Streetbeat News

Assets

HSCS

Heart Test Laboratories reported that their cash and cash equivalents as of January 31 were approximately $7.1 million.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 8:26 pm

INTS

Intensity Therapeutics reported its 2023 year-end cash and investments total at $14.8 million. This financial update provides insight into the company's current liquidity and financial health.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 8:23 pm

VRNS

Varonis Systems (NYSE:VRNS) has seen an 8.82% increase in short interest since its last report, with 6.60 million shares sold short, representing 6.91% of its float. This indicates a bearish market sentiment, although it's not a definitive predictor of stock price movement. Varonis has a higher short interest compared to its peers, with an average of 4.00% in its peer group.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 8:15 pm

MOD

Modine Manufacturing (NYSE:MOD) has seen a 14.62% increase in short interest since its last report, with 2.49 million shares sold short, representing 4.86% of its float. It would take approximately 2.67 days to cover these short positions based on current trading volumes. This rise in short interest can indicate a bearish market sentiment towards MOD, though it's noted that an increase in short interest doesn't necessarily predict a stock price decline. Compared to its peers, MOD has a lower short interest as a percentage of float, with the average being 9.93%.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 8:15 pm

VRT

Vertiv Hldgs (NYSE:VRT) has significantly outperformed the market with an annualized return of 49.31% over the past 5 years, growing a $1000 investment to $7,413.41. The company now has a market capitalization of $28.13 billion.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 8:00 pm

DOGEUSD

PEPEUSD

SHIBUSD

Crypto analyst Andrew Kang predicts that the frog-themed meme coin Pepe (CRYPTO: PEPE) will outperform Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB), citing Elon Musk's recent preference for Pepe. Despite past challenges, Pepe has seen a significant rise, with its value increasing by 842% over the past month and its market capitalization surpassing $4 billion. Musk's indirect association with Pepe could further drive its value, even as he recently endorsed Dogecoin at a Tesla event.

Portfolio Pulse from Murtuza Merchant

March 14, 2024 | 7:46 pm

DIA

IWM

QQQ

SMH

SPY

Stock indexes fell following a larger-than-expected increase in the Producer Price Index (PPI), leading to a rise in the dollar. Cryptocurrencies and semiconductor stocks also experienced a pullback.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 7:34 pm

AMP

Ameriprise Financial (AMP) has significantly outperformed the market with an annualized return of 26.12% over the past 5 years, turning a $1000 investment into $3,154.50. The company now has a market capitalization of $41.80 billion.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 7:30 pm

ENPH

Over the past 5 years, Enphase Energy (NASDAQ:ENPH) has significantly outperformed the market, with an annualized return of 51.5% and an average annual return of 64.16%, growing a $100 investment to $1,134.13. The company currently has a market capitalization of $15.85 billion.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 7:30 pm

NOK

Nokia's (NYSE:NOK) short interest has increased by 14.29% since the last report, with 22.39 million shares sold short, representing 0.4% of available shares. It would take approximately 1.65 days to cover these short positions. An increase in short interest can indicate bearish market sentiment, but Nokia's short interest is below its peer group average of 7.93%. This suggests less bearish sentiment compared to its peers, and increasing short interest can sometimes be bullish.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 7:30 pm