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Assets

BRK/A

CVX

Berkshire Hathaway has increased its investment in Chevron by approximately 15.8 million shares, signaling a strong vote of confidence in the energy sector by one of the world's most closely watched investment firms.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 9:17 pm

SUM

Summit Materials projects its FY24 adjusted EBITDA to be approximately $950M-$1.010B, with capital expenditures estimated to be around $430M-$470M.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 9:17 pm

AAPL

BRK.A

Berkshire Hathaway has sold approximately 10 million shares of Apple, reducing its stake in the technology giant.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 9:15 pm

EQIX

Equinix (EQIX) projects Q1 2024 revenues to be between $2.127B-$2.147B, slightly below the $2.14B estimate, with full-year revenues expected between $8.793B-$8.893B, against an $8.87B estimate. The company anticipates a 1-2% quarterly revenue increase, or flat on a normalized basis, including a $38M foreign currency benefit. Adjusted EBITDA for Q1 is forecasted between $960M-$980M, incorporating a $18M currency benefit and $5M in acquisition integration costs. For 2024, Equinix expects a 7-9% revenue increase year-over-year, with adjusted EBITDA between $4.089B-$4.169B, including a $67M currency benefit. AFFO is projected to grow 9-12%, with per-share figures between $34.58-$35.31. The guidance accounts for significant non-recurring and recurring capital expenditures, including xScale-related investments expected to be reimbursed by current and future xScale JVs.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 9:12 pm

AMZN

BABA

GOOGL

JD

Michael Burry's Scion Asset Management made significant portfolio adjustments in Q4 2023, notably increasing stakes in Chinese retailers and investing in AI-driven U.S. tech giants Alphabet Inc. and Amazon.com Inc. New entries include HCA Healthcare, Oracle Corp, Citigroup, CVS Health Corp, Alphabet Inc., and Amazon.com Inc. Key increases were in JD.com Inc and Alibaba Group Holding Ltd, now top holdings. Burry sold all option PUTS on Booking Holdings and iShares Semiconductor ETF, and liquidated stocks in Hudson Pacific Properties, Stellantis NV, Euronav NV, and Crescent Energy Company. Reductions were made in Nexstar Media Group, Star Bulk Carriers Corp., and Booking Holdings Inc.

Portfolio Pulse from Piero Cingari

February 14, 2024 | 9:09 pm

ORCL

Oracle (NYSE:ORCL) has seen a surge in options activity, with a bearish stance by whales. Analysis of 19 trades shows 42% bullish and 57% bearish sentiment. The price target window is between $70.0 and $130.0. The biggest options spotted range in sentiment from neutral to bearish, with expiration dates extending up to 2026. Oracle's stock is currently up by 0.51%, trading at $114.26, with potential overbought indications. The next earnings report is due in 22 days.

Portfolio Pulse from Benzinga Insights

February 14, 2024 | 8:45 pm

MP

MP Materials (NYSE:MP) has seen a 6.54% increase in short interest since its last report, with 15.68 million shares sold short, representing 17.59% of its float. This indicates a bearish market sentiment, although it's higher than its peer group average of 3.42%. The article suggests that an increase in short interest doesn't necessarily predict a price drop.

Portfolio Pulse from Benzinga Insights

February 14, 2024 | 8:15 pm

ECL

Ecolab's (NYSE:ECL) short interest has increased by 8.33% since the last report, with 1.94 million shares sold short, representing 0.78% of its float. It would take about 1.65 days to cover these short positions. The rise in short interest can indicate a bearish market sentiment towards ECL, although it has less short interest compared to its peers' average of 3.87%. This increase in short interest does not necessarily predict a price drop but suggests traders are shorting more shares.

Portfolio Pulse from Benzinga Insights

February 14, 2024 | 8:15 pm

INVH

Invitation Homes (NYSE:INVH) has seen a decrease in short interest, now at 12.26 million shares or 2.83% of float, down 5.98% from the last report. It would take about 3.28 days to cover all short positions. A decrease in short interest can indicate more bullish sentiment towards the stock. INVH has a higher short interest compared to its peer group average of 2.01%.

Portfolio Pulse from Benzinga Insights

February 14, 2024 | 8:15 pm

WBD

Scion Asset Management, LLC has increased its stake in Warner Bros. Discovery (WBD) by 375,000 shares, as revealed in its latest 13F filing. This move indicates a growing confidence in WBD's future performance and potential for growth.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 8:06 pm