US stocks declined sharply on October’s final trading day as concerns over Big Tech’s AI spending intensified following disappointing earnings from Alphabet and Amazon. 

As of 11:00 a.m. ET, the Nasdaq Composite fell 2.15%, the S&P 500 dropped 1.28%, and the Dow Jones slipped 0.4%. Alphabet plunged after reporting negative free cash flow of $9.07 billion. 

AI-related ETFs also suffered, with the Roundhill Memory ETF down 19% and the iShares AI Innovation and Tech ETF losing 16% in October. 

For the month, the Nasdaq is heading toward a nearly 5% decline, while the S&P 500 is set to fall 0.6%, contrasting with a gain of over 2% for the Dow.

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Top Movers: Under $10 

TNL Mediagene (TNMG) is up 25.57% today to trade at the current level of $3.83 after completing the sale of its Japanese business in a management buyout.

FMC Corp (FMC) zoomed 22.85% in today’s trade to $5.84 after reporting third-quarter 2026 results.

In current trading, Acco Brands Corp (ACCO) stock is at $5.10 after reporting third quarter results.

New Fortress Energy Inc (NFE) rose 21.16% in the early hours of today's trading to move at $4.63 after announcing that it has agreed to lease ten mobile turbines that can generate up to 300 megawatts of power to a US-based investment-grade company.

In the current trading session, Workhorse Group Inc (WKHS) jumped 11.76% to $2.85 over a previous close of $2.55 following its strategic partnership with UK-based RHAELM to commercialize TerraPod, its new modular AI data center platform, signaling growing investor optimism around its expansion into AI infrastructure.

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Ex-Dividend Stocks

Ameriserv Financial Inc (ASRV) is about to trade ex-dividend Monday, meaning that investors who buy the stock after Monday will not be eligible for the next dividend payment. The company's next dividend payment will be $0.03 per share. It has set November 02 as the record date for the same and will pay the actual dividend on November 16. Last year, the company distributed a total of $0.12 to its shareholders. Based on last year's worth of payments, ASRV has a trailing yield of 2.43% on the current stock price of $4.93.

Another stock that is shelling out dividends on Monday is Sierra Bancorp (BSRR), having a market capitalization of $550.16M. It will pay a dividend of $0.27 per share, the payment date of which is November 09. Currently, the stock is trading at a trailing dividend yield of 2.45%.

Shares of Citizens & Northern Corp (CZNC) will be the talk of the stock market on Monday as the stock will turn ex-dividend. The company's next dividend payment will be $0.3 per share, and in the last 12 months, it paid a total of $1.12 per share. Last year's total dividend payments show that CZNC has a trailing yield of 4.03% on the current share price of $27.82.

Five Star Bancorp (FSBC) is also set to go ex-dividend on Monday. The next dividend payment from FSBC will amount to $0.25 per share. November 02 has been designated as the record date for this dividend, with the actual payout scheduled for November 09. In the previous year, FSBC distributed a total of $0.95 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for FSBC stands at 2.08% based on the current stock price of $45.76.

Hingham Institution For Savings (HIFS) will be paying out a dividend of $0.63 per share to shareholders holding their shares as of the close of the business hours on the record date of November 02. Over the past 12 months, HIFS has paid out a total of $2.52 per share in dividends. Based on the total dividends paid out last year, HIFS boasts an impressive trailing yield of 0.82% on the current share price of $306.1.

Profit-Alert: Silver-Gold Discovery Stock Trading Below US$1

Silver and gold are commanding historically high prices as investors rediscover small-cap explorers. One overlooked Canadian miner, trading below US$1, has consolidated a historic Mexican silver-gold district and is drilling high-grade targets across its flagship project.

With multiple catalysts lining up, the window to get in ahead of the next high-grade discovery may be closing fast.

Crypto Market Highlights

• Binance is working with the FBI to recover funds stolen in the record $6.3 billion exploit.

• Zcash Community Grants proposed redirecting $46 million in treasury tokens to future block rewards, sparking calls for greater accountability.

• Trezor warned customers who purchased wallets from CryptoBilis since March to move their funds following a suspected device implant.

• Strategy plans to fund more Bitcoin purchases through preferred shares, with Michael Saylor citing up to $30 billion in potential digital credit.

• Polymarket temporarily halted trading following a major outage affecting its Predictions Trading API.

Most Shorted Stocks

DeFi Development (DFDV) was one of the most shorted stocks as of latest short interest figures, with 28.08% 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 3.5. This represents a change of 1,983,495 shares, which corresponds to a 42.51% increase in short interest. The total value of the shares held short is estimated to be around $27.66 million. The average daily volume stands at 1.78M shares, and the market capitalization of the company is $125.59M.

The MP Materials with the symbol MP currently has a short interest of 22.16%. The short interest has changed by -384,719 shares. The days to cover ratio stands at 6.2. The estimated value of the shares held short is approximately $1.51 billion. On an average day, 5.89M shares are traded, with the company's market capitalization totaling $7.42B.

For the stock Enovis (ENOV), the current short interest is at 20.90%. This represents a significant short interest change of 1,139,454 shares, corresponding to a short interest percentage increase of 10.79%. The days needed to cover the short positions amount to 8.7. The approximate worth of the shares held short is $226.14 million.

With the symbol SG, the stock currently has a short interest of 24.75%. The short interest change is -815,288 shares, compared with a short interest percentage change of -3.27%. It would take approximately 5.3 days to cover all the short positions. The short interest value is estimated to be around $256.25 million. The company boasts an average daily volume of 5.41M shares, contributing to a market capitalization of $1.36B.

The stock WGS has a current short interest of 26.98%. The short interest percentage has experienced an increase of 7.02% while there was a change of 394,729 shares in short interest. The ratio indicating the time required to cover short positions is 8.7. The calculated worth of the shorted shares amounts to around $422.80 million. Trading activity averages at 767.42K shares per day, while the company's market capitalization stands at $2.12B.

Energy Stocks to Watch

According to our ST Score evaluation, Cheniere Energy Inc (LNG) emerges as a high-quality stock in the Energy industry, attaining an impressive score of 53. The stock's profitability, stock sentiment, Piotroski Score, and forecast are strong. However, its financial strength is weak. Additionally, it is neutral in terms of performance and growth.

Our ST Score also classifies Teekay Tankers Ltd (TNK) as a high-quality Energy stock today, presenting a Score of 62. The stock has strong fundamentals in terms of profitability, performance, financial strength, and Piotroski Score. However, it has weak growth, stock sentiment, and forecast.

Another stock in the category, Texas Pacific Land Corp (TPL) has the ST Score of 65, which means that the stock carries the potential for higher returns. The stock is strong in profitability, performance, growth, financial strength, and Piotroski Score but weak in stock sentiment and forecast.

Vista Energy SAB de CV ADR (VIST) stock has the ST Score of 57, which implies that the Energy company has a high probability of beating the market. The stock's strengths lie in its profitability, performance, growth, and Piotroski Score, but its weaknesses are in its financial strength, stock sentiment, and forecast.

International Seaways Inc (INSW) currently has the ST Score of 68, which signifies a huge upward potential. The Energy stock's strong points are its profitability, performance, financial strength, and Piotroski Score. The stock's growth, 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