock is at $0.80 after announcing a significant step in its drive toward overall profitability through its entry into a binding agreement to acquire Titan Environmental Services, Inc. (OTC: TESI), a waste management business with operations in Michigan.

Gelteq Ltd (GELS) rose 58.23% in the early hours of today's trading to move at $2.69. The company announced a major expansion of its U.S. commercial strategy through an exclusive logistics and distribution agreement with Healthy Extracts Inc.

In the current trading session, TNL Mediagene (TNMG) jumped 33.86% to $0.70 over a previous close of $0.52 after announcing that the International Mandarin Edition of Roomie has exceeded one million monthly pageviews within its first year of launch.

Ex-Dividends Stocks

NVIDIA Corp (NVDA) 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 $0.01 per share. It has fixed June 11 as the record date for the same and will pay the actual dividend on July 03. Last year, the company distributed a total of $0.04 to its shareholders. Based on last year's worth of payments, NVDA has a trailing yield of 0.03% on the current stock price of $141.83.

Another stock that is shelling out dividends tomorrow is Regency Centers Corporation (REG), having a market capitalization of $13.32B. It will pay a dividend of $0.7 per share, the payment date of which is July 02. Currently, the stock is trading at a trailing dividend yield of 3.77%.

Shares of BayCom Corp (BCML) will be the talk of the stock market on Thursday as the stock will turn ex-dividend. The company's next dividend payment will be $0.2 per share, and in the last 12 months, it paid a total of $0.50 per share. Last year's total dividend payments show that BCML has a trailing yield of 1.84% on the current share price of $27.23.

NAPCO Security Technologies Inc (NSSC) is also set to go ex-dividend Friday. The next dividend payment from NSSC will amount to $0.14 per share. June 12 has been designated as the record date for this dividend, with the actual payout scheduled for July 03. In the previous year, NSSC distributed a total of $0.47 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for NSSC stands at 1.65% based on the current stock price of $28.80.

Automatic Data Processing Inc (ADP) will be paying out a dividend of $1.54 per share to shareholders holding their shares as of the close of the business hours on the record date of June 13. Over the past 12 months, ADP has paid out a total of $5.88 per share in dividends. Based on the total dividends paid out last year, ADP boasts an impressive trailing yield of 1.86% on the current share price of $315.88.

Crypto Market Highlights

• Guggenheim Partners teams up with Ripple to expand its digital commercial paper offering, highlighting the growing intersection of traditional finance and crypto. 

• 1inch updates its DEX aggregator algorithm, promising up to 6.5% better swap rates for users.

• American Bitcoin, a mining firm linked to Eric and Donald Trump Jr., has quietly accumulated a 215 BTC reserve since its April 1 launch.

• Bank of Japan’s June policy meeting is anticipated to be a key catalyst for global risk assets, including stocks and cryptocurrencies.

• Ripple commits an additional $5 million to support academic blockchain research and talent development in the Asia-Pacific region.

 Most Shorted Stocks

Recursion Pharmaceuticals Inc (RXRX) was one of the most shorted stocks as of the latest short interest figures, with 33.53% 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 4.9. This represents a change of 11100000 shares, which corresponds to a +11.92% increase in short interest. The total value of the shares held short is estimated to be around $583.63 million. The average daily volume stands at 21.88M shares, and the market capitalization of the company is $2.28B.

The INmune Bio Inc with the symbol INMB currently has a short interest of 40.86%. The short interest has changed by 40000 shares. The days to cover ratio stands at 22.5. The estimated value of the shares held short is approximately $46.96 million. On an average day, 294.75K shares are traded, with the company's market capitalization totaling $185.68M.

For the stock Syndax Pharmaceuticals Inc (SNDX), the current short interest is at 26.55%. This represents a significant short interest change of 70000 shares, corresponding to a short interest percentage increase of +0.32%. The days needed to cover the short positions amount to 9.4. The approximate worth of the shares held short is $247.72 million.

With the symbol PLUG, the stock currently has a short interest of 29.60%. The short interest change is 12470000 shares, compared with a short interest percentage change of +4.94%. It would take approximately 2.8 days to cover all the short positions. The shares' short value is estimated to be around $28.9 million. The company boasts an average daily volume of 107.94M shares, contributing to a market capitalization of $1.43B.

The stock CRSP has a current short interest of 25.61%. The short interest percentage has experienced a decrease of -1.17% while there was a change of -250000 shares in short interest. The ratio indicating the time required to cover short positions is 10.5. The calculated worth of the shorted shares amounts to around $11.56 billion. Trading activity averages at 2.12M shares per day, while the company's market capitalization stands at $3.77B.

EV Stocks to Watch

According to our ST Score evaluation, ST Microelectronics (STM) emerges as a high-quality stock in the EV industry, attaining an impressive score of 55. The stock's profitability, performance, and Piotroski Score are strong. However, its growth is weak. Additionally, it is neutral in terms of financial strength, stock sentiment, and forecast.

Our ST Score also classifies Aptiv PLC (APTV) as a high-quality EV stock today, presenting a Score of 54. 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, Enersys (ENS) has the ST Score of 53, which means that the stock carries the potential for higher returns. The stock is strong in profitability, and Piotroski Score but weak in growth. Performance, financial strength, stock sentiment, and forecast suggest a neutral outlook.

Magna International Inc (MGA) stock has the ST Score of 52 which implies that the EV 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, and financial strength. However, it shows neutral outlook in performance, stock sentiment, and forecast.

General Motors Company (GM) currently has the ST Score of 51, which signifies a huge upward potential. The EV stock's strong points are its profitability, performance, and Piotroski Score, while its weak points are its 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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