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AMZN

A comparative study of Amazon.com (NASDAQ:AMZN) and its competitors in the Broadline Retail industry reveals Amazon's premium valuation with high P/E, P/B, and P/S ratios, efficient operations with above-average ROE, EBITDA, and gross profit, but lower revenue growth compared to the industry average. Amazon's lower debt-to-equity ratio suggests a strong financial position relative to its top 4 peers.

Portfolio Pulse from Benzinga Insights

January 19, 2024 | 4:00 pm

AFRM

Affirm Holdings (NYSE:AFRM) has seen a decrease in short interest, with the short percent of float dropping 7.04% since the last report. The company has 39.23 million shares sold short, which is 20.99% of available shares for trading. Compared to the peer group average of 4.93% for short interest as a percentage of float, Affirm Holdings has a higher short interest, indicating more bearish sentiment among investors. However, a decrease in short interest may suggest a shift towards a more bullish sentiment.

Portfolio Pulse from Benzinga Insights

January 19, 2024 | 4:00 pm

AXDX

Accelerate Diagnostics, Inc. (NASDAQ:AXDX) stock plummeted 38% to $1.00 after announcing the pricing of an underwritten public offering of 6,860,659 units at $1.50 each. Each unit includes a share of common stock and a warrant. The offering includes an option for underwriters to purchase additional shares and/or warrants, with warrants exercisable at $1.65 and pre-funded warrants at $0.01, both valid for five years. The expected gross proceeds are $10.3 million. Additionally, a private placement to the Jack W. Schuler Living Trust will potentially bring in $4.7 million. The public offering is expected to close around January 23, with William Blair & Company as the sole book-running manager and Craig-Hallum Capital Group LLC as the co-manager. AXDX's 52-week trading range is between $0.95 and $11.90.

Portfolio Pulse from Henry Khederian

January 19, 2024 | 3:57 pm

CISS

C3is Ord Shs (NASDAQ:CISS) shares plummeted by 68% to $0.12 after the company announced an upsized public offering from $6.0 million to approximately $7.0 million, involving 28,000,000 Common Units or Pre-funded Units. The offering includes Common Shares or Pre-Funded Warrants, Class B-1 Warrants, and Class B-2 Warrants, with purchase prices of $0.25 for Common Units and $0.24 for Pre-Funded Units. The proceeds are intended for capital expenditures and potential vessel acquisitions, specifically contributing to the purchase of an Aframax tanker. The offering is expected to close on January 23.

Portfolio Pulse from Henry Khederian

January 19, 2024 | 3:54 pm

DIS

Blackwells Capital is actively soliciting proxies from Disney shareholders for the election of its director nominees. Additionally, Blackwells is seeking proxies for a proposal to adopt a non-binding, advisory resolution. This move indicates an attempt by Blackwells Capital to influence the board composition and strategic direction of Disney.

Portfolio Pulse from Charles Gross

January 19, 2024 | 3:46 pm

TSLA

Analysis of Tesla's (NASDAQ:TSLA) options activity reveals a bearish sentiment among financial giants, with 65% of trades showing bearish tendencies. The trades consist of 58 puts worth $4.17 million and 50 calls worth $3.06 million. The predicted price range for Tesla is between $175.0 and $280.0. Notable options activity includes various put trades with different sentiments and expiration dates. Tesla's current trading volume is 29,526,137, with a slight price drop of -0.95% to $209.88, and an earnings announcement is expected in 5 days.

Portfolio Pulse from Benzinga Insights

January 19, 2024 | 3:46 pm

AMZN

Amazon Web Services (AWS) plans to invest approximately $15.5 billion in Japan from 2023 to 2027 to expand data centers and operations. This investment aims to capitalize on the increasing volume of data processed due to the AI boom. AWS has previously invested 1.51 trillion yen in Japan over 12 years. The new investment in Japan will surpass the planned investment in India. John Felton has been appointed as the new CFO of AWS, succeeding Richard Puccio. Despite AWS's slower growth due to economic uncertainty, Amazon has had a significant year with initiatives in robotics, AI, and custom silicon chips, alongside workforce downsizing across various units. Amazon's stock rose 64% last year but is slightly down in the latest trading session.

Portfolio Pulse from Anusuya Lahiri

January 19, 2024 | 3:45 pm

AZTR

Azitra Inc.'s stock is trading lower following the company's announcement of a firm commitment public offering of 3 million shares of common stock.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 3:35 pm

AXDX

Accelerate Diagnostics' stock price is trading lower following the announcement of a public offering and private placement valued at approximately $15 million.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 3:34 pm

CISS

C3is shares are trading lower following the announcement of a $7 million upsized underwritten public offering, which typically dilutes existing shareholders' equity.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 3:32 pm