Stocks moved mostly higher on Wednesday following a tech-led sell-off as investors awaited earnings from Nvidia (NVDA) that will set the tone for the next leg of the AI trade. Given that, Fed minutes set for release later will be put under the microscope for insight into the economy and future policy.

AI pioneer Nvidia was again the heaviest weight on the market. The chipmaker's drop of 3.2% brought its loss for the month to nearly 11%, putting it in "correction" territory, or when a stock falls at least 10% from its previous high. The company is scheduled to report is third-quarter financial results on Wednesday.

The shares of Bullish (NYSE: BLSH), the crypto platform backed by PayPal co-founder and venture capitalist Peter Thiel, sank on Nov. 19 despite beating revenue estimates in the third quarter of the year.

US stocks retreated on Tuesday as worries about an AI bubble and the broader US economy continued to set markets on edge, with a pivotal Nvidia earnings report and shutdown-delaye

Nvidia stock was falling on Monday after Peter Thiel’s hedge fund Thiel Macro LLC revealed it had sold all its shares in the chip maker.

The seemingly sturdy U.S. stock market has begun to wobble. Its months-long tech-driven rally may be running out of steam amid broader uncertainty about the U.S. economy’s outlook.

U.S. stock index futures were slightly higher on Wednesday, having clocked declines at the start of the week, with investor focus on Nvidia's earnings later in the day which could prove to be a make-or-break moment for the AI trade.

With the new ratings, 75% of analysts covering Ramaco stock rate shares Buy with one, Goldman Sachs, rating it Sell, according to FactSet. The average Buy-rating ratio for stocks in the S&P 500 is about 55%. The average analyst price target for Ramaco stock is about $40.

This is a significant adjustment, but it’s important to note that the stock was initially priced at $31 during its remarkable June IPO