Hot List: IPO Buzz & Budget Picks Heating Up Fast

The S&P 500 edged slightly higher on Monday as investors reacted cautiously to a newly announced U.S.-EU trade agreement, with limited enthusiasm marking the start of what’s expected to be a highly consequential week for markets.

As of 11:20 AM ET, the Dow was down -1.96 points, or -0.0044%, at $44899.97. The Nasdaq Composite added 76.04 points, or 0.33%, at $23348.28. The S&P 500 rose 5 points, or 0.08%, at $6393.64. Among the 11 major S&P 500 sectors, 7 showed negative movement, with Financials leading the way with a -1.01% decrease.

Wall Street is bracing for a packed lineup: earnings from several major tech giants, a key Federal Reserve policy decision, Friday’s tariff deadline from President Trump, and fresh inflation data. With over 150 S&P 500 companies set to report, this marks the busiest stretch of earnings season so far.

The Federal Reserve’s two-day policy meeting wraps up Wednesday. While no change in interest rates is expected, markets will be closely watching for any signals indicating a potential rate cut in September.

Although Monday’s economic calendar is relatively light, the remainder of the week holds several pivotal developments that could influence market direction.

Top Movers: Under $10 

VisionWave Holdings Inc (VWAV) is up 152.76 today to trade at the current level of $5.94. This comes after the company announced a new funding deal with a major investor, securing up to $50 million through an equity agreement and $5 million in convertible notes.

Avalon GloboCare Corp (ALBT) zoomed 69.17% in today’s trade to $3.84 after announcing that its subsidiary, Q&A Distribution, has signed a wholesale deal with Saga Health to supply the KetoAir™ breathalyzer for a health program aimed at first responders.

In current trading, Graphjet Technology (GTI) stock is at $0.13 following after receiving a decision letter from the Nasdaq Hearings Panel on July 25, 2025 granting the Company’s request to continue its listing on The Nasdaq Stock Market.

Entera Bio Ltd (ENTX) rose 22.58% in the early hours of today's trading to move at $2.38. The company announced that the FDA agreed its EB613 approval can be based on one 24-month Phase 3 study in postmenopausal women.

In the current trading session, Hyperion DeFi Inc (HYPD) jumped 22.12% to $9.4 over a previous close of $7.7 after announcing that it has acquired an additional 108,594 HYPE tokens, expanding its total holdings to 1,535,772 HYPE purchased at an average price of $36.14 per token.

Ex-Dividend Stocks

ASML Holding NV (ASML) 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 $1.58 per share. It has fixed July 29 as the record date for the same and will pay the actual dividend on August 06. Last year, the company distributed a total of $6.95 to its shareholders. Based on last year's worth of payments, ASML has a trailing yield of 0.95% on the current stock price of $731.53.

Another stock that is shelling out dividends tomorrow is Prospect Capital Corp (PSEC), having a market capitalization of $1.55B. It will pay a dividend of $0.04 per share, the payment date of which is September 18. Currently, the stock is trading at a trailing dividend yield of 17.47%.

Shares of Fastenal Co (FAST) 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 $0.22 per share, and in the last 12 months, it paid a total of $0.82 per share. Last year's total dividend payments show that FAST has a trailing yield of 1.74% on the current share price of $47.49.

Entegris Inc (ENTG) is also set to go ex-dividend Wednesday. The next dividend payment from ENTG will amount to $0.1 per share. July 30 has been designated as the record date for this dividend, with the actual payout scheduled for August 20. In the previous year, ENTG distributed a total of $0.40 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for ENTG stands at 0.44% based on the current stock price of $91.85.

MetroCity Bankshares Inc (MCBS) will be paying out a dividend of $0.25 per share to shareholders holding their shares as of the close of the business hours on the record date of July 30. Over the past 12 months, MCBS has paid out a total of $0.89 per share in dividends. Based on the total dividends paid out last year, MCBS boasts an impressive trailing yield of 3.03% on the current share price of $29.39.

Crypto Market Highlights

• A European Central Bank adviser said that central bank digital currencies alone won’t be enough to challenge the dominance of US dollar-pegged stablecoins.

• Michael Saylor’s MicroStrategy did not purchase any Bitcoin last week, despite the asset experiencing volatility after reaching new all-time highs in mid-July.

• Grove, a credit protocol backed by Steakhouse Financial, aims to bring $250 million in real-world assets to the Avalanche blockchain, expanding its tokenization efforts.

• Japanese investment firm Metaplanet bought an additional 780 Bitcoin, strengthening its position as the only non-US company among the top 10 corporate Bitcoin holders.

• Five US Senate Democrats questioned the head of the housing finance agency over a plan to factor in crypto assets during mortgage approval processes.

Most Shorted Stocks

60 Degrees Pharmaceuticals Inc (SXTP) was one of the most shorted stocks as of the latest short interest figures, with 4.08% short interest. This represents a change of 18400 shares, which corresponds to a +49.07% increase in short interest. The total value of the shares held short is estimated to be around $73788.0. The average daily volume stands at 618.02K shares, and the market capitalization of the company is $4.26M.

The 22nd Century Group Inc with the symbol XXII currently has a short interest of 2.51%. The short interest has changed by 81600 shares. The days to cover ratio stands at 1.4. The estimated value of the shares held short is approximately $0.32 million. On an average day, 566.05K shares are traded, with the company's market capitalization totaling $1.73M.

For the stock Locafy Limited (LCFY), the current short interest is at 59.73%. This represents a significant short interest change of 656200 shares, corresponding to a short interest percentage increase of +82,025.00%. The days needed to cover the short positions amount to 0.4. The approximate worth of the shares held short is $4.36 million.

With the symbol SONN, the stock currently has a short interest of 1.32%. The short interest change is -19600 shares, compared with a short interest percentage change of -32.24%. It would take approximately 0.0 days to cover all the short positions. The shares' short value is estimated to be around $2.78 million. The company boasts an average daily volume of 3.80M shares, contributing to a market capitalization of $26.49M.

The stock WBUY has a current short interest of 0.84%. The short interest percentage has experienced a decrease of -88.01% while there was a change of -1531300 shares in short interest. The ratio indicating the time required to cover short positions is 0.0. The calculated worth of the shorted shares amounts to around $0.27 million. Trading activity averages at 2.00M shares per day, while the company's market capitalization stands at $8.08M.

Upcoming IPOs

Ambiq Micro, Inc. (AMBQ) is all set for its debut on the NYSE exchange on July 30. They are offering shares in the price range of $22.00 to $25.00. With a total of 3,400,000 shares available, the company aims to raise approximately $79.90M through this IPO.

Figma, Inc. (FIG) will be entering the market with its IPO on July 31, on the NYSE exchange. They are offering shares in the price range of $25.00 to $28.00. They plan to offer 12,472,657 shares, targeting a deal size of $330.53M.

Shoulder Innovations, Inc. (SI) is also scheduled to make its debut on the NYSE exchange on July 31. They are offering shares in the price range of $19.00 to $21.00. The IPO includes 5,000,000 shares, aiming for a deal size of $100.00M.

Firefly Aerospace Inc. (FLY) is set to join the NASDAQ on August 07. They are offering shares in the price range of $35.00 to $39.00. They are offering 16,200,000 shares, with an estimated deal size of $599.40M.

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

Best Regards,

Stocks Telegraph Team

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