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PHVS

Pharvaris N.V. reported a decrease in its year-over-year loss per share from €1.16 to €0.74 in Q4 and from €2.27 to €2.63 for the full year. The company's cash and equivalents significantly increased to €391 million as of December 31, 2023, from €162 million the previous year. R&D and G&A expenses also rose in 2023.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 8:14 pm

IT

Gartner (NYSE:IT) has significantly outperformed the market over the past 5 years, achieving an annualized return of 23.98%, turning a $1000 investment into $2,907.27. The company now has a market capitalization of $36.64 billion.

Portfolio Pulse from Benzinga Insights

April 10, 2024 | 8:00 pm

RSG

Over the past 20 years, Republic Servs (NYSE:RSG) has produced an average annual return of 12.26%, outperforming the market. A $1000 investment in RSG 20 years ago would be worth $10,200.81 today. Republic Servs currently has a market capitalization of $59.80 billion.

Portfolio Pulse from Benzinga Insights

April 10, 2024 | 8:00 pm

ORC

Orchid Island Cap (NYSE:ORC) has seen a decrease in short interest, with 3.98 million shares sold short, representing 7.77% of its float. This is a decrease of 9.23% from its last report, taking an average of 4.62 days to cover short positions. Short interest is a key indicator of market sentiment, and a decrease suggests a more bullish outlook among investors. ORC's short interest is higher than its peer group average of 6.24%, indicating more bearish sentiment compared to its peers.

Portfolio Pulse from Benzinga Insights

April 10, 2024 | 8:00 pm

NVLHF

Nevada Lithium CEO Stephen Rentschler highlighted a critical supply-demand imbalance in the lithium market, exacerbated by surging demand from the EV sector. The industry needs to increase production from 500,000 tons to 2-3 million tons by 2030. Nevada Lithium's Bonnie Claire project, with recent high-grade lithium findings, is positioned as a key player to address this challenge. The project's economic prospects are promising, with significant leverage to lithium prices.

Portfolio Pulse from Abbey Higginbotham

April 10, 2024 | 7:52 pm

AMD

NVDA

SPY

On a recent episode of PreMarket Prep, co-host Dennis Dick highlighted NVIDIA Corp (NASDAQ:NVDA) as a resilient stock amidst market sell-offs due to higher-than-expected March inflation data and interest rate fears. While the tech and semiconductor sectors faced downturns, NVIDIA was seen as a 'flight to safety' option, eventually gaining about 1.5% in a day when the broader market declined. Advanced Micro Devices (NASDAQ:AMD) and other smaller, more debt-reliant semiconductor stocks did not fare as well, highlighting a divergence in the sector.

Portfolio Pulse from Aaron Bry

April 10, 2024 | 7:47 pm

COP

Financial giants have shown a bearish trend on ConocoPhillips (NYSE:COP) options, with 55% bearish and 44% bullish trades. Notable options activity includes both puts and calls with strike prices ranging from $125 to $160. Current market analysis shows COP's price slightly down with a potential overbought RSI. Analysts have mixed views, setting an average price target of $141.6, with individual targets ranging from $129 to $158. The company's performance includes 1.2 million barrels per day of oil and natural gas liquids production, with proven reserves of 6.6 billion barrels of oil equivalent.

Portfolio Pulse from Benzinga Insights

April 10, 2024 | 7:46 pm

BTCUSD

Bitcoin's recent performance is attributed to a surge in spot trading volume, with daily volumes peaking at $14.1 billion in mid-March when Bitcoin reached an all-time high of $73,000. Despite a recent cooldown to $7 billion per day, the demand in spot markets continues to drive price appreciation. The market is experiencing profit-taking, with the weekly sum of realized profit normalized by market cap peaking at 1.8%. The influx of new investors is significant, with the share of wealth held by coins younger than six months increasing dramatically, indicating a balance between long-term holders and new demand. Bitcoin's consolidation phase follows its highest monthly close ever in March, with expectations of rising prices in the next 18 months post-Bitcoin halving.

Portfolio Pulse from Ivan Crnogatić

April 10, 2024 | 7:32 pm

SLB

Financial giants have shown a bullish sentiment towards Schlumberger (NYSE:SLB), with a mix of bullish and bearish options trades. Analysis of options history revealed 9 unusual trades, with a slight majority being bullish. The largest trades include both calls and puts, with a significant total trade price, indicating a price window expectation of $32.5 to $62.5 for SLB. The company, a leading oilfield service firm, is approaching its earnings announcement, with its stock slightly down and potentially nearing overbought status.

Portfolio Pulse from Benzinga Insights

April 10, 2024 | 7:31 pm

HIG

Hartford Finl Servs Gr (NYSE:HIG) has delivered an average annual return of 15.86% over the past 15 years, outperforming the market by 3.24% annually. A $1000 investment in HIG 15 years ago would be worth $9,152.35 today, showcasing the impact of compounded returns over time. HIG's current market capitalization stands at $29.14 billion.

Portfolio Pulse from Benzinga Insights

April 10, 2024 | 7:30 pm