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CHTR

Charter Communications (NASDAQ:CHTR) has been evaluated by 11 financial analysts over the last three months, showing a diverse range of opinions. Recent ratings indicate a shift towards a more cautious stance, with no bullish ratings in the last 30 days compared to previous months. The average 12-month price target for CHTR has been adjusted to $347.91, marking a 12.41% decrease from the prior average. Analysts from firms including Wells Fargo, Barclays, and JP Morgan have adjusted their ratings and price targets, reflecting changes in market conditions and company performance. Charter Communications, a major player in the cable industry, has shown impressive financial performance with significant revenue growth and strong profitability metrics, despite challenges in debt management.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 4:00 pm

ENVX

Enovix Corporation (NYSE:ENVX) has seen a 5.66% increase in its short percent of float since the last report, reaching 26.53% of all shares available for trading. With 38.68 million shares sold short, it would take about 8.1 days for traders to cover their short positions. This rise in short interest indicates a more bearish market sentiment towards ENVX, although it doesn't necessarily predict a near-term price drop. Compared to its peers, ENVX has a significantly higher short interest, with the peer group average at 10.02%.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 4:00 pm

GE

Deep-pocketed investors are showing a bearish sentiment towards GE Aero (NYSE:GE), with options activity suggesting significant moves. Benzinga's tracking revealed 30 unusual options activities, with a bearish majority. The price band focus is between $140.0 and $165.0. Notable trades include both puts and calls with varying sentiments and strike prices. GE Aerospace, a leader in aircraft engines, is the core business of GE, which has spun off other divisions. The stock is slightly up, with a current price of $148.35, and experts have given it an average target price of $174.0.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 3:46 pm

BLK

C

FBTC

GS

BlackRock Inc. (BLK) has expanded its Authorized Participants (APs) for the IBIT Bitcoin ETF, adding Goldman Sachs (GS), Citigroup (C), and others, aiming to enhance liquidity and investor reach. This move reflects the growing integration of Bitcoin into mainstream finance and has seen IBIT and Fidelity's FBTC ETF outperform significantly, capturing a substantial portion of net inflows.

Portfolio Pulse from Murtuza Merchant

April 05, 2024 | 3:41 pm

DOGEUSD

SHIBUSD

SOLUSD

Arkham Intelligence highlighted the 'top five fumbles' by cryptocurrency traders in 2024, missing out on over $200 million by selling meme coins too early. Instances include significant losses on Dogwifhat (WIF), Book Of Meme (BOME), Jeo Boden (BODEN), Degen (DEGEN), and Brett (BRETT). The report underscores the volatility and timing criticality in the cryptocurrency market, referencing past successes and failures like the 'Dogecoin millionaire.' The upcoming Benzinga's Future of Digital Assets event will further explore meme coins and Bitcoin's institutional impact.

Portfolio Pulse from Khyathi Dalal

April 05, 2024 | 3:30 pm

LICY

Li-Cycle Holdings (NYSE:LICY) has seen a 34.88% increase in short interest, with 20.08 million shares sold short, representing 16.9% of its float. This indicates a bearish market sentiment, although it's higher than its peers' average of 2.70% short interest. The coverage time for short positions is approximately 1.23 days.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 3:15 pm

PCAR

PACCAR Inc's (NYSE:PCAR) short interest has increased by 16.67% since the last report, with 6.95 million shares sold short, representing 1.54% of its float. It would take approximately 2.62 days to cover these short positions. The rise in short interest can indicate a bearish market sentiment towards PCAR, although it has less short interest compared to its peers, with an average of 6.51% in the peer group.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 3:15 pm

EXPI

eXp World Holdings, Inc (NASDAQ:EXPI) has announced Leo Pareja as the new CEO of its core subsidiary eXp Realty, effective immediately. Pareja, who joined eXp Realty in 2022 and has over 20 years of real estate experience, succeeds Glenn Sanford. Sanford will continue as Founder, Chairman, and CEO of eXp World Holdings. Pareja's previous role was Chief Strategy Officer, where he significantly contributed to the company's competitive stance in the real estate market. EXPI shares dropped 4.79% to $10.15.

Portfolio Pulse from Shivani Kumaresan

April 05, 2024 | 3:14 pm

PARA

Skydance Media, RedBird Capital, and KKR are in exclusive talks with Paramount Global for a significant stake, potentially leading to a merger with Skydance's studio. The deal, still under negotiation, could see Skydance and partners owning around 45% to just over 50% of Paramount Global. The transaction aims to transform Paramount into a more future-focused media company, leveraging Oracle's technology. Paramount Global's financial struggles include a 1.7% revenue decline in 2023 and a downgrade to junk status by S&P Global Ratings. Other potential buyers like Apollo Global Management and Warner Bros. Discovery have shown interest in Paramount Global.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 3:12 pm