Streetbeat News

Assets

AMT

American Tower (NYSE:AMT) has seen a 5.84% increase in short interest since the last report, with 6.57 million shares sold short, representing 1.63% of available shares. It would take 2.78 days to cover these short positions. While an increase in short interest can indicate bearish sentiment, it doesn't necessarily predict a price drop. Compared to its peers, AMT has less short interest, with a peer group average of 4.86%. Short interest can sometimes be a bullish indicator.

Portfolio Pulse from Benzinga Insights

January 05, 2024 | 8:00 pm

AGL

APLT

AXGN

BNZI

MPW

RCAC

STZ

U.S. stocks saw gains with the Dow Jones rising by 50 points. Constellation Brands Inc (NYSE:STZ) reported Q3 earnings with higher-than-expected EPS but lower sales, leading to a reduced FY24 EPS outlook. AxoGen, Inc. (NASDAQ:AXGN) shares surged on positive preliminary revenue and CEO retirement news. Banzai International, Inc. (NASDAQ:BNZI) spiked after announcing a letter of intent to acquire IGLeads. Revelstone Capital Acquisition Corp. (NASDAQ:RCAC) saw a jump in shares after cancelling a special meeting for a business combination. Applied Therapeutics, Inc. (NASDAQ:APLT), agilon health, inc. (NYSE:AGL), and Medical Properties Trust, Inc. (NYSE:MPW) experienced significant share price drops due to negative clinical trial results, lowered financial outlook, and exposure reduction plans, respectively. Crude oil prices increased by 2.3%, while gold saw a slight decline.

Portfolio Pulse from Avi Kapoor

January 05, 2024 | 7:30 pm

Agilent Technologies (NYSE:A) has delivered an average annual return of 13.93% over the past 15 years, outperforming the market. A $1000 investment in Agilent Technologies 15 years ago would be worth $7,076.67 today. The company's current market capitalization stands at $38.09 billion.

Portfolio Pulse from Benzinga Insights

January 05, 2024 | 7:30 pm

BSVUSD

Bitcoin SV (BSV) has experienced a 3.55% price drop over the last 24 hours, reaching $81.56, and a 17% decline over the past week from $97.88. The trading volume has decreased by 87%, while the circulating supply has increased by 1.8% to 19.60 million coins, which is 93.33% of the maximum supply. Bitcoin SV's market cap is currently ranked #50 at $1.60 billion.

Portfolio Pulse from Benzinga Insights

January 05, 2024 | 7:03 pm

QNTUSD

Quant (CRYPTO: QNT) has seen a significant price drop of 7.15% in the past 24 hours, reaching $120.01, and an 11% decrease over the past week from $134.92. The trading volume has decreased by 25%, while the circulating supply has slightly increased. Quant's market cap ranking is currently #47, with a valuation of $1.75 billion.

Portfolio Pulse from Benzinga Insights

January 05, 2024 | 7:02 pm

GRTUSD

The Graph's cryptocurrency (GRT) has seen a 7.23% decrease in price over the last 24 hours, continuing a negative trend from the past week with a 1.0% loss. The trading volume for GRT has increased by 17.0% over the past week, while the circulating supply rose by 0.15% to 9.36 billion, approximately 86.8% of its max supply. The Graph is currently ranked #48 in market cap at $1.70 billion.

Portfolio Pulse from Benzinga Insights

January 05, 2024 | 7:02 pm

ROP

Over the past 20 years, Roper Technologies (NASDAQ:ROP) has delivered an average annual return of 16.23%, outperforming the market. A $100 investment in ROP 20 years ago would be worth $2,004.97 today. Roper Techs currently has a market cap of $55.99 billion.

Portfolio Pulse from Benzinga Insights

January 05, 2024 | 7:00 pm

XYL

Over the past 10 years, Xylem (NYSE:XYL) has produced an average annual return of 12.39%, outperforming the market. A $100 investment in XYL a decade ago would be worth $322.91 today. Xylem's market capitalization currently stands at $26.97 billion.

Portfolio Pulse from Benzinga Insights

January 05, 2024 | 6:30 pm

BLK

BTCUSD

The SEC is considering the approval of the first spot Bitcoin ETFs, with 13 applications from firms like BlackRock, ARK Invest, and others. Approval could lead to increased institutional investment and market stability but also poses risks of market manipulation and environmental concerns. The decision could significantly impact the integration of crypto with traditional finance.

Portfolio Pulse from Murtuza Merchant

January 05, 2024 | 6:27 pm

AAPL

ADBE

AMZN

GOOGL

INTC

MDB

MNDY

MSFT

NVDA

Ivan Feinseth of Tigress Financial predicts AI will be the next goldrush, with every company needing to deploy AI for various business efficiencies. He quotes Tom Siebel of C3.ai, a company Feinseth invests in. Feinseth holds stocks in 'hyperscalers' like Amazon, Alphabet, and Microsoft, as well as smaller companies like MongoDB, Monday.Com, and C3.ai. He doesn't see AI as a job threat but as a tool for increased efficiency and creativity. Feinseth also sees growth potential in Intel due to its investment in new foundries and interest from companies like Apple and Nvidia.

Portfolio Pulse from Neil Dennis

January 05, 2024 | 6:14 pm