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Assets

HKD

AMTD Digital (NYSE:HKD) has seen a decrease in short interest, now at 0.66% of its float, lower than its peer group average of 11.05%. This reduction from 13.16% since the last report suggests a potential shift in market sentiment towards a more bullish outlook. The current short interest represents 1.27 million shares, with a cover time of 2.75 days based on trading volume.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 4:00 pm

MA

PYPL

V

Mastercard (NYSE:MA) is analyzed against competitors in the Financial Services industry, showing it trades at a premium with high PE, PB, and PS ratios but also demonstrates strong financial performance with high ROE, EBITDA, gross profit, and revenue growth. The analysis includes a comparison of key financial metrics against companies like Visa Inc, Fiserv Inc, PayPal Holdings Inc, and others, indicating Mastercard's strong market position and growth prospects.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 4:00 pm

NU

Nu Holdings (NYSE:NU) has seen a 10.4% decrease in short interest, now at 47.61 million shares or 1.55% of float, taking 1.24 days on average to cover. This decline in short interest could indicate a more bullish sentiment towards NU compared to its peers, where the average short interest as a percentage of float is 0.73%.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 4:00 pm

IQV

IQVIA Holdings (NYSE:IQV) has seen a 19.37% increase in short interest, now at 3.64 million shares or 2.28% of float, taking 3.56 days on average to cover. This rise in short interest may indicate a bearish market sentiment towards IQV, although it has less short interest compared to its peers' average of 5.62%. Short interest is a key indicator of market sentiment, potentially impacting stock price movements.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 4:00 pm

AMZN

AVGO

LRCX

TSM

Tiger Global has acquired a stake in Broadcom Inc (NASDAQ:AVGO), signaling confidence in the AI semiconductor market. This move is part of a broader strategy to adjust its investment portfolio, with increased stakes in Taiwan Semiconductor Manufacturing Co (NYSE:TSM) and Lam Research Corp (NASDAQ:LRCX). Analysts view Broadcom as a key player in the AI semiconductor space, with significant revenue projections for 2024. Despite a projected -5.87% downside in 2025, Broadcom's past performance has outperformed the S&P500 index. Tiger Global also reduced investments in tech giants like Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL), Meta Platforms Inc (NASDAQ:META), Microsoft Corp (NASDAQ:MSFT), and Nvidia Corp (NASDAQ:NVDA), while increasing its stake in Amazon.com Inc (NASDAQ:AMZN).

Portfolio Pulse from Anusuya Lahiri

February 15, 2024 | 3:32 pm

SPY

UNG

USA Natural Gas Storage decreased by 49B, less than the estimated decrease of 67B and the previous decrease of 75B. This indicates a smaller than expected drawdown in natural gas inventories.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 3:30 pm

IEF

TLT

U.S. Treasury yields have nearly reversed their increase following January's high inflation report, due to poor retail sales data sparking hopes for Federal Reserve rate cuts. The 10-year Treasury note yield dropped to 4.21%, and the 30-year to 4.4%, both returning to pre-report levels. Retail sales in January fell by 0.8%, leading to increased bets on Fed rate cuts in 2024, with money markets predicting 105 basis points in cuts by year-end. The iShares 20+ Year Treasury Bond ETF (TLT) and the iShares 7-10 Year Treasury Bond ETF (IEF) both saw gains in response.

Portfolio Pulse from Piero Cingari

February 15, 2024 | 3:15 pm

NNOX

NVDA

Nanox shares experienced an increase in value following Nvidia's disclosure of owning a 59,632 share stake in the company. This development highlights Nvidia's interest in Nanox, potentially signaling confidence in Nanox's future prospects.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 3:14 pm

NVDA

RXRX

Recursion Pharmaceuticals Inc (RXRX) shares surged after Nvidia Corp (NVDA) disclosed a $75.9 million stake in the company, according to Nvidia's 13F filing. This investment follows Nvidia's $50 million investment in Recursion in July 2023. Recursion, founded in 2013, leverages AI for drug discovery and plans to use NVIDIA's DGX Cloud for training foundation models. RXRX shares are trading higher with a volume of 1.595 million, against an average of 5.494 million. Wall Street analysts generally rate RXRX as a Buy, with the stock having risen 62.52% in the past three months despite a 19.96% drop in revenue over the past year.

Portfolio Pulse from Vandana Singh

February 15, 2024 | 3:03 pm

FILUSD

Filecoin (CRYPTO: FIL) has seen a 4.56% increase in price over the last 24 hours, reaching $5.85. This is part of a larger trend, with an 11.0% gain over the past week from $5.26. The coin's all-time high is $236.84. Trading volume for Filecoin has increased by 70.0% over the past week, and its circulating supply has risen 1.18% to 510.00 million, which is 26.01% of its max supply of 1.96 billion. Filecoin's market cap is currently ranked #39 at $2.99 billion.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 3:02 pm