Streetbeat News

Assets

CEG

Constellation Energy (NYSE:CEG) has seen a 7.6% increase in short interest since its last report, with 5.17 million shares sold short, representing 1.84% of its float. This indicates a bearish sentiment among traders, although it's below the peer group average of 2.55% short interest. The article suggests that an increase in short interest doesn't necessarily predict a stock price fall.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 7:30 pm

APH

Amphenol's (NYSE:APH) short interest has increased by 5.22% since the last report, with 7.36 million shares sold short, representing 1.41% of its float. It would take about 3.27 days to cover these short positions. This rise in short interest can indicate a bearish market sentiment towards APH, although it has less short interest compared to its peers' average of 3.87%. The increase in short interest doesn't necessarily predict a price drop but suggests traders are betting more on its decline.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 7:30 pm

GPI

Group 1 Automotive Inc has filed for a mixed shelf offering with Group 1 Realty, Inc. acting as guarantor. The offering may include debt securities, common and preferred stock, warrants, rights, depositary shares, and units. The size of the offering has not been disclosed. The securities may be offered in various transactions, potentially guaranteed by subsidiaries, and sold through underwriters, dealers, agents, or directly to purchasers. The terms will be determined by market conditions.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 7:20 pm

WMT

Recent options trading trends indicate a bearish stance on Walmart (NYSE:WMT) by significant investors, with a split sentiment of 38% bullish and 61% bearish. Uncommon options trades were spotted, including 6 puts and 7 calls, aiming for a price range of $50.0 to $86.67. Noteworthy options activity highlighted specific trades with varying sentiments. Walmart, a leading retailer in the US, is currently trading at $58.63, with a volume of 9,319,809. Market experts have issued ratings with a consensus target price of $137.2, suggesting a positive outlook despite the bearish options sentiment.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 7:02 pm

XMRUSD

Monero (XMR) has seen a significant price increase of 3.81% in the last 24 hours, reaching $141.95, with a weekly gain of over 17% from $120.57. Despite a 53% decrease in trading volume over the week, its circulating supply slightly rose by 0.04% to 18.15 million. Currently, XMR's market cap ranks it 47th at $2.58 billion.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 7:01 pm

CCI

Over the past 20 years, Crown Castle (NYSE:CCI) has delivered an average annual return of 11.25%, outperforming the market by 3.47% annually. With a current market capitalization of $47.73 billion, an initial investment of $1000 in CCI 20 years ago would now be worth $8,305.37.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 7:01 pm

CB

Over the past 20 years, Chubb (NYSE:CB) has delivered an average annual return of 10.15%, outperforming the market by 2.37% annually. With a current market capitalization of $102.12 billion, an initial investment of $100 in CB stock would now be worth $680.34.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 6:31 pm

AAPL

GLD

NYCB

SOXX

The S&P 500 and Nasdaq 100 hit record highs, driven by tech stock surges and semiconductor demand. Despite a contraction in the ISM Manufacturing PMI, expectations for Federal Reserve rate cuts remain. The iShares Semiconductor ETF (SOXX) saw significant gains, while Apple (AAPL) was removed from Goldman Sachs' conviction list. New York Community Bancorp (NYCB) shares plummeted due to internal control issues. The SPDR Gold Trust (GLD) is set for record highs. Major ETFs like SPY, DIA, and QQQ also saw gains, with the Technology Select Sector SPDR Fund (XLK) outperforming.

Portfolio Pulse from Piero Cingari

March 01, 2024 | 6:30 pm

AMAT

AMD

ASML

AVGO

SMH

TSM

A Reddit discussion highlights top semiconductor stocks and ETFs for long-term investment, including SMH, ASML, AMAT, AMD, AVGO, and TSM. The conversation covers diversified ETF investment, critical manufacturing roles, competitive dynamics, and strategic global expansion.

Portfolio Pulse from Surbhi Jain

March 01, 2024 | 6:28 pm