Top 5 AI Stocks to Watch & Key Market Highlights

Stock indexes fell on Wednesday after President Trump announced he was considering tariffs of 25% or more on automobiles, semiconductors, and pharmaceutical products. While his earlier threats to impose levies on Mexico and Canada rattled markets, recent sentiment has led traders to view this tariff talk as more of a negotiating tactic.

As of 11:16 AM ET, the Dow was down -146.22 points, or -0.32817%, at $44410.12. The Nasdaq Composite lost -23.359 points, or -0.10539%, at $22141.246. The S&P 500 declined -3.57 points, or -0.05824216%, at $6126.01. Among the 11 major S&P 500 sectors, 7 showed positive movement, with Energy leading the way with a 0.53% increase.

At the same time, investors are weighing the potential for a ceasefire in Ukraine and the prospect of increased European defense spending. European stocks mostly declined as these geopolitical concerns were pitted against the looming threat of new U.S. tariffs.

Meanwhile, all eyes are on the Federal Reserve, which will release the minutes from its January meeting at 2 p.m. ET, where it held interest rates steady.

Top Movers: Under $10

SINTX Technologies Inc (SINT) is up 83.33% today to trade at the current level of $5.17. This comes after the company announced the issuance of U.S. Patent No. 12,239,761 by the United States Patent and Trademark Office (USPTO).

Jet.AI Inc (JTAI) zoomed 54.17% in today’s trade to $6.26. The company issued its shareholders a letter highlighting key milestones, recent operational developments, and its 2025 strategic priorities.

In current trading, Interactive Strength Inc (TRNR) stock is at $1.50 after providing shareholders with a new investor presentation, summarizing its recently-announced binding agreement to acquire Sportstech, Germany's largest connected fitness and equipment business.

ImmunityBio Inc (IBRX) rose 15.82% in the early hours of today's trading to move at $3.88 after announcing that the FDA has authorized an expanded access program (EAP) that will bring a vital alternative source of BCG, a standard-of-care medicine in bladder cancer, to patients in the U.S.

In the current trading session, Solid Biosciences Inc (SLDB) jumped 17.17% to $6.21 over a previous close of $5.30 after announcing the pricing of underwritten offering.

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 $0.4 per share. It has fixed February 20 as the record date for the same and will pay the actual dividend on March 13. Last year, the company distributed a total of $1.52 to its shareholders. Based on the last year's worth of payments, AMAT has a trailing yield of 0.88% on the current stock price of $172.35.

Shares of Microsoft Corporation (MSFT) 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 $0.83 per share, and in the last 12 months, it paid a total of $3.08 per share. Last year's total dividend payments show that MSFT has a trailing yield of 0.75% on the current share price of $408.61.

Tomorrow, TE Connectivity plc (TEL) is also set to go ex-dividend tomorrow. The next dividend payment from TEL will amount to $0.65 per share. February 21 has been designated as the record date for this dividend, with the actual payout scheduled for March 07. In the previous year, TEL distributed a total of $2.54 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for TEL stands at 1.63% based on the current stock price of $156.27.

Thomson-Reuters Corp (TRI) will be paying out a dividend of $0.59 per share to shareholders holding their shares as of the close of the business hours on the record date of February 20. Over the past 12 months, TRI has paid out a total of $2.16 per share in dividends. Based on the total dividends paid out last year, TRI boasts an impressive trailing yield of 1.25% on the current share price of $172.30.

Crypto Market Highlights

• Binance.US has resumed US dollar deposits and withdrawals after nearly 18 months of restrictions, citing regulatory clarity.

• Mantra Finance, a decentralized finance and real-world asset tokenization platform, has obtained a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA), enabling expansion in the UAE and MENA region.

• BitGo has launched a global over-the-counter (OTC) trading desk for digital assets, as it prepares for an initial public offering later this year.

• Coinbase and several of its executives are facing a shareholder lawsuit for allegedly misleading investors about the company's bankruptcy risks and violating securities laws.

• Norwegian authorities have charged four men for defrauding thousands of investors through a crypto investment scheme and laundering the illicit proceeds via a law firm’s accounts.

Most Shorted Stocks

Trupanion Inc (TRUP) was one of the most shorted stocks as of latest short interest figures, with 30.15% 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 16.9. This represents a change of 140000 shares, which corresponds to a +1.57% increase in short interest. The total value of the shares held short is estimated to be around $434.28 million. The average daily volume stands at 509.18K shares, and the market capitalization of the company is $2.03B.

The Solaredge Technologies Inc with the symbol SEDG currently has a short interest of 39.47%. The short interest has changed by 360000 shares. The days to cover ratio stands at 4.5. The estimated value of the shares held short is approximately $469.75 million. On an average day, 4.41M shares are traded, with the company's market capitalization totaling $1.19B.

For the stock Eos Energy Enterprises Inc (EOSE), the current short interest is at 29.27%. This represents a significant short interest change of 4250000 shares, corresponding to a short interest percentage increase of +7.14%. The days needed to cover the short positions amount to 7.3. The approximate worth of the shares held short is $308.11 million.

With the symbol NVAX, the stock currently has a short interest of 21.81%. The short interest change is -3130000 shares, compared with a short interest percentage change of -8.22%. It would take approximately 7.8 days to cover all the short positions. The shares short value is estimated to be around $510.96 million. The company boasts an average daily volume of 3.88M shares, contributing to a market capitalization of $1.28B.

The stock LOVE has a current short interest of 23.91%. The short interest percentage has experienced a decrease of -7.20% while there was a change of -260000 shares in short interest. The ratio indicating the time required to cover short positions is 8.5. The calculated worth of the shorted shares amounts to around $810.26 million. Trading activity averages at 402.70K shares per day, while the company's market capitalization stands at $357.97M.

AI Stocks to Watch

According to our ST Score evaluation, Twilio Inc (TWLO) emerges as a high-quality stock in the AI industry, attaining an impressive score of 57. The stock's profitability, performance, financial strength, and Piotroski Score are strong. However, its growth is weak. Additionally, it is neutral in terms of stock sentiment, and forecast.

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

Another stock in the category, iRhythm Technologies Inc (IRTC) has the ST Score of 55, which means that the stock carries the potential for higher returns. The stock is strong in performance, and financial strength but weak in growth. Profitability, stock sentiment, Piotrowski score, and forecast suggest a neutral outlook.

Medtronic Plc (MDT) stock has the ST Score of 54 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 growth, and financial strength. However, it shows a neutral outlook in stock sentiment, and forecast.

Micron Technology Inc (MU) currently has the ST Score of 54, which signifies a huge upward potential. The AI stock's strong points are its profitability, growth, and Piotroski Score, while its weak points are its financial strength. The stock's performance, 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

P.S. Want my daily watchlists sent to your cell phone too? Join our WhatsApp Exclusive Community for real-time alerts on hot stocks. Stay ahead with instant updates and exclusive insights!